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 …
In what seems a lifetime of handling risk management and insurance for oil and gas operators (well, I guess it is a lifetime if you are under thirty-five years of age), I have come to the realization that the functions …
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 …
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 …
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 …
Insurance agent Dorsey R. Ash of the Ash Insurance Agency Inc. in Bridgeport, W.V. has pled guilty to one count of embezzlement, a felony; and one count of conducting a fraudulent scheme, also a felony, according to an announcement by …
Patience D. Minor of Columbus, Ga., is being held without bond in Muscogee County Jail charged with 11 counts of insurance fraud. The Georgia Insurance Commission conducted an investigation and alleged that Minor filed bogus claims totaling $8,300 on her …
Three people who were involved in an insurance scam that targeted elderly Southwest Florida residents were sentenced and told to repay their victims $1.5 million. Three South Florida cousins, Brian Shechtman, Dean Shechtman and Brad Shechtman, were sentenced to prison …
A grand jury in Greensboro, N.C., has indicted Steven E. Edwards on 21 counts of fraud, money laundering, tax evasion and stealing $3.8 million earmarked for health and workers’ compensation insurance from three employee-leasing businesses. According to a news release …
