Tagged: arkansas insurance department

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.

Arkansas Health Care Info to be Printed in Spanish

by Jeannie Nuss, The Associated Press 3/5/2013 7:34 am

Understanding the federal health care overhaul can be a challenge of its own. Now, officials in Arkansas and across the country are trying to figure out how to explain the law to non-English speakers.

Arkansas Business: The Best & Worst News of 2012

by Arkansas Business Staff 12/24/2012 12:00 am

There was good news and there was bad news in Arkansas in 2012. And in case you’ve forgotten the details, the Arkansas Business staff is here to remind you.

Arkansas Insurance Department Pulls License of Van Buren Title Insurance Agent

by Arkansas Business Staff 10/29/2012 12:00 am

The Arkansas Insurance Department recently yanked the licenses of a Van Buren title insurance agent and his agency over a number of faulty practices at his office.

Insurance Department Proposes Increased Fee For Pre-Paid Funeral Plans

by Arkansas Business Staff 10/22/2012 12:00 am

Fees are placed in the state’s Prepaid Funeral Benefits Contracts Recovery Fund, which is tapped whenever funeral homes are unable to honor prepaid contracts.

Workers’ Comp Rates Continue Decline

by Jan Cottingham 10/22/2012 12:00 am

Workers’ compensation costs in Arkansas declined in 2011, continuing a trend that began with the system’s overhaul in 1993.

Planning for the Federally-facilitated Health Benefits Exchange Partnership in Arkansas

by Jay Bradford 9/10/2012 12:00 am

Arkansas Insurance Commissioner Jay Bradford describes the planning that businesses will need to pay attention to in instilling the Federally-facilitated model.