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Insurance claims adjusters are not entitled to overtime pay, according to an opinion letter by the U.S. Department of Labor that may have major impact on the glut of wage-and-hour class actions in the courts. The damages in these cases can be huge, such as 2001's $90 million verdict against Farmers Insurance. While not legally binding, the opinion letter will likely have an effect on pending and future litigation, say attorneys.
November 21, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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