Recently, the U.S. Department of Labor (DOL) communicated it will issue a proposed overtime rule in May 2023, according to its most recent regulatory agenda. The agency originally planned to publish the
proposed rule in April 2022 but then delayed it until October 2022. This is the second time the DOL has delayed issuing the proposed overtime rule. Even though the proposed rule is now set to be published
in May, it could be delayed again based on the DOL’s previous postponements.
The DSP team is growing! We’re hiring a CSR in our commercial insurance division. Click the link below to learn more.
On Friday Dec. 17, 2021 the 6th Circuit Federal Court of Appeals reinstated the Occupational Safety and Health Administration’s (OSHA) federal emergency temporary standard (ETS) for COVID-19. This Legal Update provides an overview of how this decision affects ETS compliance for private employers with 100 or more employees.
In recent years, the housing market has been chaotic, underscored by rising interest rates, record-low housing stock, and elevated home price tags. This turbulence has significantly increased the demand for housing, whether buying or renting. In a notable development, U.S. home building surged in May 2023, climbing 21.7% from April 2023, as low inventory in the existing home market continued to boost interest in new homes according to CNN. This uptick in residential construction underscores the importance of builder’s risk insurance in ensuring a Secure Building Future.
We’re thrilled to celebrate the work anniversaries and milestones our employees have achieved this quarter. Your dedication and expertise are essential to our success at DSP.