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Zenefits Hit With $7 Million Fine For Unlicensed Agents

November 28, 2016 By Kevin Knauss Leave a Comment

Insurance Commissioner Dave Jones today announced the enforcement action taken against Zenefits for multiple license violations has resulted in a $7 million penalty. Zenefits was charged with allowing unlicensed employees to transact insurance and circumventing insurance agent education requirements. This is the largest penalty assessed by any commissioner against Zenefits and one of the largest penalties for licensing violations ever assessed in the department’s history.

Filed Under: Cal DOI Tagged With: Agents, Fine, Insurance, Penalty, Violations, Zenefits

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