franchise News

In 7-Eleven Case, Massachusetts High Court Rules Franchisees Can Be Employees

Franchisees in Massachusetts can be considered employees rather than independent contractors and thus be entitled to the state’s minimum wage, overtime rules and other state worker law protections, the state’s highest court has ruled. The ruling by the Massachusetts Supreme …

Brightway Adds New Franchises in Florida

Jacksonville-based Brightway Insurance announced that it has opened two new franchises in Florida. Arturo Garcia opened Brightway, The Garcia Agency, in Tampa, Fla. And Scott Keit opened Brightway, The Scott Keit Agency, in Port St. Lucie, Fla. In 2020, Brightway …

NLRB’s McDonald’s Ruling Raising Liability Concerns for Franchise Operators

Under Democratic President Barack Obama, the U.S. National Labor Relations Board has been taking a stance on workplace relations that has employers, industry groups and Republican lawmakers voicing alarm. NLRB General Counsel Richard Griffin announced on Tuesday that McDonald’s, not …

K&K Expands Franchised Powersports Dealer Program

K&K Insurance Group, Inc. has enhanced its franchised powersports dealer program to now include coverage for personal transportation machines manufactured by Segway. Package and excess lines of coverage are offered to dealerships who sell approved brands of motorcycle and powersport …

Brooke Corp. Fines Pale Next to Pain Caused by Franchise Scheme

The Securities and Exchange Commission recently charged six executives of Kansas-based Brooke Corp and two of its subsidiaries with hiding critical information from investors and conducting financial fraud, according to a criminal complaint. The SEC says five executives have agreed …

Brooke Insurance Franchise Executives Settle SEC Fraud Charges

Five executives of the failed Kansas-based insurance agency franchise firm Brooke Corp. have agreed to settle charges of financial fraud brought against them by the Securities and Exchange Commission. Charges against a sixth Brooke executive have not been settled. The …

Strate Insurance Becomes Keystone Insurer Partner in Tennessee

Strate Insurance Group Inc. of Morristown has become Keystone Insurers Group’s sixth franchise partner in Tennessee. Strate Insurance Group President Tom Strate and Keystone Tennessee Vice President Doug Dukes announced the new arrangement. Strate Insurance has provided insurance and benefits …

Allstate Looking to Open 50 New Agencies in Florida

Allstate Insurance says it wants to open nearly 50 new agency offices in Florida. About half of those openings will be in north Florida, the company said. “North Florida has shown incredible growth for our agencies,” says Bob Jackson, regional …

Unrest in Captive Insurance World Benefits the GlobalGreen Agency

Ray Spears, Jeff Wilson and Charles Donaldson in 2007 established GlobalGreen Insurance Agency as the brand name for the franchise network of independent agencies developed and operated by St. Louis, Mo.-based Equity One Franchisors. Spears, a former banker, said the …