FYI: Business
BY LAURIE WINSLOW World Staff Writer
Sunday, August 12, 2012
8/12/12 at 3:11 AM
Insurer to cater to affluent members
Privilege Underwriters Reciprocal Exchange, a policyholder-owned property-casualty insurer that exclusively caters to high-net-worth individuals and families, has announced that it will begin accepting new policyholders in Oklahoma.
PURE offers insurance for individuals and families. As a specialist insurer, the coverage and service is often broader than that offered by standard carriers, according to PURE.
Energy subject of Aug. 27 luncheon and workshop
The Energy Update Luncheon is set for 11:30 a.m. Aug. 27 at the University of Tulsa Allen Chapman Activity Center.
C. Michael Ming, Oklahoma secretary of energy, will be the speaker and will provide an overview of what is going on in the energy industry.
The luncheon is held in conjunction with TU's Energy Recruiters Workshop, set for 1:30 to 4:30 p.m. also on Aug. 27. This workshop is aimed at energy recruiters who come to TU to recruit energy management students and business students minoring in energy.
The workshop will include presentations from the Collins College of Business and the Business Career Center as well as breakout sessions.
A networking session will be held at ONEOK Field, where workshop participants and students will attend a Drillers game.
The registration deadline is Wednesday. To register visit tulsaworld.com/tuenergy or call 918-631-2216 or 918-631-3587. Cost is $30 for the lunch, $10 for the recruiter workshop and $20 for the Drillers event.
Junior Achievement of Oklahoma honored
Junior Achievement of Oklahoma has been awarded the Platinum Summit Award, one of Junior Achievement USA's highest honors.
The award is given to local JA offices that have reached outstanding success in financial health, program quality, management effectiveness and program growth.
JA of Oklahoma, which serves more than 46,000 students, was recognized for this accomplishment recently at the Junior Achievement National Leadership Conference in Grand Rapids, Mich.
Junior Achievement of Oklahoma inspires students by bringing the business world to life inside the classroom through hands-on learning experiences.
Established locally in 1966, JAOK serves students in 69 school districts and 267 schools. Junior Achievement utilizes more than 2,000 members of the community to implement its programs.
Grand opening of Sapulpa dentist office set
A grand opening and ribbon cutting of Complete Cosmetic Care Dentistry will be held at 5:30 p.m. Sept. 6. at 12136 S. Yukon Ave. in Sapulpa near the Glenpool Conference Center.
Complete Cosmetic Care Dentistry is led by partners Dr. Parnam Mohanna and Dr. Dalia Georgy. Mohanna has degrees from the University of Oklahoma College of Dentistry, Las Vegas Institute of Cosmetic Dentistry and the Dawson Academy. He has been in dentistry for more than 22 years, serving as a lab tech, assistant and dentist.
Dr. Georgy is certified in Invisalign as well as the E4D system.
The opening and ribbon cutting will be held in conjunction with the Glenpool Chamber of Commerce. Doors will open at 6 p.m. for viewing. Live music will be provided by architect and blues/jazz Hall of Fame inductee David Skinner.
Acquisition Advisors recognized
Tulsa-based Acquisition Advisors LLC, a merger and acquisitions advisory firm, has been named the U.S. Mid-Size M&A Firm of the Year by a U.K-based publication. Acquisition Advisors consults on the purchase, sale and valuation of small and mid-size U.S. companies. David L. Perkins Jr. is the managing director of the firm.
Acquisition International Magazine is a periodical publication serving the global merger and acquisition industry. It recently released winners of its 2012 Acquisition International M&A Awards.
Tulsa Pipeline Expo slated for Aug. 27-29
Energy transport firms will showcase their products and discuss new technologies during the Tulsa Pipeline Expo, set for Aug. 27-29 at the Hyatt Regency Downtown hotel and the QuikTrip Center at Expo Square.
Technical sessions will focus on industry trends, including pipeline repair materials, above-ground storage tanks and the future of the giant Cushing crude oil hub. C. Michael Ming, Oklahoma's energy secretary, will be the keynote speaker.
Registration for the entire Tulsa Pipeline Expo event costs $199. Events include the conference sessions, trade show, dinner, a golf scramble and a Tulsa Drillers game. Admission to the trade show on Aug. 28 is complimentary when an industry business card is presented at the door. Call 1-877-300-4852 or email info@tulsapipelineexpo.com for additional information.
Several Oklahoma banks listed among the safest
Ten Oklahoma banks have been named to a list of the 359 safest banks in the United States.
Using the Texas Ratio to evaluate more than 7,300 banks in America, InvestingAnswer.com says it has determined which banks are the safest.
The 10 safest banks in Oklahoma include Peoples State Bank in Blair, Farmers & Merchants Bank in Duke, Prime Bank in Edmond, First State Bank in Elmore City, First American Bank in Erick, Farmers and Merchants National Bank of Fairview, First National Bank of Nash, Community National Bank of Okarche, Citizens Bank of Oklahoma in Pawhuska and State Bank of Wynnewood.
The Texas Ratio was developed by banking analyst Gerald Cassidy as a way to predict bank failures during the 1980s recession in Texas. The Texas Ratio is determined by dividing a bank's nonperforming assets by its tangible common equity and loan loss reserves.
The closer the Texas Ratio is to zero, the lower the chance the bank has to fail. All 10 Oklahoma banks included on the list had a score of 0.0.
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