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...
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