Arkansas News

Insurance Agents Urge Reform of Estate Tax

The U.S. House of Representatives recently passed a measure (H.R. 4154) that would permanently extend the estate tax rate and exemption amount at this year’s levels. As present, the estate tax has a rate of 45 percent with a $3.5 …

Austin-Round Rock, Texas, Most Secure Large Metro Area

The central Texas area of Austin-Round Rock is the most secure U.S. community among large metropolitan areas (population of 500,000 or greater) in which to live, ccording to the sixth annual Most Secure U.S. Places to Live rankings from Farmers …

Arkansas Reports Insurance Scam Targeting Consumers in That State

Arkansas Insurance Commissioner Jay Bradford has cautioned that a scam operation that has sold fraudulent health insurance in Oklahoma and Connecticut is now targeting Arkansans. A company called American Trade Association is apparently illegally offering health insurance plans via unsolicited …

Key Claim Dismissed in Oklahoma Poultry Litter Lawsuit

A federal judge has dismissed one of Oklahoma’s key claims in the state’s pollution lawsuit against Arkansas poultry companies. U.S. District Judge Greg Frizzell on Dec. 15 ruled that bird manure isn’t “solid waste” under the federal Resource Conservation and …

Economists Estimate $309M Arkansas Crop Losses

Rains late in the growing season that inundated some cropland and pummeled rice and cotton plants caused an estimated $309 million in losses, according to economists at the University of Arkansas Division of Agriculture. The $309 million loss is equal …

Sparks to Chair Insurance Council of Texas Board

The Insurance Council of Texas (ICT) has elected Craig Sparks chairman of its board of directors beginning Jan. 1, 2010. Sparks has been president of the Union Standard Insurance Company in Irving since 2000. Sparks’ insurance career began the day …

New Requirements Drive Need for Surety Bonds in Texas and Arkansas

At least four new surety bonds have hit the market in Texas and Arkansas in the last six months, part of a wave of new bonding requirements nationwide. Brokers in both states are working to stay on top of the …

People

Monte Stringer, executive vice president with U.S. Risk Inc. in Dallas, has been elected president of the Texas Surplus Lines Association Inc. for the coming year. Stringer and other new officers and directors of the organization were elected at the …

Requirements Drive Need for Surety Bonds

At least four new surety bonds have hit the market in Texas and Arkansas in the last six months, part of a wave of new bonding requirements nationwide. “This past year has seemed to be especially active statutorily and even …

New Requirements Drive Need for Surety Bonds

At least four new surety bonds have hit the market in Texas and Arkansas in the last six months, part of a wave of new bonding requirements nationwide. “This past year has seemed to be especially active statutorily and even …