Uncategorized Archives

08 May DOL issues final rule raising minimum salary threshold for FLSA’s “white collar” exemptions

Posted at 15:11h in Employment Practices Liability Insurance (EPLI), Human Resources, Labor & Employment Law, Uncategorized

By Anita Byer, Setnor Byer Insurance & Risk The Department of Labor issued a final rule that will make it more expensive for employers to keep overtime-exempt employees on the payroll. On April 26, 2024, the DOL published a final rule that increases the minimum salary...

10 Apr Colorado State’s initial forecast predicts more hurricanes in 2024 than ever predicted before

Posted at 15:45h in Homeowners' Insurance, hurricane season, Property Insurance, Uncategorized

By Anita Byer, Setnor Byer Insurance & Risk The forecast team at Colorado State University is predicting an historically active Atlantic hurricane season in their initial 2024 forecast. In fact, the number of hurricanes forecast for 2024 is the most ever predicted by CSU in their...

27 Mar EEOC’s latest performance report highlights risk of employment-related lawsuits

Posted at 12:18h in Employment Practices Liability Insurance (EPLI), Human Resources, Labor & Employment Law, Uncategorized

By Anita Byer, Setnor Byer Insurance & Risk The Equal Employment Opportunity Commission recently released its performance report for fiscal year 2023, which ended September 30, 2023. The EEOC is responsible for enforcing various federal equal employment opportunity laws. According to the EEOC, “the agency’s performance...

17 Jan ACA reporting and filing activity intensifies as deadline approaches

Posted at 17:29h in Affordable Care Act, Group Benefits, Health Insurance, Uncategorized

By Anita Byer, Setnor Byer Insurance & Risk The beginning of the new year means that it is time for Applicable Large Employers to turn their attention to the Affordable Care Act’s annual information reporting requirements. Employers with 50 or more full-time or full-time equivalent employees...

21 Nov Safety tips for Thanksgiving and Black Friday

Posted at 09:45h in Cyber Risk, Personal Insurance, Safety, Uncategorized

By Anita Byer, Setnor Byer Insurance & Risk This week, many will be celebrating Thanksgiving in traditional fashion. By traditional, we mean eating and shopping. With so much time spent planning and preparing, it is easy to forget about the risks associated with these activities. The...

27 Sep Outlook on U.S. homeowners’ insurance market downgraded from stable to negative

Posted at 16:54h in 2023, Homeowners' Insurance, Uncategorized

By Anita Byer, Setnor Byer Insurance & Risk Buying homeowners’ insurance has become a pain in the you know what. It keeps getting harder for homeowners to find adequate and affordable insurance in a market with dwindling coverage options and surging prices. Unfortunately, it is starting...

30 Aug Florida’s new workers’ compensation rules modify employer penalties and exemption procedures

Posted at 10:27h in Uncategorized

By Anita Byer, Setnor Byer Insurance & Risk The Florida Division of Workers’ Compensation recently finalized amendments to various administrative rules, including those governing employer penalties and exemption procedures. The amendments cover various topics, including the number of days to comply with a written request for...

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