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Straight From The Source Blog by Higginbotham Insurance

Higginbotham

Recent Posts


Which flood insurance is the best option for your business?

April 17 , 2019

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“Everything’s bigger in Texas,” and that certainly applies to flooding. Texas has some of the largest storms in the world, and flooding occurs regularly, with severe and destructive floods occurring somewhere in the state every year.

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Tags: Business Insurance


Five common places to check for water damage before it happens

April 10 , 2019

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Sooner or later, a water source in your home will fail. Water damage is one of the most common home insurance claims, and the average cost of these claims in a year is more than $9,000. Water damage can be avoided, but knowing what signs to look for is important.

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Tags: Home & Auto


April HR News Worth Review

April 08 , 2019

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Federal Court Strikes Down Association Health Plan Rules; DOJ Supports Federal Court Ruling Invalidating the ACA

On Dec. 14, 2018, a federal judge ruled in Texas v. Azar that the entire Affordable Care Act (ACA) is invalid due to the elimination of the individual mandate penalty in 2019. In response, on March 25, 2019, the U.S. Department of Justice (DOJ) filed a letter with the Fifth Circuit Court of Appeals agreeing with the lower court’s ruling. This means that the DOJ believes the lower court’s ruling should stand, and the ACA should be struck down as unconstitutional.

Following the ruling, however, the federal judge issued a stay and partial final judgment in the case. As a result, the ACA will remain in place pending appeal. The Department of Health and Human Services (HHS) also confirmed that it will continue administering and enforcing all aspects of the ACA.

Then, on March 28, 2019, a federal district court invalidated key parts of the Trump administration’s 2018 final rule on association health plans (AHPs). The court directed the Department of Labor (DOL) to consider how the remaining provisions of the final rule are affected by its decision.

In its ruling, the court stated that the final rule was an “end-run” around the ACA and that the DOL exceeded its authority under ERISA. The court specifically struck down two parts of the final rule:

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Tags: Compliance


Non-owned and hired auto exposures

April 03 , 2019

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Your company doesn’t have to own a vehicle to be held legally and financially responsible for any accidents it’s involved in. If your employees are using a car that they own or that is rented, and they cause property damage or injuries, your company could be sued. This is why you need non-owned and hired auto insurance.

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Tags: Business Insurance


When it's time to engage an HR consultant

March 28 , 2019

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What do these three situations have in common?

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Tags: Employee Benefits


EPL Insurance in the #MeToo Era

March 21 , 2019

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Does sexual harassment occur in your company? Don’t dismiss the idea too quickly. According to the 2018 Hiscox Workplace Harassment Study, one in three workers has experienced harassment. And because harassment often goes unreported – 40 percent of respondents said they hadn’t reported the harassment to either the company or the police – managers may be unaware of just how widespread the problem really is.

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Tags: Business Insurance


March HR News Worth Review

March 20 , 2019

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DOL Issues New Proposal on Overtime Rule

On March 7, 2019, the Department of Labor (DOL) issued a proposed rule that would change the salary thresholds for the “white collar” overtime exemptions under the Fair Labor Standards Act (FLSA).

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Tags: Compliance


Understanding contractual liability insurance coverage

March 13 , 2019

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Parties to a contract often rely on their insurance coverage to protect them, and sometimes others, from liabilities they assume in the contract (aka “contractual liability”). Often, the parties aren’t concerned with knowing exactly how their insurance policy will provide this coverage; they just want to know that there will be coverage. Standard form Commercial General Liability (CGL) policies include contractual liability protection, which provides coverage for most liabilities assumed in most contracts. Parties to a contract can increase the likelihood of having contractual liability coverage by requiring the party assuming the liabilities to include the other party as an additional insured; in some contracts both parties are assuming liability and therefore both parties are (or should be) required to include the other party as an additional insured.

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Tags: Risk Management


Do you know what determines your car insurance rate?

March 06 , 2019

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Tags: Home & Auto


How a learning management system can boost your safety training effectiveness

February 28 , 2019

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Tags: Risk Management


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