Arkansas News

After Formaldehyde Complaints, FEMA to Test Air Quality in Trailers

Federal agencies will test air quality in trailers housing Gulf Coast hurricane victims, an official said July 20, a day after documents revealed that government lawyers discouraged investigating reports of high formaldehyde levels in them. The Federal Emergency Management Agency …

My New Markets

Nutraceuticals Nuts & Bolts: MarketScout is offering commercial general liability or products on a claims made basis, defense inside the limits. Target risks include accounts with 20 or fewer products, new ventures and importers. Herbals, botanicals, vitamins, minerals, enzymes, and …

Report: N.C. among states with worst traffic, S.C. among best roads

Nearly 52 percent of U.S. urban Interstates are now congested and traffic fatality rates rose slightly, but road surface conditions and bridge conditions improved, according to the Reason Foundation’s latest annual highway performance report. “Gridlock isn’t going away,” said David …

People and Places

Less than six months after being promoted to the job, Joseph J. Beneducci tendered his resignation as CEO of Fireman’s Fund Insurance Co. Chuck Kavitsky, president of Allianz of America and the former Fireman’s Fund chief executive whom Beneducci replaced, …

Ark. 2007 workers’ comp bills include rules for second injuries, coverage waivers

The Arkansas Workers’ Compensation Commission has summarized workers’ compensation acts passed by the 2007, 86th General Assembly: Act 1599: Raises the $75,000 threshold at which the Death and Permanent Disability Trust Fund assumes payments of benefits for injuries resulting in …

My New Markets

Family Entertainment Centers Nuts & Bolts: A program tailored for family fun centers and endorsed by International Association of Amusement Parks and Attractions is available through American Specialty Insurance & Risk Services Inc. Types of coverages include general liability; excess/umbrella; …

Business Moves

Republic, Southern States General Agency Dallas-based Republic Companies Inc. (Republic) acquired Southern States General Agency Inc. (SSGA) from Unitrin Inc., effective July 9. SSGA President Mickey Slaughter and his team joined the Republic organization. SSGA provides specialty commercial and personal …

Neb. Insurer Donating $80K in Ark. in Name of Agencies, Small Business

Omaha, Neb.-based workers’ compensation insurer, FirstComp, is celebrating 10 years of business in Arkansas with some big checks and big thanks to independent agencies and policyholders, the company reported. FirstComp is donating $80,000 to community organizations to recognize three Arkansas …

Makers of 2,4-D Deny Ark. Cotton Growers Crop-damage Claims

Five manufacturers of the herbicide 2,4-D have denied claims made in a suit by a group of 82 cotton growers in northeast Arkansas who say the companies’ products harmed last year’s crop. The lawsuit filed June 1 in the Eastern …

Safeco Announces New Sale Regions, Field Leadership

Seattle-based Safeco has announced it has expanded its sales organization from five to nine regions, and has named executives to lead two of the new territories. “Independent insurance agents have consistently told us they want more personal contact,” said Spencer …