Arkansas News

Harleysville Insurance Opens New Office in North Carolina

Harleysville Insurance recently further expanded its field sales and underwriting presence in the Southeast with the opening of a new office in Charlotte, N.C. Clinton Bothwell, regional president for the Southeast operation said his organization’s flexibility allows it to more …

Ark. Reminds Insurers not to Penalize Armed Services Personnel

The Arkansas Insurance Department issued a directive to property and casualty carriers issuing policies containing “occupancy” requirements in their underwriting standards that could adversely impact insurance coverage for members of the armed services who are deployed outside of the state. …

Farmers Acquires Right to Use Subordinated Notes for Severe Cat Losses

Farmers Insurance Group has entered into a committed capital facility providing the company the right to issue $500 million of regulatory capital to cover catastrophic losses over the next five years in the United States. The committed capital is a …

Arkansas Promotes Worker Health Coverage Plan

Employees of small businesses in Arkansas who have had to go without health insurance will be able to get basic coverage under a new plan underwritten by the state and federal government. As many as 50,000 Arkansans could benefit, officials …

Kan: Flooding, Blizzards, Tornadoes Cause Millions of Dollars in Damage

The first half of 2007 has been one to forget for many Kansans as blizzards, deadly tornadoes and now flooding have caused millions of dollars in damage, disrupted lives and put a dent in the state’s economy. Of the state’s …

Republic Companies Acquires Southern States General Agency

Dallas-based insurer Republic Companies Inc. (Republic) announced that it has acquired Southern States General Agency Inc. (SSGA) from Unitrin Inc. The acquisition was effective July 9. SSGA President Mickey Slaughter and his team joined the Republic organization. SSGA provides a …

Preliminary Damage Assessments Continue After Oklahoma Floods

As river levels continued to drop and dry weather prevailed in most parts of Oklahoma on July 8, preliminary damage assessments from recent flooding began coming in. In Miami, one of the hardest-hit areas, City Manager Mike Spurgeon said officials …

AWCC Outlines 2007 Workers’ Compensation Bills

On its Web site, www.awcc.state.ar.us/news.html, the Arkansas Workers’ Compensation Commission summarized workers’ compensation acts passed by the state’s 2007, 86th General Assembly. The full text of each act is available by Act number on the State of Arkansas Legislative Web …

Burns & Wilcox named Broker of the Year by Ark. Agents Group

Burns & Wilcox announced it received the 2007 Broker of the Year award from the Independent Insurance Agents of Arkansas (IIAA) at their 106th annual convention held in early June. Broker of the Year is awarded to a company that …

Ark. Agent Sentenced to Correction Facility for Insurance Fraud

Arkansas Insurance Commissioner Julie Benafield Bowman announced insurance agent Christy Vocque of Saline County has been sentenced to serve 60 days in a regional correction facility for committing insurance fraud. Vocque, the owner of the Vocque Insurance Agency in Bryant, …