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Year in Review
2006: New Legislation Takes Effect
 One of the hottest insurance topics of 2006 was HB 7, the bill that dismantled the Texas Workers’ Compensation Commission and made major changes to the way workers’ comp is handled in Texas. As we reported in March last year, the most significant of these changes was the introduction of a medical network option, which represented an opportunity to reduce claim costs and, in some cases, obtain a premium discount. By the end of 2006 many workers’ comp carriers, including Service Lloyds, had begun offering the network option.
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Ask Jan
Learn to tell the difference between an employee and an independent contractor.
Dear Jan,
Our agency is just entering the commercial lines arena and my very first prospect already has me confused. The firm says they have both employees and independent contractors, but there doesn’t seem to be any difference in the jobs they perform. [ more ]
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Message from the CEO
2006 was another successful year for Service Group.
After breaking $100 million for the first time in our history last year, the net worth of our companies has now surpassed $123 million, and our assets are in excess of $380 million. This kind of performance would not be possible without constantly expanding and improving our existing programs in order to reach more customers. [ more ]
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