Life Insurance Agents Exempt From OT, Judge Rules

Law360, New York (May 19, 2011, 7:48 PM EDT) -- A New York federal judge on Thursday trimmed overtime claims from a putative class action accusing New York Life Insurance Co. of underpaying its insurance agents, finding the outside sales exemption applied to the plaintiffs.

Ruling in the lawsuit lodged by former agent Avraham Gold in April 2009, U.S. District Judge William H. Pauley III granted in part the insurance company's motion for summary judgment, nixing the plaintiffs' claim for unpaid overtime on the grounds that an insurance agent's primary duty involves selling policies. However, the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.