News

A federal judge in Texas has delayed implementation of the Department of Labor overtime rule pending the outcome of ongoing litigation. Consequently, the new rule will not take effect today.

The Department of Labor’s new rule on overtime pay will take effect on Dec. 1. Avoid potential legal liability by preparing and staying informed.

Although Donald Trump’s election as the nation’s 45th president dominates the headlines, the Republican Party enjoyed similar successes in many states.

Tuesday was a historic night on many levels, as professional political pundits and the polling industry were rebuked by an electorate that had reached its tipping point with the establishment.

For the first time since the 2008 election, one party will control both chambers of Congress and the White House, with the prospect of major legislation impacting independent agents in the years to come.

Between September and October, average commercial and personal lines insurance rates moderated a percentage point each, to -2% and +1%, respectively.

The Hill, a prominent political newspaper, has once again named Bob Rusbuldt, Big “I” president & CEO, and Charles Symington, Big “I” senior vice president of external and government affairs, among the top trade association lobbyists in Washington, D.C.

The Big “I” has serious concerns with draft legislation that could impact how agents receive compensation for selling flood insurance policies.

Last month, a group of federal agencies issued a proposal that aims to clear up confusion regarding when a lender may accept private flood insurance under federal law.

To help facilitate understanding and make the transition to the new rule as smooth as possible, the DOL has issued a new FAQ document.