In a very favorable ruling for insurance companies, a federal district court on May 6 held that Northwestern Mutual Life Insurance Company had not misclassified as an independent contractor (IC) a life insurance agent who alleged that he was an “employee” under the New Jersey Wage Payment Law.
Read More Insurance Agent for Northwestern Mutual Found to be Independent Contractor, Not Employee
Alan Levin
Alan advises key players in the insurance and reinsurance sectors on complex transactions and regulatory matters in mergers and acquisitions of producers, managing general agents, and third-party administrators.
Independent Contractor Misclassification: Class Action Lawyers Now Targeting the Insurance Industry
Independent insurance sales agents have been treated as independent contractors (ICs) for decades. But recently, class action lawyers have begun to target insurance companies with claims that carriers have misclassified these sales agents as ICs instead of employees. These lawsuits allege that insurance companies have violated wage and hour, employee…
Read More Independent Contractor Misclassification: Class Action Lawyers Now Targeting the Insurance Industry