2009 Annual Report - American Association of Petroleum Geologists

epeat of the Alaskan tour of 2007 but
starting in Homer and ending at Prudoe
Bay as a south-north transect of the
geology and economic potential
of Alaska. Limit is approximately
24 participants.
The second tour planned for 2008 is a
seven-and-a-half-day raft trip down the
Grand Canyon with Steve Sonnenberg as
the trip leader. This trip will feature the
geology, ecology, and history of this
scenic wonder. Limit is 28 participants.
Neither of these trips has been approved
by the Executive Committee yet.
I continue to seek more committee
members to enrich our choices of new
trips and who are willing to do the
legwork required.
Terry Britt, Chair
Committee members: Terence L. Britt
(chair), Patrick James Gooding,
and Charles G Mull.
Group Insurance
The function of the Committee on
Group Insurance is to maintain a liaison
with the administrator of the
Association’s group insurance programs,
to audit the administrator’s annual
report, and to supervise management of
dividends that accrue. The Committee
reviews existing programs and requests
new insurance plans to meet changing
needs of the membership.
The GeoCare Insurance Benefits
Program continues to be one of the
most important services provided to the
AAPG membership. All of the individuals
on the committee are highly dedicated
in their efforts to provide the members
with quality insurance programs. They
continue to evaluate and add new
member organizations to the Group
Plan, which helps to maintain
competitive pricing and increases
benefits to the members.
Including the American Association
of Petroleum Geologists, the following
societies are also members of the Group
Program: Society of Petroleum Engineers,
American Association of Professional
Landmen, Association of Environmental
and Engineering Geologists, American
Institute of Professional Geologists,
Council of Petroleum Accountants
Societies, Environmental and Engineering
Geophysical Society, Geological Society
of Washington, Society of Exploration
Geophysicists, and SEPM Society for
Sedimentary Geology.
AGIA Insurance Services of Carpinteria,
California, is the program administrator
1752 Annual Report
through which all claims are filed and
processed. Creekmore Livingston Inc. of
Punta Gorda, Florida, is the broker
liaison for AAPG. New York Life Insurance
Co., Monumental Life Insurance Co., and
Aetna Insurance Co. are the underwriters
for the Group Insurance Plans.
The GeoCare Program now offers
eleven plans for the benefit of our
membership. They are 10-Year Level
Term Life Insurance, Term Life Insurance,
First-to-Die Term Life Insurance,
High-Limit Accident Insurance, Disability
Income, Comprehensive HealthCare,
Health Savings Account Qualified
Insurance, Dental Insurance, Catastrophic
Major Medical, In-Hospital Insurance, and
Cancer Insurance Plans. We also have an
Association-sponsored Medicare
Supplement Plan and Long Term
Care Insurance.
The committee continues to evaluate
new plans and or suggestions that will
be beneficial to the members of the
various organizations represented. The
newest plan of homeowners and
automobile insurance has been
approved and will be underwritten by
Liberty Mutual Insurance.
As of April 30, 2007, GeoCare member
plan Certificates in Force are 10,885 with
a Total Annual Premium of $17,886,176.
With the addition of the SPE Group, the
total Certificates in Force are 14,277 and
a Total Annual Premium of $25,012,037.
Through the first four months of 2007,
nearly 13,000 medical related claims
were processed by AGIA Insurance
Services and over $4,798,000 was paid
to the members enrolled in the medical
group programs.
Complete information on all of the
insurance plans provided can be found
on the AAPG Web site under
Services/GeoCare Insurance or at
www.geocarebenefits.co.
Terry L. Hollrah, Chairman
Committee members: Ted Beaumont,
Nancy Carter, Jane Crouch, Terry Hollrah
(chair), Burt Nelson, Randi Martinsen,
Kay Pitts (vice-chair), and Ron Young.
International
Conference and
Exhibition
The role of the International Conference
and Exhibition Committee (ICE) is to
work closely with the International
Regions Committee and the AAPG
international convention staff to select
the location of the upcoming
international conference.
The committee has a Working and an
Advisory Group. The Working Group is
composed of previous general chairman,
general vice chairman, and technical
program chairman of previous ICE
conventions. The Advisory Group is
composed of the six international Region
presidents, the chairman of the
international Regions and Technical
Advisory Committee and a few additional
key international members with strong
ties to ICE.
The committee also works closely with
AAPG convention staff to ensure that we
have adequate information on hotels,
convention center, host society and
AAPG members on the ground in the
city and country of ICE to offer the
Association membership a great venue
and the type of conference they expect
from AAPG.
During 2007 our main task was to
complete the motion to hold the 2008
ICE meeting in Cape Town in October
2008 and the selection of the host city
for the 2009 Latin America meeting. At
the end of the fiscal year the 2009 short
list of cities was present to the Executive
Committee for review and additional
information will be collected with a
decision to be made by the Executive
Committee in August 2007.
It has been a pleasure serving as the
chairman of ICE for the last two years. I
thank my co-chair Art Donovan from BP
for his work on the committee and I
wish John Brooks and Erik Mason
success in the coming year as the
co-chairs of ICE.
John Hogg, Chair
Committee members: Jeff Aldrich,
Stuart Brown, Art Donovan, (vice-chair),
John Hogg (chair), Jean Jaques Jarrige,
John Kaldi, Terry O’Hare, Henry Pettingill,
Peter Purcell, Robyn Purcell,
Dvorakova Vlastimila, and
Marianne Weaver.
Advisory members: Carlos Jorge Abreu,
Deborah E. Ajakaiye, John Brooks,
Theresa Curry, Herman Darman,
Barry Katz, Dana Patterson Free,
Nahum Schneidermann,
Warren Workman, and Pinar Yilmaz.
Investments
The purpose of the Investments
Committee is to oversee the investment
funds (Operating Fund) of the
Association and its Divisions. The
committee sets investment policies,