Arkansas News

Insurance Dept.: Public Adjusters Are Not Permitted in Arkansas

Arkansas Insurance Commissioner Jay Bradford issued a reminder in the wake of recent violent weather that public adjusters are not permitted in the state. Only adjusters whose salary is paid by the insurance company he or she represents are allowed. …

Ark. School Condemned After Storm; More Disaster Areas Declared

Up to 465 students in Mena, Ark., will have to attend classes elsewhere after a tornado on April 9 damaged the Mena Middle School so severely that the building will have to be condemned. Officials say that as many as …

Mena, Ark., Recovers From Tornado; 600 Homes Damaged or Destroyed

Arkansas National Guard soldiers and state prisoner work crews in Mena, Ark., removed debris April 11 while firefighters and volunteers from all over pitched in to help residents recover from a devastating tornado and prepare for a new round of …

Pueblo, Colorado’s Flood Maps Could Change

Federal authorities may update flood plain maps in Pueblo, Colo., a revision that could require more areas to obtain flood insurance. The Federal Emergency Management Agency is reconsidering decades-old maps of flood plains in the southern Colorado city. The agency …

Akansas Governor Signs Bill to Ban ‘Accident Taxes’

Arkansas Governor Mike Beebe has signed legislation that bans local governments from billing motorists for accident response services performed by police departments, according to the Property Casualty Insurers Association of America (PCI). HB 1895, sponsored by Rep. Allen Kerr (R-Little …

Oklahoma’s Webb Young Webb Liles & Tolentino Joins Bainswest

Webb Young Webb Liles & Tolentino, an Oklahoma City-based independent insurance agency since 1947, joined Bainswest Inc. as a member agency effective January 1, 2009. The announcement was made jointly by WYWLT principal, Bobby Young and Bainswest President Mike Loftis. …

Federal Judge in Arkansas Dismisses Stranded Passenger Lawsuit

A federal judge in Fayetteville, Ark., has dismissed a lawsuit by an Arkansas woman that claimed she was illegally imprisoned on an American Airlines airplane for 91/2 hours in 2006. In an 18-page ruling, U.S. District Judge Robert T. Dawson …

Arkansas Workers’ Compensation Costs Continue to Decline

Arkansas Insurance Commissioner Jay Bradford has announced a decrease in workers’ compensation costs effective July 1, 2009. The overall loss cost decrease in the voluntary market is 7 percent, while the overall decrease in rates for the assigned risk is …

My 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. Child Welfare Organizations Market Detail: Markel Insurance Co. offers agents access to a program for …

People

Higginbotham & Associates, an independent insurance brokerage firm based in Ft. Worth, Texas, added employee benefits brokers John Collins, Dana Jones and Rob Marsh to its managing director team for 2009, in recognition of their contributions to the firm. With …