Straight From The Source Blog by Higginbotham Insurance

Texas risk management: Charitable Immunity and Liability Act of 1987

December 27 , 2017

Texas charitable immunity act

The Charitable Immunity and Liability Act of 1987 (the Act) was passed to reduce the liability exposure and insurance costs of charitable organizations and their employees and volunteers in order to encourage volunteer services and maximize the resources devoted to delivering these services.

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Tags: Risk Management

Eight hiring tips to help drive down workers comp insurance rates

December 21 , 2017

hiring tips

If you’re like most employers, workers’ compensation insurance is still one of your biggest and costliest headaches. And the only way to control workers’ compensation costs is by aggressively attacking them at every opportunity. “The best defense is a good offense,” as the saying goes.

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Tags: Business Insurance

Employee benefits – how to promote financial wellness in the workplace

December 18 , 2017

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Money is a leading cause of stress, and for good reason. Many Americans are saddled with student loan and credit card debt. According to the U.S. Government Accountability Office, almost one-third of households age 55 or older have no retirement savings at all. Employees who are worried about money may become distracted, sleep-deprived and even sick – not good for their productivity levels. They may also consider quitting in search of a better financial situation.

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Tags: Corporate Wellness, Employee Benefits

December HR News Worth Review

December 08 , 2017


Update on Overtime Rule

Last May, the Department of Labor (DOL) announced a new rule that would affect who qualifies for overtime. Since then, the rule has been blocked and is currently being appealed by the DOL.

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Tags: Compliance

Prevent drunk driving during the holidays

December 06 , 2017

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The holidays are here. It’s a time for family, friends and good cheer – not drunk driving. Unfortunately, accidents caused by drunk drivers tend to rise around times of celebration. Keep yourself and the ones you care about safe at this season’s holiday parties with these tips for hosts and guests to help prevent drunk driving. 

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Tags: Home & Auto

How cyber insurance works

November 30 , 2017

how cyber insurance works

Strengths. Weaknesses. Opportunities. Threats. As you plan for 2018, you may be conducting a formal or informal SWOT analysis for your business. When you get to the “Threat” category, make sure to add cyber risk to your list.

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Tags: Risk Management, Business Insurance

Holiday home fire prevention tips

November 21 , 2017

holiday home fire prevention

There’s nothing like a crackling fire to keep you warm during the holidays – as long as that fire stays in the fireplace. In 2016, a home fire was reported to a U.S. fire department every 90 seconds, according to the National Fire Protection Association. The holiday season can bring extra fire risks.

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Tags: Home & Auto

Common commercial vehicle accidents and how to prevent them

November 17 , 2017

Preventing commercial vehicle accidents

If your workers use vehicles for business purposes, the risk of a commercial vehicle accident is real. According to the Federal Motor Carrier Safety Administration (FMCSA), 4,311 large trucks and buses were involved in fatal crashes in 2015, representing an increase of 8 percent compared to the previous year. The same year, 415,000 crashes involving large trucks were reported to the police. Commercial vehicle accidents can result in significant loss, and accident prevention is in everyone’s best interest.

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Tags: Risk Management

IRS issues guidance on forthcoming potential employer mandate penalties

November 16 , 2017


Earlier this month, the Internal Revenue Service (IRS) updated its Questions and Answers (Q&As) on the employer shared responsibility rules under the Affordable Care Act (ACA) to include information on enforcement. Specifically, these Q&As provide guidance on:

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Tags: Compliance

Long-term care awareness: The other reason to celebrate November

November 09 , 2017

long-term care awareness

What do people celebrate during the month of November? You're thinking turkeys, aren't you?

Of course, there's a lot to be said for Thanksgiving. The food is superb, and it's a beautiful time of year. It’s also a holiday about family, which brings us to the other reason to love November.

Welcome to long-term care awareness month: A time to think of your family's future, and your own.

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Tags: Employee Benefits, Individual Life & Health