Data obtained by BuzzFeed News shows the extent to which the company apparently flouted the state’s insurance law.
In Washington state, where Zenefits is currently under regulatory scrutiny, 83% of the insurance policies sold or serviced by the company through August 2015 were peddled by employees without necessary state licenses, according to data obtained through a public records request. The apparent pattern of unlicensed insurance sales could strain Zenefits’ relationships with major insurance carriers, which demand that only properly licensed brokers sell their policies.