Insurance agency must pay $1 million for illegal no-poach agreements - HRD America
'New Yorkers deserve fair pay… and their career growth should never be threatened by companies cutting illegal deals'
One of the nation’s largest independent title insurance agencies must pay $1 million after being found guilty of anti-worker practices, according to the Office of the New York State Attorney General (OAG).
Kensington Vanguard National Land Services and its title insurance underwriters entered into illegal no-poach agreements where they would not solicit each other’s employees, General Letitia James, New York State’s attorney general said.
The move reduces competition and therefore negatively impacts wages and opportunities for workers, she said.
“Hard work and experience in any career is supposed to help employees grow and achieve better wages and opportunities,” said James.
“However, when companies illegally collude and make no-poach agreements, they hold workers back. No-poach agreements have become a systemic problem in the title insurance industry and that is why my office has been focused on rooting out this unacceptable practice to protect workers. New Yorkers deserve fair pay for their hard work and experience, and their career growth should never be threatened by companies cutting illegal deals with competitors.”
In Canada, the amendments to the Competition Act criminalizing non-affiliated employers for entering into wage-fixing or no-poaching agreements took effect on June 23.
Fines for no-poach agreements
Kensington’s underwriters’ direct agents...
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