Under federal and state laws, employers must compensate their employees with 1.5 times their regular rate of pay for any hours of overtime work. However, under these laws, employees who work in an executive, administrative or professional (EAP) capacity are exempt from overtime pay if...
The frequency and severity of natural disasters have continued to pose concerns throughout the commercial property insurance market. The image shows key highlights related to 2024 natural disaster activity. The National Oceanic and Atmospheric Administration reported that through October, 2024, there have been 24 weather and...
By Suzanne D’Amato, Employee Benefits Attorney – Hilb Group National Practice Leader, EB Compliance November 21, 2025 Election Outcomes—Republican Trifecta • President-elect Trump • Senate – R’s have 3-seat majority • House of Representatives – R’s control Pre-election: 214D – 221-R Post-election: 215D-220-R Future of the Filibuster • The filibuster requires 60 votes to overcome...
In 2024, the workers’ compensation insurance segment experienced another year of strong performance, continuing a decade-long profitability trend for insurers. Overall, workers’ compensation insurance has been a bright spot in recent years during an otherwise challenging market across various lines of insurance. New market entrants...
Data is crucial for modern business operations, so a solid data backup and recovery plan is essential. A data backup plan involves creating and storing data copies, while a data recovery plan focuses on restoring lost data to minimize downtime. These plans offer benefits such...
Small businesses in all industries face the potential of lawsuits. These disputes can require substantial money, time and effort, and they can damage a company’s reputation, regardless of the case’s merits or outcome. Considering these ramifications, it is vital for business leaders to take steps...
While most people are aware of the importance of medical malpractice insurance for physicians and specialists, they may not realize that allied healthcare workers (nurses, therapists, etc) need similar protection. Though this insurance may be called by other names, including professional liability insurance or errors and...
Open enrollment is a critical time for employees. It’s when employees make important decisions about their health care, retirement and other benefits that will affect them for the rest of the year. However, confusion about benefits is a wide- spread issue among employees of all...
While the U.S. continues to be a central hub for film production, there is a notable increase in both the number of films produced internationally and U.S. films being shot abroad, reflecting the global nature of the film industry. This trend is driven by factors such...