Stigler couple face charges
Authorities have revoked a Stigler woman's license to sell insurance, and charged the agent and her husband with crimes including embezzlement of more than $37,000 from insurance companies and $576 from policyholders. Amanda Jean Burgess, 34, operated the Burgess Insurance Agency in Stigler until her license was revoked last month by state Insurance Commissioner John Doak. Burgess faces three felony counts of embezzlement, two felony counts of perjury and three misdemeanor counts of embezzlement. Her husband was charged with one misdemeanor count of obtaining cash or merchandise by bogus check or false pretenses, and one misdemeanor count of issuing security verification without authority.
Unlicensed company fined
The state Insurance Department has fined an unlicensed service warranty company $25,000 for violations of the Unauthorized Insurance Business Act and the Service Warranty Act. Choice Home Warranty was fined for operating without an Oklahoma Insurance Department license. In July 2010, a cease-and-desist order was issued to the company, which has offices in New York and New Jersey, for similar violations of state law.
Buying crop insurance urged
The Department of Agriculture is encouraging producers to purchase crop insurance coverage through the Noninsurable Crop Disaster Assistance Program before some sales close Aug. 31. The program provides financial assistance to producers when natural disasters cause low yields, inventory loss or prevent planting. The following crops have a NAP sales closing date of Aug. 31: alfalfa, all small grain grazing acreages, small grain acreages that will be harvested as forage, small grain inter-seeded in perennial grasses, cool season perennial or mixed grasses intended for grazing and value loss crops such as nurseries. The deadline is Nov. 30 on perennial crops such as pecans or native and improved grasses intended for hay and March 15 for warm season grasses and spring and summer crops. For more information, visit www.fsa.usda.gov/ok.
CHAPARALL ENERGY INC.
Chaparral Energy Inc. saw earnings nearly double in the second quarter as its net income rose to $47.4 million. Chaparral earned $24.9 million in the same period of 2010. The company's second-quarter production was up 7 percent to 2.199 million barrels of oil equivalent.
From staff reports