Arkansas News

Great American Insurance Group Adds Grey to Atlanta Office

Illinois-based Great American Insurance Group added Adam Grey to its Atlanta office as marketing representative for the firm’s executive liability division. Grey previously worked with the banking sector in providing innovative insurance solutions for their construction loan portfolios. His territory …

Cline Wood Agency Names Boan Transportation Manager

Cline Wood Agency appointed Jeff Boan Transportation sales manager for the company’s southwest sales region — Texas, Oklahoma, Arkansas and Louisiana. In addition to leading Cline Wood’s Arlington, Texas, office, Boan will continue concentrating on sales. Boan joined Cline Wood …

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. Custom Home Builders Market Detail: Lemac & Associates, a division of Risk Placement Services Inc. …

Weather Is a Big Deal in South Central States

Well before the June 1 start of hurricane season claims costs from weather related damages were on a steady climb across the South Central states of Arkansas, Oklahoma, Texas and Louisiana. Late May, early June hailstorms in central Oklahoma likely …

Overlooked Heavy Construction Segment Includes Significant Small Firm Opportunity

Louisiana, Washington Rank High for Heavy and Civil Engineering Construction Business Within the broader construction industry sector, heavy and civil engineering construction (NAICS 237) is an often overlooked segment. Yet the segment generates more than $7.6 billion in all lines …

Arkansas College Sued After Backing Out of Caged Fury Tournament

An entertainment company is suing Hendrix College saying the private school in Conway, Ark., backed out of a deal to allow a “Caged Fury” tournament on campus. Bone Krusher Entertainment Inc. made a deal with Hendrix in March to hold …

U.S. Lawmakers Question Regulators on Vehicle Roof Strength Rules

U.S. auto safety regulators Wednesday told lawmakers they need more time to develop a tougher standard for vehicle roofs to ensure that adding more weight and headroom would not cause more vehicles to roll over. Some regulators, lawmakers, and safety …

Declarations

Friend and Colleague “We are devastated that all hope is lost, but we also find a sense of closure in knowing that we can lay to rest our dear friend and colleague with the dignity and respect she deserves.” —Chrissy …

It Figures

$94,614,453.59 Arkansas has racked up nearly $95 million in insured losses from four major storm systems that hit the state so far this year. May 10 storms caused $17,150,530.56 in damages, the Arkansas Insurance Department said. Storms on May 2 …

People

Specialty Insurance Managers Inc. CEO Frank R. Berry and President Diana G. Berry are retiring. The Austin, Texas-based managing general agency chose to perpetuate by passing the leadership of the firm to Mike Berry, chairman and CEO; Sherri Hendricks, president; …