As the conflict in Ukraine rages on, media outlets continue to report Western businesses pulling out of eastern Europe. Undoubtedly, many businesses will seek insurance coverage for losses flowing from the conflict. After all, is this not what insurance is designed to cover? Sudden, unexpected events that cause significant...
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Take a seat in a crowded coffee shop and try to find a person who is not digitally connected — easier said than done. Today’s consumer is constantly flooded by streams of information that influence behaviors and provide the ability to instantaneously connect and interact with people, brands and...
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Even in today’s world of extreme weather, security breaches and other reasons that seemingly cause insurance rates to skyrocket, it’s easier than many think to reduce your commercial insurance premium. How, you ask? Make your business marketable to insurance carriers. Brokers aren’t controlling the price of your premium. Think of...
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The San Antonio region can breathe a little easier, for now. In a December 2017 letter, the U.S. Environmental Protection Agency (EPA) determined it needed more current air quality data before reaching its final ground-level ozone designation for the area. But what would such a designation mean? How would...
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When and where does leadership start? It begins in childhood and develops throughout a lifetime. One’s values and belief systems form the behaviors they bring to leadership. Their self-esteem and self-image play a huge role in the confidence they project. Business acumen, critical thinking and experience contribute to their...
Is ESG Investing Dead?
Investing in companies that focus on their impact on the environment, on social issues, and on corporate governance (ESG) seems to be the focus of a newer generation of investors. This newer generation seems to care more about how companies are participating in socio-economic and environmental progress, than maximizing...
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This fall finds me teaching Honors College freshmen in an introductory course under the rubric of Energy. Other sections address themes such as Sustainability, Media and even Happiness. The Honors Tutorial I is a required course for all Honors College matriculates. Instructors work with aspiring scholars on how to read,...
assessments in the oil & gas industry
Looking from the outside in, assessments can sometimes feel like a ‘box ticking’ exercise. However, when it comes to industries such as the energy sector, they can literally become a matter of life and death. As with many sectors, energy companies have not been left untouched by the rapid evolution...
Commodity Hedging
For public companies with a Dec. 31, 2018, fiscal year-end, new hedge accounting rules will become effective Jan. 1, 2019. The FASB issued the new hedge accounting guidance Aug. 28, 2017, through Accounting Standards Update (ASU) No. 2017-12. The ASU provided the election to early adopt the new guidance...
On September 9, 2021, the en banc Fifth Circuit Court of Appeals released its decision in the case of Hewitt v. Helix Energy Solutions Group, Inc., in which it considered whether an employee paid a day rate satisfies the “salary basis” requirement for certain overtime exemptions from the federal...