A federal judge in Philadelphia has rejected an effort by Nationwide Insurance agents to challenge the insurer’s new contract, which they say is unfair.
The Internal Revenue Service said it will allow businesses that improperly labeled their employees as independent contractors a chance to reclassify those workers.
An association of 54 insurance agents is suing a Columbus, Ohio-based insurance company for allegedly forcing them to submit to changes in the insurer-agent relationship that exert more control over them.
An insurance industry trade group representing agents in Delaware, Maryland and Pennsylvania has expanded a tool to help its members better protect their books of business and agency value.
Gov. David A. Paterson signed into law a measure allowing state insurance regulators to approve allowing health insurers to issue group health insurance policies to cover temporary, part-time, freelance and self-employed workers.
The Allstate Insurance Co. has agreed to pay 90 former employees about $4.5 million to settle an age discrimination suit filed after the insurer tried to convert its workforce form employees to independent contractors in 1999.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.