Weblog for Adams Insurance

Construction Citizen covers the imminent launch of the Construction Career Collaborative or C3.  Basically, C3 is the cooperative effort of GCs and subcontractors to take the steps necessary to build a sustainable workforce for the construction industry.  Read more

New MLR Guidance Revises Rebate Scenario

In new regulations released by the U.S. Department of Health and Human Services (HHS) at the end of 2011, the federal government established new guidelines for how rebates related to medical loss ratio (MLR) results will be handled. Read More

So says the WSJ.  I can tell you one other thing that might contribute to a divorce: sending this article to your wife.  

Insurance Journal has a write-up on 2011 legendary insurance criminals.  Some are hilarious, but some are just down right scary.  Fortunately, crime did not pay for these guys:
  Read more

I screen captured this Google Ad today.  Something tells me that Cruise lines will not be using images like this in the very near future.  This picture evoked romance, excitement, and beauty one week ago.  

Today, it looks like the Captain is about to have a very bad accident.

I had the pleasure of celebrating zero recordable incidents in 2011 with the Craig & Heidt team this morning.  Craig & Heidt is a locally owned and family operated civil contractor and has been a presence in Texas for more than 50 years.  They specialize in earthwork and paving.    Read more

Two posts on Texas Mutual's blog highlight recent verdicts obtained against business owners attempting to hide payroll.  In the first post, the owner of Mastercare Gardens was ordered to pay Texas Mutual $140,038 and a $1000 fine.  He will also have to serve 10 years of deferred adjudication and perform 300 hours of community service.  From 2006 to 2008, the owner concealed payroll through various family operated companies he controlled.    Read more

As reported here, the new Texas law (SB 425) on certificates is causing a lot of confusion among contractors and their insurance agents.  The most common issue arises from contractors that require their subcontractors to specifically list the contractor and/or owner's name on the certificate.  For example, they may want to add "ABC Construction Company, Inc.  Read more

Interesting WSJ article on the growing uses of data analytics.  It's not just for baseball GMs anymore:

Computer systems are now becoming powerful enough, and subtle enough, to help us reduce human biases from our decision-making. And this is a key: They can do it in real-time. Inevitably, that "objective observer" will be a kind of organic, evolving database.  Read more