Coldwell Banker Hit With Class Suit Over Insurance

Law360, New York (May 7, 2008, 12:00 AM EDT) -- A real estate agent hit Coldwell Banker Residential Brokerage Co. with a putative class action Tuesday, claiming the brokerage violates California law by requiring its employees to purchase insurance policies that protect the company.

Jason Claver, a former broker for Coldwell Banker in San Diego, Calif., filed the complaint in the U.S. District Court for the Southern District of California, alleging the brokerage illegally makes its brokers sign an independent contractor agreement, forcing them to pay for both a general insurance policy and car insurance that...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.