Arkansas News

Mississippi’s BancorpSouth Acquires Texas Insurance Company

Tupelo, Miss.-based BancorpSouth Insurance Services Inc., a subsidiary of BancorpSouth Bank, said Monday it has signed a deal to buy JMG/IC Insurance Agency Inc., of Nacogdoches, Texas. Terms of the deal were not disclosed. Joe Max Green, chairman of JMG/IC …

Brutal Tornadoes Lacerate Southern States Killing at Least 48 People

A severe weather front fell upon the Southern states inciting a series of strong tornadoes that moved across Kentucky, Tennessee, Mississippi and Arkansas, wreaking damage and killing at least 48. As the information of the damage and fatalities reached the …

U.S. Risk Names Hicks Senior Commercial Underwriter

Dallas-based managing general agency and surplus lines wholesaler U.S. Risk Insurance Group Inc. announced it has named Jeff Hicks a senior underwriter in its Commercial Underwriting department. In this position, Hicks will specialize in transportation, property and casualty lines (including …

Clinton Suggests Tapping Wages of Those Who Won’t Buy Insurance

Democrat Hillary Rodham Clinton said she might be willing to have workers’ wages garnisheed if they refuse to buy health insurance to achieve coverage for all Americans. The New York senator has criticized presidential rival Barack Obama for pushing a …

The Republic Group Now Writing Personal, Commercial Lines in Ark.

The Republic Group (Republic), based in Dallas, has entered the personal lines market in Arkansas, the company announced. Republic entered the state with its commercial lines products in December 2007. Republic companies will distribute homeowners, dwelling fire, commercial lines, and …

BancorpSouth Insurance to Buy JMG/IC Insurance of Texas

BancorpSouth Insurance Services, Inc., a subsidiary of BancorpSouth Bank, headquartered in Tupelo, Miss., has agreed to acquire the Nacogdoches, Texas — based JMG/IC Insurance Agency, Inc. The effective date of the transaction will be Jan. 1, 2008. Financial terms of …

Unemployment in Okla. Climbs to 4.3 Percent in December

Oklahoma’s unemployment rate rose 0.1 percent in December to 4.3 percent, spurred by higher jobless claims in more than half of the state’s 77 counties, according to state officials. About 1.65 million people were employed in Oklahoma in December and …

Ark. Town’s Fire Chief Opens Wallet to Stop Arsons

Pine Bluff, Ark.’s new fire chief is fed up with arsons at abandoned homes in his city – so much so he’s reaching into his own wallet to try and stop the blazes. Don Horton said he will offer a …

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. Personal Lines Insurance Agents E&O Nuts & Bolts: Travis-Pedersen & Associates of Arizona, LLC is …

My 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. Kidnap and Ransom Coverage Nuts & Bolts: Travis-Pedersen & Associates of Arizona, LLC is offering …