TXOGA announces new president of TXOGA insurance agency [Odessa American, Texas]

Odessa American (TX)

Jan. 12—AUSTIN — The Texas Oil and Gas Association (TXOGA) has announced the naming of Neal Carlton as President of the TXOGA Insurance Agency. Carlton most recently served as Vice President of Membership and Corporate Secretary at TXOGA for more than seven years. As President of the Agency, he will oversee the TXOGA Workers' Compensation Safety Group.

"The oil and natural gas industry makes safety in the workplace a high priority," Todd Staples, Chairman of the Board of the Agency and President of TXOGA, said in a news release. "Neal's character and integrity make him a great fit to lead the Agency forward in working with our member companies who participate in the Safety Group, and his leadership will be a real asset."

"I am pleased to continue working to ensure TXOGA members and others in our industry have the insurance tools to protect their companies and employees," Carlton, president of TXOGA Insurance Agency, said.

Carlton is a fifth-generation Texan and proud graduate of Texas Tech University where he earned a bachelor's degree in economics. He also attended Georgetown University, where he completed a certificate in financial planning. Prior to his stint with TXOGA, Carlton was Coordinator for State and Federal Relations at the Texas Department of Agriculture and spent several years in Washington, D.C., working on Capitol Hill and serving in President George W. Bush's administration with the U.S. Department of the Treasury. Carlton is an Eagle Scout and serves as a Board Fellow on the Texas Parks and Wildlife Foundation Board of Trustees. He lives in Georgetown, Texas, with his wife and two young daughters.

The TXOGA Workers' Compensation Safety Group is for large and small Texas oil and gas companies. Texas Mutual Insurance Company underwrites the policies in the group and the TXOGA Insurance Agency administers and markets the group. Eligible Texas oil and gas companies receive a premium discount and have the potential to earn Texas Mutual safety group dividends, in addition to individual policyholder dividends. Since 2001, members of the group have received $40,601,535 in safety group dividends and $354,693,723 in individual policyholder dividends. Dividends are based on performance, are not guaranteed and must comply with Texas Department of Insurance regulations. For more information, visit txogainsurance.com.

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