Arkansas News

Stronger Earthquake Code Rules For Ark. On Hold

An Arkansas legislative committee in early January 2008 put off a review of the state’s building code after lawmakers questioned costs related to making structures withstand earthquakes that come once every 2,500 years. Firefighters and others support the new regulations …

It Figures

$3.1 Million A South Carolina company that made contaminated pet food that killed dozens of dogs nationwide will pay $3.1 million in a settlement with pet owners. The pet food, which contained a mold called aflatoxin, was produced at Diamond …

Getting Out and About

The insurance industry traditionally is bullish on education, networking and sharing professional experiences with colleagues and business partners. After all, the industry is largely made up of “people” people who thrive on connecting with their clients, as well as their …

13 Companies Approved to Self-Insure for Workers’ Comp in Texas

Thirteen companies with approximately 183,200 employees in Texas were approved to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance (TDI), Division of Workers’ Compensation Self-Insurance Program. The department announced that Commissioner of Workers’ …

Ark. to Receive a Share of $72 Million from Seized Frankel Assets

Arkansas Insurance Commissioner Julie Benafield Bowman announced that Arkansas will receive part of the $72 million in funds and assets of Martin Frankel, who was sent to prison for insurance fraud committed in Arkansas and four other states. The Internal …

Rules on Stronger Earthquake Codes for Ark. on Hold for Now

An Arkansas legislative committee has put off a review of the state’s building code after lawmakers questioned costs related to making structures withstand earthquakes that come once every 2,500 years. Firefighters and others support the new regulations to the Arkansas …

CarInsurance.com Adds Insurance Carriers for 2008

CarInsurance.com, which sells auto insurance over the Internet, has added more carriers to its current 28 state agency product offering. In November and December 2007, the firm expanded and now offers Encompass Insurance – Allstate and Progressive Drive in Arizona; …

Swett & Crawford Group Acquires Ark. Workers’ Comp Brokerage

Wholesale insurance intermediary Swett & Crawford Group Inc., reported the acquisition of Little Rock, Ark.-based Risk Reducers LLC, a wholesale insurance broker specializing in workers’ compensation. Based in Little Rock, Ark., Risk Reducers writes workers’ compensation and specialized property and …

Miss. to Share in $72M from Convicted Former Insurance Exec Frankel

Mississippi will share in $72 million of assets seized from Martin Frankel, a former financier convicted of stealing from insurance companies, Insurance Commissioner George Dale said. Dale said the assets were seized by the FBI and the Internal Revenue Service …

Top Insurance Stories in 2007 in South Central

Weather, directly or indirectly, was a driving force in the insurance markets for the South Central states of Arkansas, Louisiana, Oklahoma and Texas in 2007. With the exception of Arkansas, throughout the year the South Central states dealt with insurance …