Insurance & Benefits

Applications for US Jobless Aid Fall to Low Level of 281,000

Applications for US Jobless Aid Fall to Low Level of 281,000

Fewer people sought U.S. unemployment benefits last week as employers remain confident enough in the economy to hold onto their staffs.
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Brandon Barber Counteroffers Judge's Order To Cash Out Life Insurance

Brandon Barber, the former northwest Arkansas real estate developer, urged U.S. District Court Judge P.K. Holmes III to reconsider his order that calls for Barber's life insurance policy to be liquidated. The cash surrender value of $9,500 would be used to chip away at the $450,000 he owes in restitution to First Federal Bank.
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Rob Anderson Joins Arkansas Farm Bureau as PR Director (Movers & Shakers)

Rob Anderson, formerly the director of content strategy for three years at Cranford Johnson Robinson Woods in Little Rock, has been hired as director of public relations at Arkansas Farm Bureau.
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Matt Lile Gets 1 Year in Prison for Embezzlement

John Mathis "Matt" Lile of Little Rock was sentenced to one year and one day in federal prison for embezzling more than $100,000 from the insurance company where he was president.
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Applications for US Unemployment Aid Plummet to 42-Year Low

Six years after a brutal recession that wiped out more than 8.5 million jobs, Americans are now enjoying a nearly unprecedented level of job security. read more >

'Scooter' Stuart Family, Bank Reach Settlement Over $14.9M Forfeiture

A tentative settlement has been reached in the civil forfeiture of $14.9 million seized from Layton "Scooter" Stuart and his estate. The development has led to the postponement of the scheduled start of a trial in U.S. District Court on Aug. 17. read more >

Medicaid Enrollment Surges, Stirs Worry About State Budgets

More than a dozen states that opted to expand Medicaid under the Affordable Care Act have seen enrollments surge way beyond projections, raising concerns that the added costs will strain their budgets when federal aid is scaled back starting in two years. read more >

State Unemployment Rate Falls to 5.7 Percent in June

Economist Michael Pakko says June snapped a three-month streak of growth among the number unemployed Arkansans. read more >

Harbor's Leslie Davis on How Companies Can Reduce Waste, Regulation

Leslie Davis, vice president and principal at Harbor Environmental & Safety of Little Rock, co-founded the environmental, safety and engineering consulting firm with Trena Adair in 2007. Davis specializes in acquisition assistance and implementation of compliance management systems. read more >

Arkansas Business to Honor 2015 Best Places to Work at Sept. 16 Luncheon

Arkansas Business will honor its 2015 Best Places to Work in Arkansas at an awards luncheon Wednesday, Sept. 16. read more >

Conway Interfaith Clinic Becomes Part of CHI St. Vincent

Conway Interfaith Clinic changed ownership on July 6 and is now CHI St. Vincent Interfaith Clinic. read more >

Waste, Fraud & Abuse (Editorial)

Wherever there are human beings, there will be waste, fraud and abuse. There is waste in your household budget. In any business of any size, someone is abusing a policy or a credit card. But hardly any human institutions present the opportunity for waste, fraud and abuse on the scale that we've seen in Medicare and Medicaid. And the revelations just keep on coming. read more >

Medicaid Fraud Leads To $33.6M Lawsuit Against LR Care Center

The alleged Medicaid fraud at Step-by-Step Senior Care Inc. of Little Rock was so widespread that the company billed for services that a fictitious employee didn't provide. read more >

Overtime Rule Big Change for Business (Missy Duke Commentary)

On June 30, the U.S. Department of Labor released a proposed rule that would increase the minimum salary for employees exempt under the “white-collar” exemptions of the Fair Labor Standards Act to $970 per week, the equivalent of $50,440 annually, which represents the 40th percentile of earnings for all full-time salaried workers throughout the United States. read more >

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