Arkansas News

8th Circuit Affirms Arkansas Court Ruling Against Drug Companies

The U.S. Court of Appeals for the 8th Circuit has upheld Arkansas district court decisions in a products liability case against pharmaceutical companies that are the makers of hormone therapy drugs that, combined, have been linked to breast cancer. In …

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. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …

2009 Top Personal Lines Agencies

The following list is taken from the Insurance Journal Top 100 P/C/ Independent Insurance Agencies report published in Insurance Journal on Aug. 3. These agencies represent the leaders in total personal lines premium volume among the overall Top 100, which …

It Figures

$1 Billion The Army Corps of Engineers is launching a $1 billion project to protect the suburban West Bank of New Orleans from devastating floods. Some critics say the project may have the potential dangerous consequence of encouraging more people …

American Alternative Insurance Partners with PersonalUmbrella.com

PersonalUmbrella.com of Emeryville, Calif., announced that American Alternative Insurance Corp. (AAIC) will be the insurer of its online personal umbrella program. AAIC is a subsidiary of Munich Re America Corp. and an affiliate of Munich Reinsurance America Inc. The company …

Arkansas Governor Declares 46 Counties Disaster Areas

Gov. Mike Beebe has named 46 more Arkansas counties as disaster areas following severe storms caused tornadoes and flooding last month. Beebe took the action Saturday. It is separate from previous declarations for earlier October flooding that named five counties. …

8th Circuit Affirms Arkansas Court Ruling in Products Liability Case

The U.S. Court of Appeals for the 8th Circuit has upheld Arkansas district court decisions in a products liability case against pharmaceutical companies that are the makers of hormone therapy drugs that, combined, have been linked to breast cancer. In …

Southeast States Among Most Exposed to Climate Change

Poverty and climate hazards make the southeast United States the country’s most vulnerable area to climate change impact, Oxfam America said. A report released by the relief organization identified high-risk “hotspots” across 13 southeast states from Arkansas to Virginia where …

Florida’s Homeowners Choice Has Eye on Merger with 21st Century Holding

Homeowners Choice, Inc., a Florida-only homeowners insurance company founded in 2006, has sent a letter to the board of directors of 21st Century Holding Co. proposing a merger between the two companies. In an Oct. 12 letter addressed to Bruce …

It Figures

$12.1 Million Cumulative amount of bonuses to be paid to several top executives at AIG, after U.S. pay czar Kenneth Feinberg signed off on the deal. The payments were promised in 2008 to get key employees to stay with AIG …