Category Archives: Blog Post

Market Trends: Rising Home Insurance Rates

The national average for home insurance is around $2,614 per year for $250,000 in dwelling coverage, according to MoneyGeek. Rates have increased steadily in areas with extreme weather like floods, wildfires, tornadoes or hurricanes. And with inflation driving up the cost of materials and labor, prices have skyrocketed.

DOL Announces Change to Overtime Threshold

According to the DOL, the July 1 increase updates the present annual salary threshold of $684/week ($35,568 annually) based on the methodology used by the prior administration in the 2019 overtime rule update. On Jan. 1, 2025, the rule’s new methodology takes effect, resulting in the additional increase.