Insurance News

  • DOL Updates Regular Rate of Pay Rules December 13, 2019
    Final Rule Clarifies What to Include in the Regular Rate On Dec. 12, 2019, the U.S. Department of Labor (DOL), announced a new final rule that clarifies how to calculate an employee’s regular wage rate under the Fair Labor Standards
  • DOL Issues 2020 Form W-4 December 13, 2019
    Employers Must Begin Using the New Form Jan. 1 On Dec. 5, 2019, the Internal Revenue Service released an updated version of its W 4 form, also known as the “Employee’s Withholding Certificate.”  Employers use IRS
  • Court Halts San Antonio Paid Sick Leave November 27, 2019
    San Antonio’s paid sick leave law will not go into effect Dec. 1 as scheduled as a result of a temporary injunction granted Nov. 22.
  • DOL Proposes Revisions to Fluctuating Workweek Overtime Method November 13, 2019
    Comments on Proposed Rule are Due by Dec. 5 On Nov. 5, 2019, the U.S. Department of Labor (DOL) published a proposed rule to update the “fluctuating workweek” method for calculating employee overtime wages under the Fair Labor Standards Act
  • California Increases Overtime Threshold for Medical and Computer Employee Exemptions November 8, 2019
    New Requirements Take Effect Jan. 1, 2020 The California Department of Industrial Relations (DIR) has published updates to the minimum salary threshold that computer employees, physicians and surgeons must receive in order to qualify for the state’s overtime exemptions. The
  • 2020 QSEHRA Contribution Limit Announced November 7, 2019
    Contribution Limit to Increase in 2020  The IRS has announced that the contribution limit for qualified small employer health reimbursement arrangements (QSEHRAs) will be $5,250 per employee and $10,600 per family in 2020. For 2019, the contribution limit is $5,150
  • 2020 Health FSA Contribution Limit Announced November 7, 2019
    Contribution Limit to Increase $50 in 2020 The IRS has announced that the contribution limit for health flexible spending arrangements (health FSAs) will be $2,750 in 2020. For 2019, the contribution limit is $2,700.
  • IRS Releases 2020 Retirement Contribution Limits November 6, 2019
    The IRS has announced that the amounts employees can contribute to 401(k)s and some IRAs will increase in 2020.
  • HHS Rescinds Health Plan Identifier (HPID) under HIPAA October 29, 2019
    On Oct. 25, 2019, HHS released a final rule that officially withdraws the HPID requirement.
  • Washington's Domestic Violence Poster Is Now Available October 24, 2019
    New Law Took Effect July 28 Last May, Washington adopted a new law requiring employers to display a poster about domestic violence. The poster was published recently by the Washington Employment Security Department (ESD) and it includes instructions employees can follow

PROPERTY & CASUALTY FAQ’s

If a contractor or one of his employees gets hurt while working on my property; can they sue me? If they have workers compensation that would take care of them. If they do not have workers compensation; you could end up in a law suit (if you were liable for why they got hurt). Always ask for a ‘certificate of insurance’ for liability and workers compensation before they work on your house. If you don’t get a certificate you can do your own research on the below website:

https://www.ewccv.com/cvs/?ref=https%3A%2F%2Fwww.google.com

If a neighbor’s tree falls on my car or house due to a storm, does my neighbor’s homeowners fix my car or house? No, it does not. The tree falling over is due to an act of God, not your neighbor’s neglect or them trying to take the tree down themselves and it falling the wrong way. Your comprehensive coverage on your auto policy would cover your auto and your homeowner’s policy would cover your home. Before you think this isn’t fair if your tree fell over in the storm and hit their house or car, it wouldn’t be your fault and you or your insurance wouldn’t be responsible.

If I loan my car to someone, does their insurance pay if they are in an accident? Your insurance pays first and your collision coverage is what covers your car (if you have collision coverage). Their insurance would pick up additional liability if they have higher liability limits than you.