by Dan Leporati | Jan 2, 2020 | Blog
Time is running out for employers to familiarize themselves with new federal rules on overtime pay. Starting January 1, the threshold for who is entitled to overtime pay — and who is not — changes. It’s the first change since 2004. The new rule raises the income...
by Dan Leporati | Dec 26, 2019 | Blog
Workers’ compensation carriers’ ability to retain profitable accounts and maintain market share could be challenged due to declining rates and growing competition in the U.S., according to an A.M. Best report. Rate decreases across the United States have...
by Dan Leporati | Dec 23, 2019 | Blog
2020 will introduce new minimum wage rates higher than the Federal $7.25 per hour rate. 24 states and the District of Columbia will have changes with the vast majority of those changes taking effect on January 1, 2020. See that attached Compliance Bulletin to get the...
by Dan Leporati | Nov 27, 2019 | Blog
North American commercial insurance buyers will face sizable price increases in 2020, across most lines of insurance, according to insurance broker Willis Towers Watson’s 2020 Insurance Marketplace Realities. While the report finds that capacity is available in...
by Dan Leporati | Oct 25, 2019 | Blog
The Florida Office of Insurance Regulation has disapproved the filing by the rating organization, which is authorized to make rate filings on behalf of workers’ compensation insurance companies in Florida, that proposed a statewide average premium decrease of 5.4%....