Arkansas has the sixteenth lowest auto insurance rates and the lower rates than any of the states it borders, the state insurance department reports. The Arkansas Insurance Department cited a study by the National Association of Insurance Commissioners (NAIC) that …
Columbus, Ohio-based insurtech company, Root Insurance, has received authorization to sell property/casualty (excluding workers’ compensation) products in Arkansas. Root is a private passenger auto insurance company that began operations in June 2016. Root is wholly owned by IBOD Inc. and …
Arkansas Insurance Commissioner Allen Kerr has granted a Certificate of Authority to a Florida insurer to begin selling residential property insurance products in Arkansas. Gainesville, Fla.-based Tower Hill Signature Insurance Co. (THS) was formed in 2006 and currently writes residential …
Arkansas Insurance Commissioner Allen Kerr has approved two new companies to begin conducting insurance business in his state. Kerr granted a Certificate of Authority to Security First Insurance Co. (SFIC) of Ormond Beach, Fla., to sell property/casualty products in Arkansas …
Arkansas Insurance Commissioner Allen Kerr has granted a Certificate of Authority to Florida-based Homeowners Choice Property & Casualty Insurance Company (HCPC) to offer private flood insurance in Arkansas. In a press release, Kerr said “Arkansas is the first state to …
Arkansas Insurance Commissioner Allen Kerr has granted Certificates of Authority to three out-of-state insurance companies to do business in Arkansas. The Arkansas Insurance Department reported that COPIC Insurance Company of Denver, Colorado, has been approved to sell casualty insurance products …
A Jonesboro, Ark., woman has been sentenced to five years’ probation, court costs and restitution after pleading guilty to her role in a staged automobile accident in 2014 involving a U-Haul rental. Jennifer Haggins, 31, entered a plea of guilty …
An Little Rock woman has negotiated a plea in an insurance fraud case involving a 2015 reported car accident involving a U-Haul rental vehicle and fraudulent insurance claims, Arkansas Insurance Commissioner Allen Kerr announced. According to the Arkansas Insurance Department, …
Arkansas Insurance Commissioner Allen Kerr has been named vice-chairman of the National Association of Insurance Commissioners’ (NAIC) Workers’ Compensation and Examination Oversight Task Forces. The mission of the Workers’ Compensation (C) Task Force is to study the nature and effectiveness …
Arkansas Insurance Commissioner Allen Kerr has been named vice-chairman of the Market Regulation and Consumer Affairs (D) Committee of the National Association of Insurance Commissioners (NAIC). In a statement released by the Arkansas Insurance Department, Kerr said he is “honored …
