Arkansas News

Arkansas Updates Procedures for Insurance Producer Appointment Renewals

Arkansas insurance regulators have published updated procedures for insurers to use in renewing producer appointments for 2011. The Arkansas Insurance Department said by renewing a producer or agency appointment, insurance companies show that “the appointing company has reviewed the producer’s …

Arkansas Earthquakes Decline After Injection Well Closures

The number and strength of earthquakes in central Arkansas have noticeably dropped since the shutdown of two injection wells in the area, although a state researcher says it’s too early to draw any conclusions. “We have definitely noticed a reduction …

Arkansas House Rejects Backseat Belt Bill

The Arkansas House has voted down a bill that would require rear seat passengers in vehicles to wear seat belts. The House voted 57-34 against the bill by Reps. Hank Wilkins, D-Pine Bluff. House members questioned the possible impact the …

Arkansas High Court: Pharmacy Not Liable for Prescription Drug Mix

The Arkansas Supreme Court has upheld a lower court ruling that a pharmacist has no duty to warn a customer about a dangerous mix of prescription medicines or to inquire about physicians who prescribe them, in a case that involved …

Arkansas Legislature Bans Cell Phones in School, Work Zones

The Arkansas Legislature has given final approval to a ban on drivers using hand-held cell phones in school and work zones. The House has approved the legislation on a 52-41 vote. The proposal would exempt the use of hands-free phones …

Arkansas Senate to Take Up Cell Phone While Driving Restrictions

The Senate is looking at banning drivers from using handheld cell phones in school and highway work zones, going a step further than a similar ban that passed the House this week. The Senate is considering a proposal by Sen. …

Year-End Storms Cloud P/C Insurers’ Profit Picture

U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses, but a series of punishing storms across the country in December may have blown away those estimates. That could add …

Top Workers’ Compensation News in 2010

Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial liens including the the workers’ compensation industry in 2010, as they did in 2009. Robert Hartwig, president of the Insurance Information Institute, …

Arkansas Counties Declared Disaster Areas After Storms

Gov. Mike Beebe has declared two Arkansas counties affected by a tornado and severe storms as state disaster areas. Severe weather on Dec. 31 caused three deaths and eight injuries, along with damage to more than 30 homes and businesses …

Test Your 2010 Insurance News IQ: 25 Questions

Are you an insurance news hound? Test your insurance news IQ and find out. The following questions and answers (at bottom of the page– don’t cheat!) were developed based on news stories published by InsuranceJournal.com in 2010. Good luck! 1. …