Weblog for Adams Insurance

Contractors have been seeing their modifiers rise regardless of good loss history due to the relative experience in Texas.  Texas contractors are working safer and having fewer claims overall.  This lowers the expected claims and can increase your modifier even though you have not had any accidents.    Read more

Some of the most hotly anticipated Obamacare regulations were released last week: the rules relating to the Summary of Benefits and Coverage and Uniform Glossary requirements.  These rules are especially important to self-funded or self-insured plans because they will have the responsibility for preparing the materials that comply with the regulations.  For fully insured plans, the paperwork will be the responsibility of the insurance carrier.

United Healthcare has issued a summary of some of the key changes made in the final rule compared to those released last August:  Read more

Here is ENR's 2011 Best Projects.  We note with special pride and congratulations that one of our insureds is among the winners: Fretz Construction for St. Mary's Catholic Church Expansion and Upgrade.  Read more

If you are an avid reader of the Dec Page, you are aware of the impending Medical Loss Ratio (MLR) rules requiring that health insurance carriers spend at least 80% (for small groups and individuals) or 85% (for large groups) on claims and limiting their overhead costs to no more than 20% or 15% of their revenue.  Read more

Rafael Casados was placed as general laborer for Port Elevator in Brownsville.  Mr. Casados worked for StaffForce, Inc. a temporary staffing agency.  Three days into his stint with Port Elevator he was killed while working in a grain elevator.  Both Port Elevator and StaffForce has workers compensation insurance.  Mr. Casados' position as a temporary worker is not unusual and is common place throughout Texas, especially in construction.  Read more

NY Times magazine tells a wonderful story about a boy and his dog:

“The moment he walked in the house with Chancer, I knew something had changed,” Harvey says. “I could feel it instantly, the magnetism between Iyal and the dog. . . . Chancer was an emotional and physical anchor for a kid who was pretty lost in the world.”  Read more

February 3rd marks the 99th birthday of the Sixteenth Amendment, authorizing the federal income tax.  I doubt it any birthday cards will be sent, but it will certainly be collecting a lot of money. 

Is this really a surprise?  Weren't GenXers (BTW, this includes me) the "slacker" generation?  Risk and Insurance has the report:  Read more

Hunters in Texas are no strangers to feral hogs.  They are an extreme nuisance to farmers and ranchers alike tearing up fields and fences.  They also multiply like rabbits.  This has led to the creation of some "interesting" hunting possibilities in Texas rural areas.    Read more