Insurance & Benefits Archive

CARTI Faces Bond Trouble as Side Effect of Debt

by Arkansas Business Staff 9/12/2016 12:00 am

A projected loss for the fiscal year that ended June 30 means CARTI won't meet the debt service coverage ratio requirements of the $50 million bond used to build its new cancer center in west Little Rock.

Central Arkansas Retail Space Vacancy Rate Rises Slightly

by Arkansas Business Staff 9/12/2016 12:00 am

The vacancy rate for retail space in central Arkansas rose slightly in the second quarter, inching up to 4.9 percent compared with 4.7 percent in the first quarter.

Arkansas Court Cancels Oral Arguments in Lawsuit Limits Case

by Associated Press 9/9/2016 02:09 pm

The Arkansas Supreme Court is canceling oral arguments it had scheduled next month in one of two attempts to disqualify from the ballot an effort to limit damages awarded in medical lawsuits.

Slideshow: 9 Inductees Honored at Arkansas Women's Hall of Fame

by Gwen Moritz 9/5/2016 12:00 am

Eight women and a congregation of Catholic nuns were the second class of inductees honored by the Arkansas Women's Hall of Fame at a banquet in Little Rock on Aug. 25.

New Stoby's Inching Along in Conway

by Jan Cottingham 9/5/2016 12:00 am

A rebuilt Stoby's is still at least seven months away, owner David Stobaugh said last week. “We're looking at early spring” before the landmark Conway restaurant can be up and running again.

Who'll Stop the Rain? (Editorial)

by Arkansas Business Editors 9/5/2016 12:00 am

Businesspeople are supposed to be known for their ability to face facts — e.g., “businesslike” — and to learn from the mistakes of others. Last month's devastating floods in Louisiana provide just such opportunities.

White River Medical System Adds Three to Medical Team (Movers & Shakers)

by Arkansas Business Staff 9/5/2016 12:00 am

Dr. Anitsira Collado, Dr. Joaquin Duarte and Dr. Mahiry Romero-Salinas have been hired as physicians at White River Health System of Batesville.

Former Head of Medicaid to Work With Arkansas DHS, UAMS

by Arkansas Business Staff 9/2/2016 11:18 am

Dennis G. Smith, former head of Medicaid under President George W. Bush, will become a visiting faculty member at UAMS and senior adviser for Medicaid and Health Care Reform for the state Department of Human Services.

Marion Bank Ordered To Pay Letter of Credit Related to Crittenden Regional Bankruptcy

by Arkansas Business Staff 8/29/2016 12:00 am

An insurance company had a straightforward $300,000 commercial letter of credit from First Community Bank of Eastern Arkansas, and that's bad news for the Marion bank with $150.8 million in assets.

Colonial Arms, Oakwood Place Apartments Sell For $5M In Fayetteville (NWA Real Deals)

by Marty Cook 8/29/2016 12:00 am

White Rock Investments LLC, led by Tim Brisiel of Fayetteville, paid $5 million for two apartment complexes.

Wal-Mart's McMillon Tops Compensation List of 100 Arkansas Public Company Execs

by Gwen Moritz 8/29/2016 12:00 am

C. Douglas McMillon, CEO of Wal-Mart Stores Inc., has returned to the No. 1 spot on the annual list of executive compensation at publicly traded companies headquartered in the state.

Madison Health & Rehab Draws $4M Transaction (Real Deals)

by George Waldon 8/29/2016 12:00 am

Dixon Realty LLC of Wood-Ridge, New Jersey, purchased the 140-bed nursing home in south Pulaski County from Trinik Holdings LLC, led by Saeed Niksefat.

Defense Attorneys Appeal Ruling in Class-Action Case

by Mark Friedman 8/23/2016 10:01 am

Three defense attorneys last week followed the path of the plaintiffs' attorneys and filed notice that they will appeal Chief U.S. District Court Judge P.K. Holmes III's finding that they abused the court system in a controversial class-action case.

Sandra Robertson Greenwood To Retire from UALR (Movers & Shakers)

by Arkansas Business Staff 8/22/2016 12:00 am

Sandra Robertson Greenwood will retire as director of budget and strategic initiatives for the University of Arkansas at Little Rock on Sept. 20, her 70th birthday.

Holiday Inn Express Sale Checks In at $5.1 Million (Real Deals)

by George Waldon 8/22/2016 12:00 am

A limited liability company led by Ishverbhai Govind purchased the 1.5-acre, 69-room hotel on East McCain Boulevard in North Little Rock.

Arkansas Unemployment Unchanged at 3.9 Percent

by Arkansas Business Staff 8/19/2016 09:42 am

Arkansas' seasonally adjusted unemployment rate was unchanged at 3.9 percent in July, according to a report Friday by the state Department of Workforce Services.

3 Things Every Business Should Know About Attorney-Client Privilege (Rodney Moore Commentary)

by Rodney Moore 8/17/2016 09:34 am

Understanding how the attorney-client privilege works is important for businesses of all types and sizes. Here's three key things every business should know about attorney-client privilege.

SPONSORED: New Regulations Affect Trustees Of Retirement Plans

by 8/17/2016 08:29 am

A retirement plan review with experts can reduce risk and maximize benefit to employees.

Arkansas Homeowners No Longer Playing With House Money

by Kyle Massey 8/15/2016 12:00 am

Once upon a time, homeowners thought it was perfectly fine — smart even — to carry greater debt on their houses and take out the equity as cash for investments. After all, interest rates were low, homebuyers were eager, and everyone knew that housing could never decline in value. Well, that last part turned out to be a fairy tale.

Townsell, King Take New Roles at Centennial Bank (Movers & Shakers)

by Arkansas Business Staff 8/15/2016 12:00 am

Donna Townsell has been promoted to director of marketing for Centennial Bank of Conway, and Eric King has been named senior business development officer.