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Oil Insurance Limited (OIL) is a Bermuda–based mutual insurance company. It was founded in 1972 by 16 oil companies. It was founded in 1972 by 16 oil companies. Founding shareholders
Underwriters Reinsurance Company, sold to Swiss Re American Holding Corporation in 2000; IDS Property Casualty Insurance Company, sold to American Express in 1984; The Shelby Insurance Company, sold to The Associated Group in 1991; Stranded Oil Resources Corporation, an oil exploration and production company, sold to Laredo Oil at the end of ...
Biglari Holdings Inc. is an American holding company headquartered in San Antonio, Texas, founded by entrepreneur Sardar Biglari. Its subsidiaries include Steak 'n Shake, Maxim magazine, First Guard Insurance, Southern Pioneer Insurance, Southern Oil, Abraxas Petroleum and Western Sizzlin'.
In January 2000, Mark E. Watson III, a board member since 1999, became President and CEO. [7] The company moved its corporate office to San Antonio, Texas, in 2001.. The firm acquired Front Royal, Inc. [8] (along with its subsidiaries Colony and Rockwood), an insurance holding company headquartered in Morrisville, North Carolina, for $165 million in cash. [9]
Another California bill would allow insurers to sue oil companies to recover their losses from wildfires. Other bills introduced in the California Legislature would provide tax-free grants to ...
Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [ 2 ]
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