Arkansas News

Hit a Home Run with Wholesalers

How to Make Wholesale-Agent Partnerships Work It’s no secret. Insurance is a relationship business. And the agent-wholesale broker relationship is no exception. The continued soft market hasn’t stifled relationships either. Wholesale brokers are still a much needed asset to retail …

Michigan Man, Fired for Legal Pot Smoking, Sues Wal-Mart

A Michigan man has sued Wal-Mart Stores Inc. for firing him after he tested positive for medical marijuana he was using legally to treat pain from an inoperable brain tumor and sinus cancer. Joseph Casias, 30, said he was fired …

Arkansas: Rate Filings Must Include Installment Plan Fees

Insurance companies, agencies, brokers and producers may offer installment payment plans to Arkansas policyholders for the payment of premium, according to the Arkansas Insurance Department. However, except for those fees specifically allowed by Ark. Code Ann. § 23-66-308, such fees …

NetComp Opens Workers Comp Program to Agents in 5 States

NetComp Insurance, a newly-formed program manager based in Columbia, S.C., has opened its online program (www.netcompinsurance.com) for small to-mid size workers’ compensation business to all independent agents in Arkansas, Georgia, North Carolina, South Carolina and Texas. NetComp said it will …

U.S. Launches Pre-Existing Condition Health Insurance Plan

The U.S. Department of Health and Human Services (HHS) announced today the launch of a Pre-existing Condition Insurance Plan (PCIP) that will offer coverage to uninsured Americans who have been unable to obtain health coverage because of a pre-existing health …

BancorpSouth Insurance Exec Re-Elected to Louisiana Guaranty Board

BancorpSouth Insurance Services president Markham McKnight has been re-elected as treasurer of the Louisiana Insurance Guaranty Association (LIGA) board. McKnight brings 28 years of experience to his position. In addition to his role as president of BancorpSouth Insurance Services, McKnight …

FEMA: Arkansas, Other Delta States Need Time to Review Flood Map

After facing strong opposition during a public meeting in Arkansas, a top federal official wants to give cities and towns in the Mississippi Delta more time to review maps that outline where flood insurance would be required. Craig Fugate, administrator …

Florida Court Says Fishermen Can Sue Polluter; Is BP Next?

With BP’s offshore oil gusher in the Gulf of Mexico as a backdrop, the Florida Supreme Court has ruled that commercial fishermen can sue a company that discharged pollutants into Tampa Bay for lost income and profits even though the …

Supreme Court Rejects Pfizer Punitive Damages Appeal

The U.S. Supreme Court rejected Pfizer Inc.’s appeal of a ruling that ordered a retrial on how much punitive damages should be awarded to a woman who developed breast cancer after taking the company’s hormone replacement therapy drugs. Pfizer in …

Mississippi Ban on Sale of Toy Lighters Goes Into Effect July 1

Retailers throughout Mississippi have a little less than two weeks to remove all novelty lighters from their shelves. The law which bans the sale and distribution of these lighters takes effect on July 1. Novelty lighters can look like, among …