Latest Arkansas Headlines
All the headlines from our Arkansas Topic Page, ordered by recency.
Arkansas Class Action Suit Against Farmers Union Can Proceed
Jun 7 2010 // The Arkansas Supreme Court has affirmed a lower court order certifying class action status in a case involving an insurer’s depreciation practices in property claims against “actual cash value” homeowners...
Mid-America Business Conditions Index at Highest Level in Four Years
Jun 1 2010 // The May Business Conditions Index for the Mid-America region advanced for a sixth straight month, pointing to a growing economy in the months ahead, according to the May Business Conditions survey of supply managers in the...
Arkansas Supreme Court: Class Action Suit Against Insurer Can Proceed
May 26 2010 // The Arkansas Supreme Court has affirmed a lower court order certifying class action status in a case involving an insurer’s depreciation practices in property claims against “actual cash value” homeowners...
Arkansas Suspends License of Agent Accused of Embezzlement
May 21 2010 // The Arkansas Department of Insurance has suspended the producer and agency licenses of Timothy Walley and the Tim Walley Insurance Agency Inc. of Little Rock for multiple alleged violations, including embezzlement and...
Arkansas Insurance Agent Wins GOP Nomination for Lt. Gov.
May 20 2010 // A Springdale, Ark., insurance agent has won the Republican nomination in Arkansas for lieutenant governor. Mark Darr will face state Sen. Shane Broadway in the fall to take over the No. 2 spot vacated by Bill Halter,...
Arkansas Church Awarded $43.6M in Unlicensed Insurance Case
May 17 2010 // A federal jury has awarded a Jonesboro, Ark., church $43.6 million in its lawsuit against an insurance group that wasn’t licensed or authorized to sell insurance. Old St. Paul Missionary Baptist Church in West...
Arkansas Official: Flood Insurance Push a ‘Scam’ to Raise Money
May 4 2010 // Recommendations by the Federal Emergency Management Agency for landowners in Trumann, Ark., to purchase flood insurance are nothing more than a scam, a levee district official told a crowd of concerned residents on May...
Arkansas Insurance Department Adds Nicholas, Morris
Apr 26 2010 // Arkansas Insurance Commissioner Jay Bradford has named Lowell Nicholas, D.D.S., as special projects director for the Arkansas Insurance Department and John F. Morris as deputy commissioner/general counsel. Dr. Nicholas...
Arkansas, Oklahoma Record Minor Earthquakes
Apr 12 2010 // The U.S. Geological Survey has recorded another earthquake in central Oklahoma, and an additional one in central Arkansas as well. A 3.2 magnitude earthquake was recorded at 7:42 a.m. April 8 about two miles southwest of...
Oklahoma Raises $65M Selling Data; Customers Include Insurance Cos.
Apr 6 2010 // The state of Oklahoma has collected at least $65 million in the past five years by selling personal information from motor vehicle records, according to newspaper reports. Wellon Poe, the chief legal counsel for the...
Business Moves
Apr 5 2010 // IMA Financial Insurance and risk management services company, IMA Financial Group Inc., has established a contract management practice at its retail insurance brokerage subsidiary, IMA of Texas. The contractual risk...
Arkansas Suspends Lincoln General Insurance Company
Apr 1 2010 // Arkansas regulators have suspended the Certificate of Authority of Lincoln General Insurance Company, domiciled in Pennsylvania, due to the company’s “financially hazardous condition.” In a March 24...
Arkansas Regulators Suspend Agent License of Standridge for Dishonest Practices
Mar 22 2010 // Arkansas Insurance Commissioner Jay Bradford has suspended the resident producer license of Steve Standridge, founder of Steve Standridge Insurance Inc. based in Mount Ida, Ark., for allegations that he falsified...
Arkansas Suspends License of 2 New York-based Insurers
Mar 12 2010 // Arkansas Insurance Commissioner Jay Bradford on March 11 suspended the certificates of authority to conduct insurance business of two New York domiciled property and casualty insurance companies: Centennial Insurance...
Powerful Tornadoes in Arkansas Damage Homes; Injuries Reported
Mar 11 2010 // Three powerful tornadoes touched down in Arkansas on March 10, damaging homes and injuring at least four people, Risk Management Solutions (RMS) has reported. According to National Weather Service, the first of the three...
Ark. Regulators Suspend Agent License of Standridge for Dishonest Practices
Mar 10 2010 // Arkansas’ Insurance Commissioner Jay Bradford has immediately suspended the resident producer license of Steve Standridge, founder of the Steve Standridge Insurance Inc. based in Mount Ida, Ark., for allegations that...
Declarations
Mar 7 2010 // No Truth to the Matter “This statement could not be further from the truth.” —Arkansas Insurance Commissioner Jay Bradford took issue with a company identifying itself as a nationwide provider of innovative...
Insurance Agents Name ‘Blue Dog’ U.S. Rep. Ross of Arkansas Top Legislator
Mar 4 2010 // The Independent Insurance Agents & Brokers of America (the Big “I”) has recognized Rep. Mike Ross (D-Ark.), a former independent insurance agent, as its Legislator of the Year for 2009. The award was...
Arkansas: Company Marketing Fraudulent Insurance Products Must Stop
Feb 24 2010 // Arkansas Insurance Commissioner Jay Bradford has suspended the non-resident business entity producer’s license of Cinergy Health Inc. pending the outcome of an administrative hearing scheduled for March 11, 2010, at...
Missouri Governor: State Must Be Ready for Big Quake
Feb 22 2010 // Most experts believe it’s just a matter of time before another big earthquake strikes along the New Madrid fault line, and Gov. Jay Nixon says Missouri and neighboring states need to be ready. Nixon on Feb. 19...
