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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


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


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


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


Landlord risk management: 5 tips to avoid rental property lawsuits

August 15 , 2017

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Rental property owners must manage a host of risks to protect their investment. It can seem like juggling a handful of ticking time bombs. From tenant lawsuits to property damage to potentially costly environmental claims, there are plenty of hazards that can put your business and personal assets at risk.

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Tags: Risk Management


Oilfield contract risk management: Texas anti-indemnity laws

July 05 , 2017

Oilfield contract risk management

In the first part of this contract review series, we discussed the state-specific anti-indemnity laws affecting Texas construction contracts. As we explained, the Lone Star State has specific anti-indemnity laws for the commercial construction, oilfield and common 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


Eight ways to influence workplace safety attitudes

June 07 , 2017

Workplace safety attitudes

Every business owner knows that a safe work environment is the best defense against workplace injuries, costly workers’ compensation claims and higher insurance premiums. But creating a culture of safety in your organization is about more than eliminating hazards and implementing policies and procedures. It’s about changing attitudes.

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Tags: Risk Management


OSHA signals intention to delay electronic reporting

June 06 , 2017

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The Occupational Safety and Health Administration’s (OSHA) electronic reporting rule requires certain establishments to report information electronically from their OSHA Forms 300, 300A and 301. The rule also requires OSHA to create a website that can be used to submit the required information. Under the rule, the first reports are due by July 1, 2017.

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Tags: Risk Management


Could your business survive an extreme weather event?

May 10 , 2017

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When the skies darkened over Texas on April 29, no one could have predicted that a rare, deadly EF4 tornado would come barreling across the plains. But that’s exactly what folks in the Canton area were hit with. At least four were killed, dozens were injured and damage was extensive.

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Tags: Risk Management


Construction contract risk management: Texas anti-indemnity laws

April 04 , 2017

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Reading and interpreting contracts can be frustrating, but it’s important to understand how each contract your company signs affects your company’s risk and insurance coverage. The industry and state in which you operate could make this process even more frustrating because many states have enacted anti-indemnity laws that limit the amount of risk that can be transferred between parties to a contract, and some are industry-specific. 

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Tags: Risk Management


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