Insurance & Benefits Archive

State Insurance Commissioner Allen Kerr Scrutinized Over 2011 Case

by Mark Friedman 8/10/2015 12:00 am

The favorable treatment that Arkansas Insurance Commissioner Allen Kerr received from his predecessor, Jay Bradford, in a 2011 dispute with Farmers Insurance Group has been criticized in court documents by another former insurance commissioner, Mike Pickens.

Fatal Crash Led to Split Between Farmers Insurance, Allen Kerr

by Mark Friedman 8/10/2015 12:00 am

For more than 30 years, Allen Kerr was one of Farmers Insurance Group's most productive agents in Arkansas. That changed on Halloween 2011, when Farmers, of Grand Rapids, Michigan, terminated its relationship with Kerr and his Allen W. Kerr Insurance Agency Inc. of Little Rock.

Management Failure (Editorial)

by Arkansas Business Editors 8/10/2015 12:00 am

As a rule, we're hesitant to ascribe motives to actions unless the actors have explained them. Therefore, we won't join the commentators who have tagged as mere “meanness” the state's decision to give beneficiaries of “private option” health insurance only 10 days to respond to questions about their continued eligibility.

Terminations New Obstacle in Private Option Debate (Andrew DeMillo Analysis)

by Associated Press 8/9/2015 02:47 pm

Gov. Asa Hutchinson's decision to temporarily halt efforts to drop thousands from Arkansas' Medicaid program shows the challenge of balancing rhetoric about reforming the program with the reality that so many of the state's residents are now relying on it.

US Employers Add 215K Jobs in July; 5.3 Percent Unemployment

by Associated Press 8/7/2015 07:32 am

U.S. employers added a solid 215,000 jobs in July, signaling a steadily rising job market and providing a key piece of evidence for the Federal Reserve in deciding whether to raise interest rates.

Stuttgart Mess Leads to Lawsuit for Mid-South Industrial

by Arkansas Business Staff 8/3/2015 12:00 am

A contractor has been hit with a $2.6 million lawsuit for allegedly failing to clean up after itself at a Stuttgart food plant in 2013.

Lawsuit, Liens Hit Scott Reed's Main Street Projects

by George Waldon 8/3/2015 12:00 am

Contractors have more than $1.5 million in claims for unpaid work on two unfinished Main Street redevelopments in downtown Little Rock. The liens and lawsuit add to a track record of overreaching, underfinanced, subsidy-supported development in the city.

‘Private Option' Benefits List of Largest Health Insurers

by Gwen Moritz 8/3/2015 12:00 am

The effect of the “private option” — Arkansas' use of federal Medicaid expansion funding to buy private health insurance for the working poor — is written all over this year's list of the state's largest health insurance companies.

Aledade Gets Slow Start in Arkansas

by Gwen Moritz 8/3/2015 12:00 am

A Maryland accountable care organization operator that began recruiting primary care physicians a year ago has had limited success in Arkansas, in part because dozens of the most likely practices are temporarily occupied with a federal pilot program with similar goals.

Comprehensive Primary Care Initiative Results Mixed

by Gwen Moritz 8/3/2015 12:00 am

Fifty-nine primary care practices representing 254 physicians are currently participating in a four-year pilot program by the Centers for Medicare & Medicaid Services known as CPCI, the Comprehensive Primary Care Initiative.

Doctors Encourage End-of-Life Talks

by Mark Friedman 8/3/2015 12:00 am

By the time most doctors talk to terminally ill patients about end-of-life care, it's already too late. But the Centers for Medicare & Medicaid Services hopes to change that. On July 8, CMS proposed paying doctors for their time spent talking with Medicare patients about end-of-life planning.

Weighing Private Option Boost, Medicare Cuts To Scale Uncompensated Care

by Sean Beherec 8/3/2015 12:00 am

Hospitals around the state have reported that the so-called “private option” provided a needed boost by reducing losses associated with uncompensated care.

Regions Insurance's Fred Stone on the Most Important Item Your Company Should Protect

by Arkansas Business Staff 8/3/2015 12:00 am

In 2005, Fred Stone became CEO of Rebsamen Insurance, which changed its name in December 2007 to Regions Insurance. Stone lives in Rogers and commutes most weeks to Little Rock.

HUB International Acquires Holmes Organisation

by Austin DuVall 8/3/2015 12:00 am

HUB International, a global insurance brokerage headquartered in Chicago, has entered the Arkansas market by acquiring Little Rock's multiline brokerage The Holmes Organisation, a company news release stated.

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

by George Waldon 7/27/2015 12:45 pm

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.

Brandon Barber Counteroffers Judge's Order To Cash Out Life Insurance

by Arkansas Business Staff 7/27/2015 12:00 am

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.

Rob Anderson Joins Arkansas Farm Bureau as PR Director (Movers & Shakers)

by Arkansas Business Staff 7/27/2015 12:00 am

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.

Matt Lile Gets 1 Year in Prison for Embezzlement

by Mark Friedman 7/22/2015 03:18 pm

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.

State Unemployment Rate Falls to 5.7 Percent in June

by Lance Turner 7/21/2015 09:12 am

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

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

by Arkansas Business Staff 7/20/2015 12:00 am

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.