Insurer Group Seeks Adjuster OT Exemption
Washington
The Property Casualty Insurers Association of America is pushing for an overtime exemption for claims adjusters.
To achieve this, PCI is urging Congress to back the U.S. Labor Departments efforts to modernize regulations on overtime pay for white collar workers.
"Current regulations are vague, confusing and severely outdated, and it is critical that [the Department of Labor] be allowed to move forward with the process to modernize the rules," said Carl Parks, senior vice president of federal government relations with the Des Plaines, Ill.-based PCI.
Under proposed rules published by DOL last year, claims adjusters would be more clearly defined in a way that makes them exempt from the overtime rule.
In testimony last week before a Senate Appropriations subcommittee, Labor Secretary Elaine L. Chao said DOLs proposed new rules will strengthen overtime protections for millions of low-wage and middle-income workers. She promised that DOL will vigorously enforce the law to "prevent unscrupulous employers from playing games with workers overtime pay."
Reproduced from National Underwriter Property & Casualty/Risk & Benefits Management Edition, January 23, 2004. Copyright 2004 by The National Underwriter Company in the serial publication. All rights reserved.Copyright in this article as an independent work may be held by the author.
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