Straight From The Source Blog by Higginbotham Insurance

Draft Forms for 2018 ACA Reporting Released

The Internal Revenue Service (IRS) released draft 2018 forms for reporting under Internal Revenue Code (Code) Sections 6055 and 6056:

In the second part of our contract review series, we discussed the anti-indemnity laws affecting Texas contracts pertaining to a "well or mine service." 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 and how geography can affect them before your company signs a contract. Not knowing how laws from different states can affect your existing agreements can result in significant costs—both litigation costs and potentially out-of-pocket claims costs.

In this edition, we explore the specific laws affecting Louisiana oilfield contracts and compare them with the Texas oilfield anti-indemnity laws. But first, be sure you understand the three basic types of indemnity (limited form, intermediate form and broad form) by referencing the first edition of this series for a review.

Collective Investment Trusts — The Fastest Growing Investment Vehicle Within 401(k) Plans

Alex Kahn, Investment Analyst

According to the most recent UBA Health Plan Survey, 49 percent of firms with 200 or more employees offered wellness programs in 2016. Corporate wellness programs have been a mainstay in the workplace for decades now, and there’s no question a successful program can reap benefits such as lower healthcare costs, improved employee health and morale, and lower absenteeism rates.

HSA/HDHP Limits Will Increase for 2019

On May 10, 2018, the IRS released Revenue Procedure 2018-30 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2019.

Let’s imagine you’ve been in a car accident – a very small car accident. It’s so small, in fact, that you’re not even sure you should file a claim with your auto insurer. 

Summer’s here. The long, hot days are great for anyone who wants to spend the day by the pool, but for anyone who has to work, the heat can be uncomfortable. In some cases, it can even be dangerous. Heat-related illness is a serious threat. With a little care, however, employers can keep their workers safe and prevent heat-related workers’ compensation insurance claims.