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Agent and Broker Mergers & Acquisitions - 3rd Quarter 2024

Mergers and acquisitions among insurance agencies and brokers in the United States and Canada totaled 535 through the first 3 quarters of 2024.

Texas District Court Temporarily Blocks Enforcement of CTA and Reporting Requirements

The Court granted a nationwide preliminary injunction to prohibit the government’s enforcement of the CTA throughout the country. However, as there is no harm in making the filings with FINCEN and as there is some question as to the legal authority of the Court’s nationwide injunction, we suggest reporting companies at least consider proceeding with and finalizing such Beneficial Ownership Information filings prior to January 1, 2025.

Overtime Overruled: Texas Judge Strikes Down DOL’s New Rule

On November 15, 2024, a federal judge in Texas effectively blocked a Department of Labor (DOL) rule that would have made about 4 million more salaried workers eligible for overtime pay.

National Labor Relations Board Overrules Nearly 40 Years of Precedent

On November 8, 2024, the National Labor Relations Board (NLRB) overturned almost 40 years of precedent in its decision, Siren Retail Corp d/b/a Starbucks. This decision overruled Tri-Cast, Inc., 274 NLRB 377 (1985) and reshaped the test utilized in determining the lawfulness of employer communications to employees concerning unionization efforts.

2025 Dollar Limitations on Benefits and Contributions

With the release of Notice 2024-80, the IRS has announced the cost-of-living adjustments for pension plans and other related items for the 2025 tax year.

Fifth Circuit Strikes Down the DOL’s Rule for Tipped Employees

On August 23, 2024, the U.S. Court of Appeals for the Fifth Circuit vacated the U.S. Department of Labor’s “80/20” rule, which involves tipped wages covered by the Fair Labor Standards Act.

FTC Non-Compete Ban Struck Down by Nationwide Injunction

On Tuesday, August 20, 2024, a federal court issued a nationwide injunction against the Federal Trade Commission, precluding it from enforcing its April 23, 2024 final rule purporting to ban non-compete agreements against most employees in the United States.

Healthcare Client Alert - PA's Fair Contracting for Health Care Practitioners Act

On July 17, 2024, Pennsylvania Governor Josh Shapiro signed into law the Fair Contracting for Health Care Practitioners Act, Act 74-2024 (Act), which introduces significant changes to the contractual and employment conditions for certain health care practitioners in the Commonwealth of Pennsylvania. The Act becomes effective on January 1, 2025.

Agent and Broker Mergers & Acquisitions - First Half 2024

Mergers and acquisitions among insurance agencies and brokers in the United States and Canada totaled 300 in the first half of 2024.

BREAKING: Federal Court Partially Blocks FTC’s Non-Compete Rule

Texas court puts FTC's noncompete ban on hold as of July 3, 2024.

FAQs on Employee Benefits: Qualified and Non-Qualified Retirement Plans

Frequently asked questions regarding employee benefits.

Title IX Update: What Schools Need to Know Before August 1, 2024

The U.S. Department of Education recently issued a final rule affecting Title IX regulations, which goes into effect on August 1, 2024.

FTC Announces Final Rule on Non-Competes

On April 23, 2024, the Federal Trade Commission (FTC) released its final rule concerning non-competition agreements, which has broad and sweeping implications.

DOL Finalizes Rule to Increase Salary Threshold for Overtime Eligibility

On April 23, 2024 the Department of Labor (DOL) announced a final rule that will increase the current salary threshold required to be exempt from overtime, effective July 1, 2024.

What to Bring to Your Elder Law Appointment

When meeting with an elder law attorney, it is important to come prepared with relevant information and documentation to make the most of your time. Here is a general checklist of items you should bring to an appointment with an elder law attorney.

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