Arkansas News

Declarations

Taking additional steps “With online banking, bill paying, and shopping increasing exponentially each year, we must take additional steps to protect our identities, provide help to those who have become victims, and make sure those who are committing the crimes …

Business Moves

Watkins Insurance Group, AIC-Sun Belt Watkins Insurance Group, based in Austin, Texas, purchased local insurance agency AIC-Sun Belt Group Inc. for an undisclosed amount. All current employees of AIC-Sun Belt, including principals, will be retained. With the addition of AIC-Sun …

It Figures

122 The number of levees nationwide that are at risk for failing, according to the Army Corps of Engineers. Twenty-seven states, the District of Columbia and Puerto Rico had threatened levees, but only two had more than a handful. California …

People

Privately owned insurance and risk management firm, McQueary Henry Bowles Troy L.L.P., has named Mike Rutledge a partner. Rutledge is a vice president in MHBT’s Fort Worth, Texas, office. Rutledge’s career in the insurance field spans 30 years. Prior to …

Business Moves

Aon, Footman James Chicago-based Aon Corp. completed the acquisition of Footman James from Alchemy Partners Ltd. based in Guernsey. Terms of the transaction were not disclosed. The transaction will have no effect on existing policies, and client service will continue …

Top 10 tornado cities

The violent thunderstorms in Central Florida in early February, spawned powerful tornadoes that killed at least 20 people is a deadly reminder of the constant threat insurers face against tornado exposures. Tornado-related losses account for 24.5 percent of insured catastrophe …

Ark. Court of Appeals Sides with Truck Driver in Workers’ Comp Case

A delivery truck driver injured on his route is entitled to disability benefits, the Arkansas Court of Appeals ruled on Feb. 6, 2007, overturning a state workers’ compensation commission decision. An opinion written by Judge Wendell Griffen questioned the commission’s …

Arkansas 9th in Nation in Road Fatality Rate

With nearly 650 traffic fatalities each year, Arkansas has a higher rate of deaths on streets and highways than 41 other states, according to a report released by a national transportation research group. “Getting Home Safely: An Analysis of Highway …

America First, LoJack Offer Recovery Systems to Construction Clients

Dallas-based America First Insurance, a member of Liberty Mutual Group, announced it has teamed with LoJack Corporation, which is making its LoJack for Construction Equipment police-operated vehicle recovery systems available to construction customers to combat what the National Insurance Crime …

Another Suit Filed Against Bayer by Ark. Farmers

The company that developed a genetically altered strain of rice intended to resist a herbicide has been sued again by Arkansas rice farmers claiming negligence and seeking compensation. The genetically altered rice was never approved for human consumption, but it …