Arkansas News

Study Shows Tennessee Would Lose Most People, Buildings from Earthquake

A new federal study of the New Madrid Seismic Zone predicts Tennessee would see the highest level of damage if there is a 7.7 magnitude earthquake. The Federal Emergency Management Agency released the two-year study as part of the Catastrophic …

Safeco, America First Insurance Announce Central Region Leaders

Safeco Insurance and America First Insurance, both Liberty Mutual Agency Markets companies, announced key management appointments in personal and commercial lines operations for the central United States region. Richard E. Meuret has been named vice president, Safeco Insurance, and Central …

BancorpSouth to Decline Bailout Funds

Mississippi-based BancorpSouth Inc. has announced it will not apply for federal bailout funds. Aubrey Patterson, chairman and chief executive officer of BancorpSouth, said that it was in the best interest of shareholders to continue with a conservative capital management plan …

Oklahoma Lawmaker Renews Push for Workers’ Comp Reform

Laying the groundwork for the coming legislative session, Oklahoma state Rep. Mark McCullough recently presented a workers’ comp reform proposal to business leaders that he believes will drive down costs while improving worker benefits. “My plan would dismantle our lawsuit-based …

Small Quake Reported in Central Arkansas

The U.S. Geological Survey says a small earthquake occurred in central Arkansas. The quake, of preliminary magnitude 2.6, occurred at 7:47 a.m. Nov. 15, 14 miles north of Hector in Pope County. A dispatcher with the Pope County Sheriff’s Office …

States Made History in November Election, Too

Barack Obama wasn’t the only one to make history Nov. 4 when he was elected the first black U.S. president. Statehouses also broke ground on several fronts. New Hampshire became the first state in U.S. history to give women the …

Business Moves

Medicus Insurance Company Medicus Insurance Company has been approved to write medical professional liability insurance in Arkansas. Medicus is a Texas-based insurance company specializing in providing medical professional liability insurance to physicians, surgeons and ancillary medical providers. Coverage will be …

South Central Regulator Web Sites Rate Highly

The Web sites of the Texas and Oklahoma insurance departments achieved an “excellent” rating from a national consumer group that surveyed information provided by state insurance departments to consumers online. Only six states were found to be doing an excellent …

New Markets

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Group Rates States 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 only six states doing an excellent job. State insurance department websites in 6 states were found to be “excellent” in …