Arkansas News

Feds Say Arkansas Pastor’s Abuse Victims Entitled to $2.7M Each

A government witness said Jan. 13 that the five young woman who testified last year that evangelist Tony Alamo took them as a “wife” and sexually abused them as minors should receive $2.7 million each for physical and mental pain …

Restructuring Workers’ Comp Among Goals for Oklahoma Senate GOP

Reforming Oklahoma’s workers’ compensation system will be among state Senate Republicans’ top legislative goals for 2010. Republicans, who enjoy a majority in the Oklahoma Senate, are led by Senate President Pro Tem Glenn Coffee (R-OKC) and Majority Floor Leader Todd …

People

The Insurance Council of Texas (ICT) elected Craig Sparks chairman of its board of directors. Sparks has been president of the Union Standard Insurance Company in Irving since 2000. Sparks’ insurance career began the day he graduated from the University …

People

Virginia-based specialty insurer Markel Corp. announced that its President and Chief Operating Officer Paul W. Springman resigned. Springman had been on a leave of absence since late October. The Independent Insurance Agents & Brokers of America (the Big “I”) named …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Stop All ID Fraud Market Detail: USX/S offers agents access to real ID theft protection …

Louisiana Medical Mutual Declares 10% Dividend to All Policyholders

For the third consecutive year, the Louisiana Medical Mutual Insurance Company will be returning a dividend to all LAMMICO policyholders in Louisiana and Arkansas. Nearly 6,000 policyholders will receive a 10 percent dividend of a policyholder’s written premium. The total …

Wet, Cool Year in Arkansas; Fewer Tornadoes Than ’08

First there was the ice that blanketed the northern third of Arkansas. Then the tornado that ripped through Mena. Next came rain – record-breaking amounts of it in 15 Arkansas cities and areas. Long, soaking rains and quick, heavy downpours …

U.S. Mine Deaths At Record Low

The number of miners killed on the job in the United States fell for a second straight year to 34, the fewest since officials began keeping records nearly a century ago. That was down from the previous low of 52 …

Special Reuters Report: America’s Route to Recovery

When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city. After graduating from high school more …

Farmers Appoints New Southwest Field Operations Executive

Farmers Insurance Group of Cos. has appointed Senior Vice President Roy Smith to Senior Vice President Field Operations, Southwest Zone, effective immediately. The Southwest Zone includes the states of Texas, New Mexico, Arizona, Oklahoma and Arkansas. Smith joined Farmers Insurance …