Arkansas News

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Dallas-based global insurance and reinsurance broker, Colemont, added Catherine L. Wall as assistant vice president and associate legal counsel. In this newly created role, Wall will assist in overseeing the company’s overall domestic legal needs, including monitoring and managing litigation …

8 Texas AG, Allied World settle antitrust suit

Company admits no wrongdoing but agrees to pay $2.1 million 8 La.’s governor, commissioner unveil legislative plan Package of bills aimed at increasing competition in insurance market 10 Ark. commissioner tells U.S. Senate regulators have dual role Bowman also explains …

Ark. commissioner: Regulators have dual role

Testifying before the United States Senate Committee on Commerce, Science and Transportation on April 11, Arkansas Insurance Commissioner Julie Benafield Bowman, told lawmakers that insurance regulators have the dual responsibility of ensuring the solvency of insurance companies, and making sure …

Ark. Commissioner Speaks to Senate Committee on State of P/C Industry

Arkansas Insurance Commissioner Julie Benafield Bowman testified before the United States Senate Committee on Commerce, Science and Transportation on April 11 on the overall state of the property/casualty insurance market and its regulatory landscape. Speaking in support of state-based insurance …

Wagoner Named Product Development Manager at Texas General Agency

Texas General Agency Inc., based in San Antonio, has hired Jay Wagoner to serve as its Product Development manager. Prior to joining TGA, Wagoner was executive vice president of Arrowhead General Insurance Agency, managing their Texas operation. Wagoner is a …

State Auto completes purchase of Beacon Insurance Group in Texas

Ohio-based State Automobile Mutual Insurance Co. has completed the purchase of the Beacon Insurance Group of Wichita Falls, Texas. With the acquisition, Texas becomes State Auto’s 29th state of operation, according to a recent company statement. Beacon writes approximately $50 …

Doctors in Ark. stress ATV safety after recent deaths

Three recent deaths in all-terrain vehicle accidents in Arkansas, including a toddler and a teenager, are a reminder that ATV accidents are on the rise, and doctors at Arkansas Children’s Hospital want to see the trend reversed. “Arkansas has had …

My New Markets

BOP, Beauty, Nail Salons Nuts & Bolts: Bass Underwriters has a new admitted program for BOPs targeting a varied selection of risks. The program will entertain such businesses as beauty and nail salons, clothing stores, convenience stores, electronic and video …

People and Places

Dallas-based KMC Insurance Services promoted Warren Lee to vice president of its commercial lines department. Lee focuses on large commercial accounts, specializing in the home building, roofing, real estate development, and oil and gas industries. Lee has been the recipient …

Declarations

Occupancy revoked “We can’t ignore the fact that the health and safety of the people who live there is in danger. … Conditions there are very dire.” — Frank Michel, a spokesman for Houston, Texas, Mayor Bill White, commenting on …