NAIFA has joined with industry partners to submit a comment letter to the Department of Labor (DOL) on the proposed withdrawal of the Independent Contractor Status rule under the Fair Labor Standards Act (FLSA). The rule was published on January 7, 2021.
Recent posts by Mike Hedge
1 min read
NAIFA Urges DOL to Move Forward With Rule on Independent Contractor Status
Topics: Federal Advocacy DOL Insurance & Financial Advisor Regulation Producer Employment
3 min read
NAIFA Advocacy Helped Shape DOL Rule on Independent Contractors
The U.S. Department of Labor (DOL) announced today a final rule clarifying the standard for employee- versus independent contractor-status under the Fair Labor Standards Act (FLSA). NAIFA has worked closely with DOL to ensure an equitable rule that considers the needs of the insurance industry. NAIFA submitted comments on DOL’s rulemaking on October 26, 2020.
