is about to get a Fresh New Look! Check out our beta site »

Social Security Changes You Need to Know Now.
Women have a lot of reasons to plan for Chronic Illness Care.
Women have a lot of reasons to plan for Chronic Illness Care.
Women have a lot of reasons to plan for Chronic Illness Care.
Click here to see this article in our upcoming redesigned website

Insurance Firm Fined For Wage Violations

By Jack Katzanek, The Press-Enterprise, Riverside, Calif.
McClatchy-Tribune Information Services

Jan. 10--A Colton-based insurance company has agreed to pay almost $120,000 in back wages and fines after a federal investigation found minimum wage, overtime and other wage-and-hour violations, according to a statement from the U.S. Department of Labor.

An investigation found that Premier Insurance Services, which sells a variety of policies, paid its employees based strictly on commissions, which resulted in workers receiving less than the minimum wage. Employees also did not receive overtime when they worked more than 40 hours in a week.

Also, Premier insurance Services did not keep employee payroll records.

"Paying employees on a commission-only basis does not give employers a green light to dodge minimum wage and overtime pay requirements," Priscilla Green, director of the labor department's West Covina office, said in the statement.

The settlement includes back pay due to 90 employees in 13 California locations, including one in Riverside, and almost $33,000 in civil penalties. The company also was ordered to sign an agreement to implement a timekeeping system to document employees' hours, according to the statement.

A spokesperson for Premier Insurance Services declined to comment on the federal agency's ruling.

Earlier this year the Labor Department discovered that an Upland company, Speedlane Insurance Services, was committing similar wage-and-hour offenses and was forced to pay about $200,000 in back wages to 96 employees. According to the statement, Speedlane was owned and operated by a close relative of Hakim Kabir, who owns Premier Insurance Services.


(c)2013 The Press-Enterprise (Riverside, Calif.)

Visit The Press-Enterprise (Riverside, Calif.) at

Distributed by MCT Information Services


Advisors Guide to Selling IUL


  More Life Insurance News

More Life Insurance News >>
  Most Popular Life Insurance News

More Popular Life Insurance News >>
Hot Off the Wires  Hot off the Wires

More Hot News >>

insider icon Denotes premium content. Learn more about becoming an Insider here.
Advisors Guide to Selling IUL