Tagged: arkansas insurance department

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.

‘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.

Former Hogs QB Clint Stoerner Tangles with Former Business Partners

by Mark Friedman 6/29/2015 12:00 am

What started out as a perfect partnership between former Razorbacks star quarterback Clint Stoerner and three businessmen to form a Little Rock insurance agency has turned into a courtroom battle.

QualChoice Working to Add HMO Plan

by Mark Friedman 5/8/2015 4:30 pm

The Arkansas Insurance Department recently awarded QualChoice Advantage Inc. a certificate of authority to operate a new health maintenance organization in Arkansas.

Steve Standridge: No Personal Gain From $7M Fraud

by Gwen Moritz 12/15/2014 12:00 am

Steve Standridge was emotional but conspicuously unapologetic when he explained to a federal judge why he committed the crimes for which she had just sentenced him to five years in prison.

Health Insurers Report Rising Premium

by Mark Friedman 9/1/2014 12:00 am

2013 was another good year for nearly all of the companies on Arkansas Business’ list of the largest health insurance companies that write premium in the state.

Lawsuit Hits Nerve for Former Friends Fighting Over Medical Fees Earned

by Mark Friedman 9/1/2014 12:00 am

A legal case between Dr. Eren Erdem and Dr. Scott Schlesinger serves as a cautionary tale about the importance of having a contract in place and how quickly a friendship can sour when money is involved.

Insurance Moratorium in Arkansas Storm Areas

by Associated Press 5/9/2014 3:27 pm

The Arkansas Insurance Department has issued a 60-day moratorium on the cancellation or non-renewal of insurance policies for residents in areas hit by recent storms.

International Swindle Guts Old Southwest

by Michael Whiteley 3/31/2014 12:00 am

A sham transfer gutted the reserves of the four-decades-old Old Southwest of Jacksonville and made Arkansas a minor player in a scandal that has broadened to include $350 million in missing insurance assets, ensnared Catholic charities tied to the Vatican and spawned an international manhunt.

Mangan Holcomb to Update Health Connector Site

by Luke Jones 11/18/2013 12:00 am

Little Rock ad firm Mangan Holcomb Partners will provide a one-time, free-of-charge update to ARHealthConnector.org, a site the company was initially paid $4.3 million to create and market.

Property & Casualty Market Continues to Climb

by Mark Friedman 11/11/2013 12:00 am

The market for property and casualty insurance in Arkansas reached $4.123 billion in 2012, up 2.9 percent from 2011, according to figures from the Arkansas Insurance Department provided to Arkansas Business.

Insurance Officials: No Difference Between Proposed, Announced Rates Of Some Companies

by Associated Press 9/24/2013 4:03 pm

Arkansas insurance officials say there was no difference between the rates originally proposed and those announced yesterday for half of the insurers participating in the state's marketplace under the federal health care law.

J. Matt Lile Sues Insurance Companies For Denying Claims

by Arkansas Business Staff 9/16/2013 12:00 am

J. Matt Lile III, who is facing two federal counts of embezzlement in connection with his time as president of Cosmopolitan Life Insurance Co. of Little Rock, has sued his insurance carriers for denying claims to represent him in lawsuits.

With Portions of Obamacare Set to Begin, Questions Remain

by Mark Friedman 9/2/2013 12:00 am

Oct. 1 will mark one of the biggest changes in the history of health insurance in the United States. On that day, open enrollment begins in the Health Insurance Marketplace. Several unanswered questions exist about the ACA.

Trial for Steve Standridge Put Off Until 2014

by Arkansas Business Staff 8/26/2013 12:00 am

U.S. District Judge Brian Miller granted last week a motion by Standridge’s defense attorney, Tim Dudley of Little Rock, for a continuance. His trial is now scheduled for July 14, 2014.

Health Care Reform Features Tax Credits For Businesses

by Cindy Crone, Arkansas Insurance Department 8/12/2013 12:00 am

Many businesses have viewed the 2010 Patient Protection and Affordable Care Act (PPACA) with concern, focusing on the tax penalties in the law for those that don’t provide insurance; however, the benefits far outweigh any potential penalties.

Arkansas Insurance Department Prepares for Affordable Care Act

by Mark Friedman 6/17/2013 12:00 am

A division of the Arkansas Insurance Department is preparing to spread the word about the Affordable Care Act. This month, 600 or more workers are expected to be hired to march into communities to inform Arkansans about details including health care exchanges under the ACA, also known as Obamacare, that go into effect Jan. 1.

Ad Agencies Pitching for State Media Campaign to Uninsured

by Arkansas Business Staff 3/25/2013 12:00 am

Next month will see what’s likely to be Arkansas’ biggest PR contract pitch of the year — a shot at the “comprehensive,” $4.3 million outreach and education campaign to encourage uninsured Arkansans to sign up for health insurance under the federal health insurance exchange.

Experts Recommend Insurance With Earthquakes, Floods Part of Life in Arkansas

by Mark Friedman 3/18/2013 12:00 am

With Arkansas overdue for a major earthquake, experts are warning Arkansans who live near earthquake activity and flood zones to be prepared by having flood and earthquake insurance.