Arkansas News

Scientist: Fault Puts East Arkansas at Earthquake Risk

A previously unknown fault in eastern Arkansas could trigger a magnitude 7 earthquake in the cotton fields of the upper South with an epicenter near a natural gas pipeline, a scientist said. Haydar Al-Shukri, the director of the Arkansas Earthquake …

Liberty Mutual Drops Direct Sales to Middle Market Businesses; Puts Faith in Independent Agents

Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Since it couldn’t beat independent agents and brokers — who dominate sales in this segment — Liberty Mutual has decided to join them. …

Bell Appointed Chairman of Arkansas Workers’ Comp Commission

Gov. Mike Beebe has appointed A. Watson Bell of Searcy to chair the Arkansas Workers’ Compensation Commission. Bell replaces Olan W. Reeves, who was appointed to the commission by former Gov. Mike Huckabee in 2003. The governor’s office says Bell …

Bradford Begins Tenure as Arkansas Insurance Commissioner

Jay Bradford has been officially appointed Arkansas Insurance Commissioner effective Jan.15, 2009. Commissioner Bradford previously served for two years as the director of the Division of Behavioral Health Services within the Arkansas Department of Human Services. Bradford worked in the …

AFS/IBEX Promotes Two to Assistant VPs

AFS/IBEX has promoted two employees: Carlos De La Cruz and Merry Jane Eversole. De la Cruz was promoted to assistant vice president and will oversee the Southern California region. He has more than 28 years experience in the premium finance …

La. Ranks High For Safe Driving Laws, Other S.C. States, not so Much

A new report finds Louisiana is among 15 states to have made progress in enacting key highway safety laws. Arkansas, Oklahoma and Texas did not fare so well. The 55-page study was done by Advocates for Highway and Auto Safety, …

Driven to Desperation, More Insureds Illegally Dumping Cars

The economic downturn is spurring anxious drivers to fraudulently dump unwanted vehicles for insurance money, according to research by the Coalition Against Insurance Fraud. Officials in nearly a dozen state and local jurisdictions around the U.S. report clear warning signs …

Business Moves

Editor’s Note: For a comprehensive report of mergers and acquisitions for 2008, see Special Report: Agency Mergers in 2008 in the Dec. 22, 2008, edition of Insurance Journal. Brown & Brown, Insurance 1, Alexander & Bolton Brown & Brown Inc. …

States Rate Poorly on Consumer Insurance Information on Web

A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with differences in the usefulness of information such as the rates and practices of individual insurance companies. According to the Consumer …

Arkansas Mill to Pay $350K in Discrimination Probe

An Arkansas rice mill has agreed to pay $350,000 after the federal government found the company discriminated against hundreds of women and non-Hispanic job applicants, the U.S. Labor Department announced. Producers Rice Mill Inc., based in Stuttgart, discriminated against 246 …