On Sept. 14, 2023, the U.S. Department of Labor (DOL) and the Equal Employment Opportunity Commission (EEOC) announced a formal partnership between the EEOC and the DOL’s Wage and Hour…
The modeled average annual loss (AAL) from natural catastrophes (Nat CATs) globally is now $133 billion, up from $123 billion last year, according to Verisk’s latest Global Modeled Catastrophe Losses…
On Aug. 29, 2023, the Federal Motor Carrier Safety Administration (FMCSA) published a notice of proposed rulemaking (NPRM) for developing a new methodology to determine when a motor carrier is…
Communication in the workplace is key. When it comes to employee benefits, proper communication helps employees recognize the true value of their benefits, which can lead to an appreciation of…
On Aug. 30, 2023, the U.S. Department of Labor (DOL) announced a proposed rule to amend current requirements employees in white collar occupations must satisfy to qualify for an overtime…
Health savings accounts (HSAs) are a popular type of tax-advantaged medical savings account available to individuals enrolled in high deductible health plans (HDHPs). Individuals can use their HSAs to pay…
On Aug. 23, 2023, the IRS issued Revenue Procedure 2023-29 to index the contribution percentage in 2024 for determining the affordability of an employer’s plan under the Affordable Care Act…
When an employee becomes pregnant, experiences a pregnancy-related disability, takes leave due to pregnancy or care and bond with a newborn, they may be entitled to legal protections under the…
Traditional cybersecurity protocols can’t keep up with the rapidly evolving modern workplace environment. The complexity of hybrid work, the rising number of fully remote employees and the dramatic increase in…
Introduction On June 23, 2023, the Internal Revenue Service (IRS) published Notice 2023-37 which provides guidance on how High Deductible Health Plans (HDHPs) can cover COVID-19-related expenses before the minimum…