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Straight From The Source Blog


Transportation contract risk management: Texas anti-indemnity laws

October 06 , 2017

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In the first two parts of this contract review series, we discussed the state-specific anti-indemnity laws affecting Texas construction and oilfield contracts. As we explained, the Lone Star State has specific anti-indemnity laws for the commercial construction, oilfield and motor carrier transportation industries. It’s important to understand these laws before your company signs a contract so you can avoid unexpected costs and litigation in the event of a claim.

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Tags: Risk Management


Medicare Part D notices due October 15, 2017

October 02 , 2017

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The deadline to distribute creditable coverage disclosure notices to Medicare-eligible individuals is only a few weeks away. If you have any plan participants eligible for Medicare Part D, you must disclose to those individuals before October 15 each year whether their prescription coverage through your group plan is as comprehensive as the benefits offered under Medicare Part D.

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Tags: Compliance


Workplace flu prevention

September 28 , 2017

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Autumn is here, which means so is flu season. According to the CDC Foundation, between five and 20 percent of the United States population gets sick with the flu every year, and 60 percent of adults who are hospitalized for the flu are between the working ages of 18 and 64. Each year, the flu costs the United States $16.3 billion in lost earnings, and the total economic burden is estimated at $87 billion. Protect your workers and your business by implementing a workplace flu prevention strategy.

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Tags: Health Risk Management


How much life insurance do you need? Use the DIME calculation.

September 21 , 2017

Calculating life insurance

Life insurance isn’t usually a hot topic at social gatherings. After all, nobody really wants to think about death, and we’re all planning to live forever. But…you know what they say about the best laid plans.

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Tags: Individual Life & Health


Hurricane Harvey recovery and workplace safety concerns

September 13 , 2017

Hurricane Harvey Recovery

The storm is over, but the recovery is only beginning. After making landfall in Texas on August 25, Hurricane Harvey caused massive damage both with high winds and with extreme flooding. Texas Governor Greg Abbot expects damage from the storm to cost at least $150 billion. As people try to return to life and work as normal, many potential hazards await them. For companies trying to resume business, it’s important to consider the workplace safety risks that such a major storm creates.

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Tags: Risk Management


HR update: overtime rule, ACA penalties, updated Form I-9 and DOL fiduciary rule delay

September 11 , 2017

Human Resources Compliance Update

Overtime Rule Struck Down

On August 31, 2017, Federal District Court Judge Amos Mazzant overturned the Fair Labor Standards Act (FLSA) final overtime rule that would have doubled the annual salary level to qualify for exemption from overtime pay, raising it from $23,660 to $47,476. Mazzant issued an injunction stopping implementation of the final rule nine months ago, and the Trump administration didn't challenge the decision.

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Tags: Compliance


Investigative steps to take after a slip & fall accident

September 08 , 2017

Slip and fall accident, investigative steps

If your business is open to the public, you have a duty to exercise reasonable care in keeping customers safe. Among other things, exercising reasonable care involves keeping floors and sidewalks dry and free of hazards, using wet floor signs and maintaining good housekeeping.

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Tags: Risk Management


Hurricane Harvey relief for employee benefit plan compliance

September 06 , 2017

Human Resources Compliance Update

DOL and IRS Issue Compliance Guidance for Employee Benefit Plans Impacted by Hurricane Harvey

The U.S. Department of Labor (DOL) announced an update on employee benefit plan compliance for those impacted by Hurricane Harvey. “Our deepest and most immediate concern is for those who are in harm’s way, and for the first responders who will work tirelessly to help those affected,” said U.S. Secretary of Labor Alexander Acosta. “We also realize that employers and employees impacted by Hurricane Harvey will need assistance in dealing with employee benefits issues arising from disruptions in banking and payroll processing.” 

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Tags: Compliance


How car accidents affect your Texas auto insurance rates

August 31 , 2017

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Car insurance is required by Texas law, and it’s also a smart way to protect your assets. Unfortunately, car insurance premiums can be expensive – even if you have a clean driving record. Have you ever wondered what might happen to your car insurance rates if you get into an accident? Find out below.

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Tags: Home & Auto


Know your e-mod factor and how it affects your workers’ comp premiums

August 24 , 2017

e-mod factor & loss control

Businesses today are seeing movement in their experience modification (e-mod) factors. In Texas, there have been changes over the last few years in how modifiers are calculated. Higher modifiers can cost contractors work and affect how underwriters view businesses as a risk.

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Tags: Risk Management, Business Insurance


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