Arkansas News

Arkansas Insurance Company Owner Sentenced to 6 Years

The owner of a Little Rock, Ark., insurance company has been sentenced to six years in prison on a federal fraud conviction, the U.S. attorney’s office said. Frank Whitbeck, 61, also was ordered to pay $3.8 million restitution and was …

Erstine to Lead Independent Insurance Agents of North Carolina

Independent Insurance Agents of North Carolina named Kelley L. Erstine chief executive officer. Erstine assumed the association’s CEO responsibilities Oct. 15 and replaces Bob Bird upon his retirement after 25 years of service to IIANC. Erstine served as executive vice …

New Van Provides Better Road-Condition Pictures in Arkansas

The Arkansas Highway and Transportation Department’s newest vehicle carries a steep price tag. At $1.39 million, plus tax, it costs almost as much as a 1,000-horsepower 2008 Bugatti Veyron super car. But while the Bugatti can hit a top speed …

Arkansas’ Unemployment Rises to 4.9%

Arkansas’ unemployment rate rose one-tenth of a percentage point in September to 4.9 percent, but remained well below the national average of 6.1 percent. The leisure and hospitality job sector took the largest hit, losing 1,500 jobs that were primarily …

Suits Filed Over Arkansas Rail Explosion

Lawsuits filed over a 2005 Union Pacific derailment, explosion and chemical leak in Texarkana, Ark., include one case that claims a second person died as a result of the accident and others that seek damages for thousands of people. The …

Hurricanes, Credit Crunch Hit Louisiana, Texas Agriculture

Like farmers and ranchers across the United States, agriculture producers in Texas and Louisiana have been impacted by rising fuel and fertilizer costs, and they fear the credit squeeze gripping the nation will make it harder to get loans to …

Ark. Court to Consider Fairness of Workers’ Comp System

The Arkansas Supreme Court has agreed to consider an injured man’s argument that the state Workers’ Compensation Commission operates unfairly in violation of the constitution. Arkansas Chief Justice Jim Hannah said the court would consider the argument raised by attorney …

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. Medi-Tourism Professional Liability Market Detail: Arrowhead Wholesale Insurance Services LLC brings to market a professional …

Texas Supreme Court Revisits Workplace Injury Case

The Supreme Court of Texas recently held a rare rehearing of a unanimous decision listening to arguments about whether it erred last year in ruling that a contract employee who suffered on-the-job injuries couldn’t sue the company that owns the …

Insurer: Odds of Deer-vehicle Crashes Highest in West Virginia

For the second straight year, data gathered by State Farm Insurance shows that vehicles are most likely to collide with deer in West Virginia — a one in 45 chance. That’s up from a year ago when the odds were …