E-Verify: Not Time to Panic…Yet


IBTX strives to keep our clients abreast of major changes that may affect their businesses. Some of you may have received an advertisement (cleverly disguised as a fact) that states all Texas employers are now required to begin using E-Verify for all employees. I have to admit, it looks real, but I can assure you that this is NOT the case.

Governor Rick Perry has signed an Executive Order which makes it mandatory for STATE AGENCIES to begin using E-Verify. Private employers still have a choice whether or not to begin using the system.

OSHA Revised Reporting Rule for Worker Injuries


IBTX strives to keep our clients abreast of major changes that may affect their businesses. The U.S. Occupational Safety and Health Administration (OSHA) has issued a final rule requiring employers to notify OSHA when an employee is killed on the job or suffers a work-related hospitalization, amputation or loss of an eye.

Under the revised severe injury rule, employers will be required to notify OSHA of work-related fatalities within 8 hours, and work-related in-patient hospitalizations, amputations or losses of an eye within 24 hours.

The Final Countdown, Complying with ACA Mandates


As we countdown to the end of 2014, the Obama administration has not yet revealed if there will be any delays to the implementation of the Affordable Care Act (ACA) for employers with 100+ employees. Currently, all the medical insurance carriers in Texas are jockeying for the uninsured businesses with baited breath. Although they may have solutions, the cost may be more than some construction employers will be able to absorb and still remain competitive.

Helping New Managers and Supervisors Succeed


Just when the caterpillar thought the world was ending, he turned into a butterfly – Proverb.

The Major Impact of Proposed EMR Changes


Everyone who is involved with Workers Compensation Insurance is very familiar with the Experience Modification Rate (EMR). This article is to advise you about some possible changes that will be made to the EMRs, and how these changes could financially impact your company. For those of you in the construction industry it may even impact your ability to bid on new work.

Affordable Care Act (ACA) Updates


By: Cindy Brenke, Risk Advisor – Employee Benefits

As the 2014 implementation of the Affordable Care Act is upon us in full force, how familiar are you with some of the recent changes to the legislation?

Our goal at IBTX is not only to keep our employers and employees informed of these changes but also to educate. Below are some of the recent changes for the Affordable Care Act (ACA).

Federal Government Announces another Delay for Employee Mandate


On Feb. 10, 2014, the Treasury Department, in regulations outlining the Affordable Care Act, announced another delay to the employer health care mandate. Companies employing between 50 and 99 full-time workers will now have to comply with the mandate to offer employees affordable health insurance in 2016, a delay of an additional year.

OSHA Toughens Temporary Worker Safety Stance


An initiative to help protect temporary workers from workplace hazards was announced Monday by the U.S. Department of Labor’s Occupational Safety and Health Administration. The agency said it’s taking action after reports of temporary workers suffering fatal injuries.

IBTX Perpetuation Planning: The Seven Step Exit Planning Process


There are many tools available to help individuals get into business, but few that help them get out. The Exit Planning Process is a customized comprehensive approach to designing and implementing a business owner’s successful exit from his or her business. Exit Planning uses an owner’s unique personal objectives to convert his or her current reality into the desired outcome. The Exit Planning Process helps maximize the financial return, minimize tax liability, plan for contingencies and increase the likelihood of a successful transfer of the business.

DOL Audits are a Reality


For at least two years, there has been speculation in the insurance industry that the U.S. Department of Labor (DOL) would be increasing audits of all size business for Employee Retirement Income Security Act (ERISA) compliance.

In January, the DOL began sending audit letters to businesses in Texas. In addition to sending the audit letters, DOL auditors also began conducting in-person audits at selected businesses. Apparently, the DOL is looking for compliance in several areas, including:

  • Organization charts of the company, including all subsidiary companies