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From the earlier post about unlicensed deals in Washington state: > Washington law is particularly severe when it comes to the unlicensed sale of insurance. Un
by tedmiston 11y ago
From the earlier post about unlicensed deals in Washington state:
> Washington law is particularly severe when it comes to the unlicensed sale of insurance. Under the law, anyone who knowingly sells, solicits, or negotiates insurance without the proper state license can be punished with a prison sentence of up to 10 years, as well as a civil penalty of up to $25,000 for each violation.
http://www.buzzfeed.com/williamalden/80-of-zenefits-deals-in-washington-state-done-by-unlicensed#.qwk7J5MMz http://www.buzzfeed.com/williamalden/80-of-zenefits-deals-in...
- pedalpete 11y agoImportant consideration here may be that zenefits employees would possibly be liable. Does anybody know if they were made aware of the issues before Nov 2015?
- arethuza 11y agoOut of interest, do Credit Default Swaps fall into that category of "insurance"?
- leroy_masochist 11y agoNo