Insurance & Benefits Archive

Steve Standridge Sentenced to 60 Months in Prison

by Arkansas Business Staff 12/5/2014 03:47 pm

Steven Alan Standridge of Mount Ida, who pleaded guilty in July to two felonies, was sentenced Friday to 60 months in prison, three years of supervised release and $2.7 million in restitution.

NLR Chamber, ABPG Join In Women's Hall of Fame

by Arkansas Business Staff 12/5/2014 11:36 am

The North Little Rock Chamber of Commerce is partnering with Arkansas Business Publishing Group of Little Rock to launch a new program to honor the significant contributions of Arkansas women in business, politics, philanthropy and other fields.

HealthCare.gov Average Premiums Going Up in 2015

by Associated Press 12/4/2014 11:39 am

Obama administration officials are acknowledging that HealthCare.gov premiums, on average, will go up next year.

Applications for U.S. Jobless Aid Jump to 313,000

by Associated Press 12/2/2014 01:56 pm

The number of people seeking U.S. unemployment benefits jumped last week, pushing total applications above 300,000 for the first time in nearly three months.

Steve Standridge Rounding Up Restitution Before Sentencing

by Arkansas Business Staff 12/1/2014 12:00 am

Unless his defense attorney can change the judge's mind, former Mount Ida insurance broker Steve Standridge will be sentenced Friday in federal court in Hot Springs.

IRS Change Too Late for Structuring Defendants

by Mark Friedman 12/1/2014 12:00 am

Patrice Duncan said she and her husband never thought much about bank deposits for their family-owned business in Conway until Jan. 24, 2012. That's the day the Internal Revenue Service seized $94,500 from the company's account.

No Daily Report, Morning Report or E-newsletters on Thursday, Friday

by Arkansas Business Staff 11/26/2014 11:03 am

Arkansas Business will not send the Daily Report, Morning Report or weekly industry e-newsletters on Thursday and Friday in recognition of the Thanksgiving holiday.

Blue & You Foundation Gives $2.6M in Grants

by Associated Press 11/25/2014 07:48 am

The Blue & You Foundation for a Healthier Arkansas has awarded more than $2.6 million in grants to 35 health improvement programs in Arkansas.

North Carolina Likely To Join Legislative Push on Uber, Lyft

by Associated Press 11/24/2014 01:40 pm

North Carolina has become an attractive market for smartphone-based car services such as Uber and Lyft, which are drawn to the state's mid-sized cities that have college students and young professionals but lack extensive mass transit. It's also one of many states where little regulation exists outside of traditional cab and limo services.

Evaluating New Minimum Wage's Effects (Michael Pakko Commentary)

by Michael Pakko 11/24/2014 12:00 am

With the passage of ballot initiative No. 4, the minimum wage in Arkansas will increase in three steps to $8.50 per hour in 2017, $1.25 above the current federal minimum, making Arkansas one of many states to increase the minimum wage above the federally mandated level.

Car-Mart Uses GPS To Improve ‘Efficiency'

by Marty Cook 11/24/2014 12:00 am

Car-Mart announced in its quarterly earnings report in August that it had invested in the GPS technology and the devices were now in about 67 percent of the cars it had sold. It should be no shocking news flash that many car buyers at dealerships such as Car-Mart have little credit or not the best of credit and thus are considered high risk.

High Cost of New Drugs Weighs on Medicaid

by Mark Friedman 11/24/2014 12:00 am

A U.S. District Court case highlights concerns over the high costs of specialty drugs such as Kalydeco, which treats some cystic fibrosis patients at an approximate annual cost of $300,000.

Arkansas Unemployment Rate Falls to 6 Percent in October

by Lance Turner and Lee Hogan 11/21/2014 10:06 am

Arkansas' unemployment rate fell from September to October, dropping two-tenths of a percentage point to 6 percent, according to a report from the state Department of Workforce Services.

More Than Just Math (Editorial)

by Arkansas Business Editors 11/17/2014 12:00 am

While much has been claimed in the course of the recent election about Arkansans losing insurance coverage because of Obamacare, the dramatic decline in the total number of uninsured suggests that the number who lost insurance has been overwhelmed by the number who gained it. That's simple math.

Americans' Opinion Remains Split on The Affordable Care Act

by Arkansas Business Staff 11/17/2014 12:00 am

Americans' opinion about the Affordable Care Act remains divided, according to a mid-October poll by the Kaiser Family Foundation of Menlo Park, California. Seventy-seven percent of Republicans have an unfavorable opinion, while 59 percent of Democrats report a favorable opinion.

Tyson Family Stock Nears $3 Billion; Waltons No. 1 On Top Stockholders List

by Gwen Moritz 11/17/2014 12:00 am

The second-wealthiest family in northwest Arkansas, the Tysons, saw their stock holdings increase by nearly $1 billion over the past year — an increase of more than 40 percent.

Crittenden Regional Board Extends Liability Coverage, Then Files for Bankruptcy

by Sean Beherec 11/10/2014 12:00 am

Crittenden Regional Hospital's directors raised concerns about potential lawsuits against them and voted to extend the board's liability insurance the day before filing for bankruptcy in September.

Greg Hatcher on Health Care Trends in 2015

by Arkansas Business Staff 11/10/2014 12:00 am

Greg Hatcher is the author of three books, including “55 Steps to Outrageous Service.”

Mike Nelson Disputes His Firm's Debts to State Workforce Services

by Marty Cook 11/10/2014 12:00 am

The Great Recession was very bad for Mike Nelson. His Jonesboro business, Nelson Design Group, sells home designs to builders and homebuyers, and revenue that reached $4 million in 2006 was down to $1 million by 2008.

Barbara Goswick, Don Smith Top List of CFO of the Year Honorees

by Arkansas Business Staff 11/10/2014 12:00 am

Arkansas accounting professionals took an unaccustomed turn at center stage last Wednesday at the Arkansas Business CFO of the Year Awards luncheon at the Embassy Suites in west Little Rock.