Arkansas News

Arkansas’ Jobless Rate Increases to 7.5%

Arkansas’ unemployment rate rose by one-tenth of a percentage point last month to 7.5 percent, the first increase since March. The state Department of Workforce Services says the state’s nonfarm payroll jobs decreased by 3,400 in August. The biggest drop …

Study: Better Levee Would Help Fort Smith Develop

Officials say the northwest corner of Fort Smith, Ark., would open for development if the levee along the Arkansas River is improved and gains federal certification. An engineering study of the levee says improving it would lower insurance rates and …

People

K&K Insurance, based in Ft. Wayne, Ind., named Todd Bixler president and CEO. Bixler joined K&K Insurance in 1986 as controller, responsible for financial reporting and accounting operations. His subsequent positions of increasing responsibility with K&K included chief financial officer, …

Declarations

Interlinked Failures “A complex and interlinked series of mechanical failures, human judgments, engineering design, operational implementation and team interfaces came together to allow the initiation and escalation of the accident.” —A report issued by BP Plc failed to identify any …

Ohio Insurance Institute: State’s Insured Losses from Ike – $1.255B

For some Ohioans, the memory of Hurricane Ike is only surpassed by the damage it caused last Sept. 14 as it made its way across the Buckeye State packing winds at speeds equal to a Category 1 hurricane (up to …

National Alliance, Univ. of Central Ark. to Offer Insurance Designation

The National Alliance for Insurance Education & Research, in partnership with the University of Central Arkansas, will offer the University Associate Certified Insurance Counselor (UACIC) designation for university students, which not only provides them a designation before they graduate, but …

Hermine Surprises Texas, Oklahoma with Extensive Flooding

Tropical Storm Hermine, which swept through Texas on Sept. 7 and into Oklahoma on Sept. 8, surprised forecasters by retaining tropical storm strength long after it was expected to decline. The storm resulted in extensive flooding, several funnel cloud sightings …

Texas Approves 16 Companies to Self-Insure for Workers’ Comp Claims

The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved one initial application and 15 renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Program. These …

Arkansas Fire Chiefs: It’s Harder to Get Volunteers

Rural fire chiefs in Arkansas say they are finding it harder to recruit younger members to be part of rural fire departments. The time commitment coupled with the lack of financial benefits is taking its toll on area emergency services. …

Arkansas Man Sentenced For Katrina Fraud

A federal judge has sentenced a Fort Smith, Arkansas, man to 18 months in prison for lying to the Federal Emergency Management Agency to get disaster assistance for Hurricane Katrina. U.S. District Judge Robert Dawson also on Thursday ordered 46-year-old …