Why are my insurance rates going up?

Why are my insurance rates going up?

To say the property insurance market in Florida is dramatically changing would be an understatement. There are new underwriting guidelines coming out on a regular basis, carriers dropping policies by the thousands, storms wreaking havoc on rates, litigation issues,...
Homeowners Insurance and the Rising Cost of Building Materials

Homeowners Insurance and the Rising Cost of Building Materials

Recent findings from the National Association of Home Builders (NAHB) confirmed that household construction costs have surged over the past year. This rise in construction costs is directly tied to soaring building material expenses—namely, the price of lumber....
Making Sense of New CDC Guidelines

Making Sense of New CDC Guidelines

CDC Says Masks Are No Longer Required in Most Settings for Fully Vaccinated Individuals The Centers for Disease Control and Prevention (CDC) has released new guidance for people who have been fully vaccinated for COVID-19. This long-awaited guidance loosens the CDC’s...
Internship Programs Under The Fair Labor Standards Act

Internship Programs Under The Fair Labor Standards Act

The facts below provide general information to help determine whether interns and students working for “for-profit” employers are entitled to minimum wages and overtime pay under the Fair Labor Standards Act (FLSA).1 Background The FLSA requires “for-profit” employers...
FEMA Unveils Changes to the National Flood Insurance Program

FEMA Unveils Changes to the National Flood Insurance Program

The Federal Emergency Management Agency (FEMA) announced that it will be updating the National Flood Insurance Program (NFIP) pricing methodology through a new risk rating system. According to FEMA, this system—which is being referred to as “Risk Rating 2.0”—will...