Monthly Archives: <span>August 2005</span>

Editor’s Note: Without Pardon in Louisiana

The Associated Press reported that the Louisiana Board of Pardons recently decided it won’t consider requests for state pardons of federal convictions even though in the past many of the state’s governors have granted such pardons. The board makes pardon …

Negotiating the Highs and Lows in the Oil and Gas Market

Everything’s negotiable. If that’s not the key operational phrase in the oil and gas sector-both in terms of oil and gas production and insuring that risk-then it comes very close. Contracts rule in the oilfield and the insurance agent who …

Marcus Humphrey

McQueary Henry Bowles Troy LLP (MHBT), based in Dallas, recently named Marcus Humphrey vice president and leader of the firm’s Employee Benefits group. As vice president, Humphrey’s primary responsibilities include performing financial analyses of benefit plans, evaluating the cost effectiveness …

Business Moves

HCSC, BCBS of Okla. An independent hearing examiner, on behalf of the Oklahoma Insurance Department, approved a request by Health Care Services Corporation (HCSC) to merge with Blue Cross and Blue Shield of Oklahoma. HCSC, with nearly 10 million policyholders, …

Drawert Honored with ICT Award as Insurers Celebrate Improvements

Jim Drawert, vice president and chief underwriting officer for The Republic Group, was presented the Raymond Mauk Leadership Award at the Insurance Council of Texas’ 13th Annual Mid-Year Property and Casualty Symposium in Austin. Drawert becomes the eighth recipient of …

The Four C’s of Risk Management for the Oil and Gas Operator

The primary reason lawsuits occur is because the broker/ agent did not fulfill his responsibility of knowing his clients exposures and addressing them properly. In what seems a lifetime of handling risk management and insurance for oil and gas operators …

Oilfield Anti-Indemnity Acts and Their Impact on Insurance Coverage

In the oilfield, operators typically enter into Master Service Agreements with various contractors who supply services and materials needed in connection with the many and varied oilfield operations. The MSAs usually require the contractor to indemnify the operator against any …

Guglielmo Dead at 96 Former Louisiana Insurance Commis-sioner Dudley Anthony Guglielmo Sr., whose government career dated back to the days of Huey Long, has died at the age of 96. The Associated Press and The Advocate reported that Guglielmo died …

Oilfield Safety a Concern as Energy Demands Rise

As worldwide oil consumption and demand spirals upward so to does the stress on U.S. oilfield workers to meet those demands, according to the American Society of Safety Engineers’ (ASSE) Permian Basin Chapter in Midland, Texas. New and inexperienced workers …

News Briefs

Arkansas Conference to Aid Business Leaders The Arkansas Workers Compensa-tion Commission will hold the 18th Annual Workers’ Compen- sation Educational Conference Oct. 12-14 in Little Rock. The AWCC said businesses and their insurance agents are invited to attend the three-day …