Tagged: arkansas insurance department

Berry Bishop’s Alliance Insurance Group Files for Bankruptcy

by Arkansas Business Staff 6/11/2018 12:00 am

Bishop’s Alliance Insurance Group of Arkadelphia Inc. filed for Chapter 7 bankruptcy protection late last month and listed $8.2 million in debts and $5.5 million in assets.

Insurance Agent Matthew Glass Gets Win Against AID

by Arkansas Business Staff 4/30/2018 12:00 am

Matthew Glass had his insurance license reinstated last week by Pulaski County Circuit Judge Wendell Griffen, who also barred the Arkansas Insurance Department from taking any more action that would interfere with Glass’ insurance practice pending a final disposition in his dispute with the AID.

Agent Suspended for Refusing AID Access to Customer Files

by Arkansas Business Staff 4/23/2018 12:00 am

The Arkansas Insurance Department recently suspended the license of a West Memphis insurance agent for not handing over insurance records, sparking a legal battle.

Alliance Insurance Agents Surprised by AID Order; Plan to Buy Insolvent Agency

by Gwen Moritz 4/17/2018 2:48 pm

Bart Newman discovered irregularities and spent weeks working on a plan to rescue Alliance Insurance Group of Arkadelphia. Then he saw Arkansas Business' report that Alliance's license had been suspended.

Stuck in the Middle: Regulating Pharmacy Benefit Managers

by Gwen Moritz 3/12/2018 12:00 am

A special legislative session starting Tuesday is expected to result in deep-red Arkansas becoming the first state to license and regulate pharmacy benefit managers.

Insurance Agent Josh Casada Accused of Taking $205,000 in Premiums

by Arkansas Business Staff 2/19/2018 12:00 am

IPFS Corp. alleges that it provided Josh Casada of the Casada Insurance Group with $205,000 to finance customer premiums, which they say Casada never did.

Marijuana Insurance Buds in Arkansas

by Mark Friedman 11/20/2017 12:00 am

The moment last year that Arkansas voters approved the use of medical marijuana, Paul Dunn knew he wanted to sell insurance for the industry. But it won’t be easy. The federal government still considers marijuana illegal.

With Health Care, Allen Kerr Seeks Freedom from Fed

by Arkansas Business Staff 11/20/2017 12:00 am

Arkansas Insurance Commissioner Allen W. Kerr has over three decades of experience in insurance and financial services.

Creating Insurance 'Captives' Helps Companies Save Cash

by Mark Friedman 7/10/2017 12:00 am

Arkansas Insurance Commissioner Allen Kerr is pushing for more companies to start captive insurance subsidiaries, which can write insurance only for its parent or related companies, and locate them in Arkansas.

Arkansas Hospitals Pinched Following Insurance Aftermath

by Arkansas Business Staff 2/27/2017 12:00 am

Some Arkansas hospitals are feeling the fallout from Arkansas Blue Cross & Blue Shield not receiving the premium increase it requested last fall.

Arkansas Sidesteps Some Obamacare Problems with Unique Mix

by Mark Friedman 11/7/2016 12:00 am

The Affordable Care Act has been a mixture of good and bad news for Arkansas, but the state’s unique approach to expanding Medicaid has resulted in a different experience from that making national headlines.

Managed Care Organizations Met With Skepticism by Some Health Care Professionals

by Sarah Campbell-Miller 7/4/2016 12:00 am

Health care professionals in Arkansas are voicing skepticism that bringing managed care organizations into the state-run Medicaid program will stem the rising costs of government-provided health care.

No Charge From Nabholz for Insurance Department Building Budget

by Arkansas Business Staff 5/16/2016 12:00 am

Arkansas Insurance Department spokesman Ryan James said the department asked Nabholz to run some numbers “for informational purposes.” No bids or proposals were sought and no payment made for the one-page estimate dated April 25.

Arkansas Insurance Department Puts Out Feelers on New Space

by Arkansas Business Staff 5/2/2016 12:00 am

The Arkansas Insurance Department may have its eye on a new office building.

Arkansas Business Power List 2016: Insurance

by Arkansas Business Staff 3/21/2016 12:00 am

An insurance resource to help navigate the leadership of the largest Arkansas companies or institutions.

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.