Insurance & Benefits

Lawrence County Bank Gets Insurance Settlement in Embezzlement Case

Lawrence County Bank Gets Insurance Settlement in Embezzlement Case

The Walnut Ridge lender received an insurance settlement of almost $2.7 million, pumped its equity capital back above $20 million and ended 2015 with net income of $1.27 million. That compares with $2.7 million in 2014.
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Pharmacists Still Tackling Drug Rates

The Arkansas Pharmacists Association said it will be surveying its members in the coming weeks to determine if the reimbursement rates for generic medications paid by pharmacy benefit managers have improved since a new law went into effect in July.
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Little Rock Law Firm Loses Money in Forgery Scam

Watts Donovan & Tilley P.A. of Little Rock lost about $100,000 in an elaborate forgery scheme, according to a lawsuit it filed last month.
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Arkansas Sees Volume, Value of Biggest Deals Drop

The value of mergers and acquisitions last year reached a record high worldwide and in the United States, but Arkansas was a different story.
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Personal Income in Arkansas Metro Areas See Increase

The eight metropolitan areas of Arkansas reported increases in local area personal income in 2014, with growth ranging from 1.6 percent in Pine Bluff to 4.1 percent in Fort Smith. read more >

Developmental Center Sells for $3.2 Million (Real Deals)

The sale of a 30,565-SF clinic in Little Rock, a string of apartments in the Hillcrest area and an 82-room motel in southwest Little Rock top the latest real estate transactions in Pulaski County. read more >

Asa Hutchinson Calls Medicaid Meeting With Feds A 'Good Start'

Arkansas Gov. Asa Hutchinson is calling his meeting with federal officials this week a "good start" to his proposal to add new limitations to the state's hybrid Medicaid expansion. The Republican governor told reporters Thursday he'll give lawmakers more details at a hearing Feb. 17 on the negotiations to keep the expansion and add new restrictions. read more >

Kentucky, Arkansas Top Coverage Gains as GOP Looks to Remake Medicaid

As Gov. Matt Bevin prepares to remake Kentucky's Medicaid program, a new national survey shows what's at stake: gains in insurance coverage matched only by one other state. read more >

Cindy Gillespie, Former Romney Health Care Advisor, to Lead Arkansas DHS

Gov. Asa Hutchinson on Wednesday announced Cindy Gillespie, a former health care advisor to former Massachusetts Gov. Mitt Romney, as the new director of the Arkansas Department of Human Services. read more >

Tech Park Plans to Close on Phase 1 Friday

The Little Rock Tech Park plans to close Friday on the purchase of downtown properties for the park's first phase, Director Brent Birch said during a meeting Wednesday. read more >

Little Rock School District Students to Participate in Job Shadowing

Seven primary sites across Pulaski County will host National Groundhog Job Shadow day on Feb. 2 in partnership with Junior Achievement Arkansas. read more >

Midwest Economic Survey Figures Rise for 1st Time in Months

Figures rose for the first time in six months but remained below growth neutral in a survey of supply managers in nine Midwest and Plains states. read more >

Quartet of Apartments Produces $49.6M Buy (Real Deals)

Fairfield Apartments, Berkley Apartments, Pleasant Pointe Apartments and Valley Crossing Apartments, all in west Little Rock, were sold to affiliates of Monarch Investments of Colorado. read more >

Facebook Posts Raise Questions For Employers

The Arkansas Court of Appeals ruled in December that a woman who was fired for posting “arguably” critical comments about her employer on Facebook could receive unemployment benefits. It's the latest decision in an escalating legal war between employment and social media. read more >

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