March 16, 2009
Ohio’s Feb. 11-12 windstorm caused at least $88.9 million in damages, based on preliminary insured loss estimates from the Ohio Insurance Institute (OII), an insurance industry trade group. Widespread losses were reported by a number of Ohio insurers. Unseasonably warm …
March 12, 2009
Arkansas-based independent insurance agency Stephens Insurance LLC has added eight insurance professionals to its commercial insurance services team in Little Rock. The eight-member team hails from Regions Insurance in Little Rock. In Stephens Insurance’s Risk Management Division, Senior Vice Presidents …
March 9, 2009
Tools to Intervene “The Texas insurance companies remain well-capitalized. … There has been no bankruptcy filing by the parent company. In the event of any changes in the status of the parent company, our state laws provide us with tools …
March 9, 2009
A federal appeals court ruled that three Greene County, Ark., jailers are not immune from a lawsuit alleging they were deliberately indifferent toward an inmate who died from a heart attack. The 8th U.S. Circuit Court of Appeals in St. …
March 9, 2009
Impact on Insurance Industry May be Minimal, Experts Say The $787 billion stimulus package passed by Congress looms as the largest mountain on the country’s newly changed economic landscape. But despite hope that the stimulus bill will jump-start spending, some …
March 9, 2009
$500 Million The financial toll from the January 2009 ice storm in north Arkansas is estimated at $500 million, with most of the cost for restoring electric utilities, the Associated Press reported. Three major utilities say they will spend around …
March 9, 2009
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. Vacant Commercial Property Market Detail: Western Networked Insurance Services has an exclusive program for vacant …
March 5, 2009
Tears rolled down Arkansas State Sen. Jimmy Jeffress’ face after a House of Representatives committee voted without dissent to put in place new restrictions for teen drivers. “I appreciate it, and I think when you lay your head on your …
March 3, 2009
An attorney for Zach Scruggs, who along with his once-powerful lawyer father was convicted on a charge related to a judicial bribery conspiracy, says his client was not late reporting to a halfway house in Tupelo. Cal Mayo of Oxford, …
March 2, 2009
Lawmakers in Arkansas’ General Assembly approved a bill that will stiffen the state’s seatbelt law and the House of Representatives has passed a measure extending the amount of time a judge can consider previous DWI convictions in setting a drunk …