Latest Alaska Headlines

All the headlines from our Alaska Topic Page, ordered by recency.

Heartland Marketing Group Expands to Okla. and Ark.

Mar 18 2003 // Heartland Marketing Group Inc. is adding multiple standard markets in the states of Oklahoma and Arkansas. According to the company, HMG started in Texas and now has over 650 agencies in seven states. Heartland’s...

Ark. Senate Okays Tort Reform Bill

Mar 17 2003 // The National Association of Independent Insurers (NAII) reports the Arkansas Senate has amended and passed a House bill that would reform the state’s civil justice system. “We commend the Arkansas House and...

NAII Says Alaska Study on Use of Credit Scoring is Flawed

Mar 6 2003 // A study commissioned by the Alaska Insurance Division on the use of credit-based insurance scoring did not find a connection between insurance scores and income or ethnicity. Moreover, the report is riddled with...

Alaska Supreme Court to Decide UM/UIM Coverage Limits Case

Feb 27 2003 // The Supreme Court of Alaska will decide whether state law requires that personal auto insurance companies include price terms when offering optional uninsured/underinsured motorist coverage limits. The court will also...

Frankel Co-Conspirator Pleads Guilty in Ark. Court

Feb 21 2003 // Arkansas Insurance Commissioner Mike Pickens announced that a guilty plea to a felony charge of violating the maintenance of home office records law has been entered for Gary Atnip, an alleged co-conspirator with Martin...

Little Rock, Ark. Gets IIAI Greenfield Facility

Feb 11 2003 // Insurance Auto Auctions Inc. , a leading provider of automotive salvage and claims processing services in the U. S., opened a greenfield facility in Scott, Arkansas. This new 20-acre facility located in the Little Rock...

Ark. ‘Young Agent of the Year’ Receives CRM Designation

Feb 4 2003 // Meadors and Adams, an independent insurance agency in Little Rock, Ark., announced that one of the firm’s agents, Robert Lee, has received the designation of Certified Risk Manager (CRM). Certified Risk Managers...

Ark. DOI Credit Directive Captures Insurer Attention

Dec 2 2002 // The National Association of Independent Insurers (NAII) announced that insurers are weighing the ramifications of a directive filed by the Arkansas Department of Insurance that amends the requirements for insurers using...

NAII Reacts to Ark. Directive on Personal Lines Credit Scoring

Nov 28 2002 // Insurers are weighing the ramifications of a directive filed by the Arkansas Department of Insurance that amends the requirements for insurers using credit-based insurance scores for personal lines ratings and...

Ark. Issues Privacy Regulations

Sep 23 2002 // The Arkansas Department of Insurance has issued a rule that establishes standards for developing and protecting customer information, Rule and Regulation 77-Standards for Safeguarding Customer Information. It was drafted...

Alaska Privacy Regulation Does Not Comply with State Law

Sep 20 2002 // A proposed state privacy regulation does not comply with the enabling legislation, and therefore the state Insurance Division does not have authority to adopt the rule, according to the National Association of Independent...

EIGHT INSURERS EXPOSED TO WESTERN FIRE RISKS

Sep 2 2002 // In seven Western fire-prone states, only eight large property and casualty insurers are exposed to 72.9 percent of the home insurance risk, according to a recent analysis by Weiss Ratings Inc. At year-end 2001, eight...

Eight Insurers Exposed to 73 Percent of Homeowners Risk in Western Fire-Prone States

Aug 15 2002 // In seven Western fire-prone states, only eight large property and casualty insurers are exposed to 72.9 percent of the home insurance risk, according to a recent analysis by Weiss Ratings, Inc. At year-end 2001, eight...

NAII Seeks Adjustments to Ark. Scoring Rules

Aug 7 2002 // The National Association of Independent Insurers (NAII) is asking the Arkansas Department of Insurance (DOI) to remove several what its feels are burdensome and costly requirements from its recently released directive on...

Ark. Workers’ Comp Costs Decline

Jun 10 2002 // Arkansas Insurance Commissioner Mike Pickens reported a 4.5 percent loss decrease in the state’s workers’ compensation voluntary insurance market. Workers’ comp costs have declined for eight straight...

Credit-based Score Legislation Dies as Alaska Legislature Adjourns

May 23 2002 // Skirmishing over credit-based insurance scores occupied much of the attention of the 2002 Alaska legislative session that ended last week with legislators failing to come to any agreement on the issue. The Legislature then...

Alaska Committees Consider Two Very Different Scoring Bills

Apr 24 2002 // Two very different bills restricting insurers’ use of credit-based insurance scores are pending in Alaska House and Senate committees with no clear indication as to which is more likely to move. National Association...

Alaska Committee Approves Bill Prohibiting Use of Credit-Based Scores

Mar 5 2002 // An Alaska Senate committee has approved a bill prohibiting insurers from using credit-based insurance scores last week after amending the bill to make it apply to all insurance. Senate Bill 320 previously applied only to...

AK Gets Bill Banning Insurers’ Use of Credit-Based Scores

Feb 14 2002 // Alaska has joined the growing number of states considering legislation to prohibit insurers from using credit-based insurance scores. “This legislation would result in higher insurance premiums for most consumers in...

Med-Mal Cover Available in Ark.

Jan 28 2002 // Arkansas Insurance Commissioner Mike Pickens recently assured Arkansas doctors that medical malpractice insurance is still available in the state. Pickens made the announcement in response to the decision by St. Paul...