Federal Court Strikes Down DOL’s Final Overtime Rule Nationwide

By Caitlin Diaz | January 23, 2025 |
A judge presides over a courtroom, with two individuals seated in the foreground. The scene represents the legal setting for the federal court striking down the Department of Labor’s final overtime rule.

On Nov. 15, 2024, the U.S. District Court for the Eastern District of Texas vacated the Department of Labor’s (DOL) final rule amending the overtime exemption requirements under the Fair Labor Standards Act (FLSA). This ruling reverses the rule’s nationwide salary increases, restoring the pre-July 2024 thresholds. Background The FLSA exempts certain white-collar employees in…

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Boost Your Brain Health

By Caitlin Diaz | January 16, 2025 |
An elderly couple engages in a fun activity together, with the woman smiling and holding a small object while the man looks on. A healthcare worker is seen in the background, contributing to a warm, supportive environment.

About 1 in 10 adults experience worsening memory loss or cognitive decline, according to the U.S. Centers for Disease Control and Prevention. Dementias start with mild memory loss and can lead to an inability to carry on conversations or respond to one’s environment. Improving your brain health can help you stay sharp as you age.…

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Car and Booster Seats Save Lives

By Caitlin Diaz | January 9, 2025 |
A smiling woman interacts with a young child in a car seat, ensuring the child is securely fastened. The image emphasizes the importance of using car and booster seats for safety.

Proper use of car seats, booster seats, and seat belts is crucial to protecting young passengers in the event of an accident. According to the CDC, using the correct car or booster seat can reduce the risk of injury by 71-82%. For children ages 4-8, using a booster seat reduces the risk of serious injury…

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Commercial Auto Woes Persist for U.S. Insurance Industry

By Caitlin Diaz | January 2, 2025 |
A row of commercial vehicles is lined up in the foreground, with a focus on one van in the center, set against a sunset or early morning sky. The scene represents the ongoing challenges faced by the U.S. insurance industry in the commercial auto sector.

The U.S. insurance industry’s struggles with commercial auto insurance show no signs of easing, as first-half 2024 results reveal continued deterioration despite 13 years of consistent quarterly price hikes, according to a new AM Best report. “While U.S. commercial lines have generally performed well, especially in 2022 and 2023, driven by strong underwriting in workers’…

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Commercial P&C Prices Up 5.1% in Q3, Umbrella Leading the Pack

By Caitlin Diaz | December 26, 2024 |
An aerial view of commercial buildings with parking spaces in the foreground, showcasing a modern business complex. The image ties into a discussion on commercial P&C price trends.

Commercial property and casualty insurance premiums rose by an average of 5.1% in Q3 2024, with umbrella pricing showing an uptick amid rate moderation in most other lines, according to the Council of Insurance Agents & Brokers (CIAB). Market conditions for Q3 held steady from the previous quarter, CIAB noted in its latest report, with…

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