San Francisco, Calif.-based Zenefits has named Issac Vaughn to its executive team as senior vice president of business operations. He reports to Jay Fulcher, chairman and CEO. Vaughn will work with the Zenefits’ customer experience, benefits solutions, business development, legal …
Parker Conrad has surrendered his insurance license for his alleged role in licensing compliance violations that occurred at Zenefits during his tenure as CEO, California Insurance Commissioner Dave Jones announced on Wednesday. It was the conclusion of an enforcement action …
An administrative ruling has upheld Washington Insurance Commissioner Mike Kreidler’s order that California-based Zenefits must charge for its cloud-based human resources and benefits software. In August 2016, Kreidler ordered Zenefits to cease free distribution of the software, arguing that doing …
Silicon Valley business software startup Zenefits and its co-founder Parker Conrad have been fined nearly $1 million by the U.S. Securities and Exchange Commission as part of a settlement over charges that they misled investors. Zenefits will pay a $450,000 …
Zenefits, the software startup that has faced a number of regulatory penalties, said on Thursday it is changing its business to provide software to insurance brokers. This marks the latest attempt by Zenefits to regain its footing after it was …
Zenefits is in trouble with another government regulator. San Francisco, Calif.-based Zenefits FTW Insurance Services violated the Fair Labor Standards Act by misclassifying 743 account executives and sales development representatives in San Francisco, and in Tempe and Scottsdale, Ariz., as …
Some see insurtech as the enemy. Others see it as a sign of things to come. Then there’s EPIC Insurance Brokers & Consultants, which is clearly embracing the insurtech craze while soliciting brokers to join them. San Francisco, Calif.-based EPIC …
The North Carolina Department of Insurance has reached a settlement agreement with YourPeople, Inc., dba Zenefits FTW Insurance Services (Zenefits) resulting in a $104,500 penalty, according to a statement from Insurance Commissioner Mike Causey. Department of Insurance Agent Services Division …
The New York State Department of Financial Services (DFS) has fined YourPeople Inc., doing business as Zenefits FTW Insurance Services, $1.2 million for allowing unlicensed employees to sell insurance and failing to implement adequate compliance controls and employee training, according …
Zenefits is laying off nearly half its staff as the software startup grapples with the fallout of insurance violations that resulted in hefty penalties from state regulators. The company, which offers free human-resources software to manage benefits and payroll while …
