October 12, 2016
The Arkansas Insurance Department has announced recent statewide insurance fraud convictions that stipulate fines and restitution. They are: Frederick Randle, 46 of England, pleaded guilty in Pulaski County Circuit Court on October 10 to one count of felony insurance fraud …
September 29, 2016
A Little Rock, Arkansas, woman has been sentenced to a three-year prison sentence after being convicted of felony insurance fraud in a case involving a reported car accident involving a U-Haul rental vehicle. The Arkansas Insurance Department says that two …
September 27, 2016
The Arkansas Insurance Department announced that two companies have been approved to begin offering insurance products in the state. Arkansas Insurance Commissioner Allen Kerr has granted authority to Motorists Life Insurance Co. (MLIC) of Columbus, Ohio, to write life, accident …
July 18, 2016
Arkansas Insurance Commissioner Allen Kerr says the Consumer Services Division (CSD) of the Arkansas Insurance Department recovered $1,580,421 for Arkansas insurance customers in the first six months of 2016. The amounts recovered for Arkansas consumers by CSD are in excess …
June 1, 2016
The Arkansas Insurance Department announced that two guilty pleas have been secured in relation to property theft and insurance fraud charges. The cases were handled by AID’s Criminal Investigation Division On May 17, Courtney Lawrence of Malvern pleaded guilty in …
May 25, 2016
Arkansas Insurance Commissioner Allen Kerr says he expects to deny several recent requests by insurers to raise rates on individual on-exchange health insurance policies by more than 10 percent for 2017. Under the Affordable Care Act, requests for rate increases …
April 25, 2016
Atlantic Coast Life Insurance Company (ACL) has been approved to do business in Arkansas, the state insurance department announced. ACL, a South Carolina domestic insurer since 1925, currently offers a variety of life, preneed and limited benefit accident and health …
April 14, 2016
A Little Rock, Ark., man received a 30-month sentence for auto insurance fraud following a negotiated guilty plea, the Arkansas Insurance Department reported. Tyus West, 28, entered a plea of guilty to one count of insurance fraud for making false …
March 28, 2016
Insurance Commissioner Allen Kerr has issued a cease and desist order against Health Plan Intermediaries Holdings LLC., dba Health Insurance Innovations (HII), a Tampa, Florida-based company, alleging the company has used fraudulent and dishonest practices in attempting to sell short-term …
February 23, 2016
An Arkansas insurance agent has been charged with fraud and ordered to pay $127,748.06 in restitution. The Arkansas Insurance Department revoked the resident producer’s license of Samuel Bowron Phillips of Fort Smith following a Jan. 26 hearing over an October …