HSA/HDHP Limits Will Increase for 2025 - On May 9, 2024, the IRS released Revenue Procedure 2024-25 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs)...

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Scheduled Versus Blanket Limits for Commercial Property Insurance - Commercial property insurance is an essential form of coverage for any organization. Such a policy can provide much-needed financial protection if an...

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Preparing for the FTC’s Noncompete Ban - On April 23, 2024, the Federal Trade Commission (FTC) voted to issue a final rule that would prohibit employers from entering into or enforcing noncompete clauses with most...

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Key Provisions From the DOL’s Final Overtime Rule for White-collar Employees - The Fair Labor Standards Act (FLSA) requires employers to compensate their employees for all hours employees are “suffered or permitted” to...

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Group Health Plan Fiduciary Litigation on the Rise - Enforcement of the strict standards of fiduciary conduct set forth in the Employee Retirement Income Security Act (ERISA) has traditionally been reserved for...

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FTC Announces Rule Banning Noncompetes - On April 23, 2024, the Federal Trade Commission (FTC) voted to issue a final rule that would ban noncompete agreements in virtually all employment relationships. The final rule...

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DOL Rescinds 2018 Final Rule on Association Health Plans - On April 29, 2024, the U.S. Department of Labor (DOL) released a final rule that rescinds in its entirety a prior 2018 final rule on association health plans (...

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DOL Issues Final Retirement Security Rule and Related Amendments to PTE - On April 23, 2024, the U.S. Department of Labor (DOL) issued a final retirement security rule updating the definition of an investment advice...

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Optional Commercial Property Coverage Offerings Under the BPP - Commercial property insurance provides much-needed financial protection if an organization’s property is directly damaged or destroyed by a covered peril (...

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Mental Health Parity Compliance Remains a Key Focus in 2024 - The federal government is continuing its efforts to improve access to mental health and substance use disorder (MH/SUD) care in 2024, with a top enforcement...

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