Arkansas Insurance Hall of Fame Announces 2019 Class
by Arkansas Business Staff – 2 days ago
The Arkansas Insurance Hall of Fame has announced its 2019 class to be inducted Oct. 17.
Insurance & Benefits
Former Razorback Settles Lawsuit with Insurance Companies 
4 days ago
Rawleigh Williams III recently settled his suit in Washington County Circuit Court against the underwriters at Lloyd's of London for allegations of breach of contract and other misconduct.
Tandem Apartment Sales Combine for $56.5M (Real Deals)
4 days ago
Affiliates of B&M Management Co. of Montgomery, Alabama, bought the Stonebridge and Carrington Park apartment projects from affiliates of Philadelphia's Independence Realty Trust.
Arkansas Business Announces CFO Finalists, Tickets Info
Arkansas Business' 2019 CFO of the Year finalists and Lifetime Achievement Award winners will be recognized at a luncheon on Thursday, Nov. 7, at the Embassy Suites in Little Rock. read more >
Cumulative Employment Growth in Arkansas Varies
Nonfarm payroll employment in Arkansas rose in June in most of the state's metro areas, particularly in Fayetteville and Jonesboro. read more >
Marcus James Promoted to SVP at Blue Cross & Blue Shield (Movers & Shakers)
Marcus James has been named senior vice president of claims and membership for Arkansas Blue Cross & Blue Shield of Little Rock. read more >
Bill Simon's Plane Parachuting on Pickup Prompts Complaint
Who knew that an airplane parachuting onto a pickup truck in Fayetteville traffic could cause such a fuss? read more >
Dentist's Crushed Thumb Leads to Lawsuit
A Fayetteville dentist is suing Berkshire Life Insurance for past benefits in the amount of about $200,000 after the company stopped paying her claims following a workout accident. read more >
Top Stockholders in Arkansas Buoyed by Runup in Markets
It's been almost two years since Arkansas Business listed the state's top stockholders based on the value of publicly disclosed stock. Since then, the Walton family's fortune — the part disclosed publicly — has increased by more than $20 billion. read more >
Unemployment Rates Trend Lower in Arkansas
The unemployment rates in most of Arkansas' metro areas continued to move downward or stay stable in June, with Fayetteville, Jonesboro, Little Rock and Texarkana seeing declines. read more >
Arkansas Governor Not Expecting Medicaid Proposal Approval
Arkansas' governor says he doesn't expect federal officials to approve the state's plan to lower the eligibility cap for its Medicaid expansion program anytime soon after a similar proposal was rejected last month. read more >
Walmart CEO Doug McMillon Leads List of Public Companies Executive Compensation
The number of publicly traded companies in Arkansas is stable this year thanks to a couple of small IPOs and the federal government shutdown late last year, and Walmart executives continue to dominate the list of highest paid executives. read more >
Baptist Health Reports $20.9M Operating Loss
Baptist Health of Little Rock reported an operating loss of $20.9 million for 2018, marking the third straight year of operating losses for the state's largest hospital system. read more >
Ted Suhl Is Still A Felon (Gwen Moritz Editor's Note)
What's the matter with me? President Trump commuted the sentence of a man who used religion and bribes for personal gain, and my outrage meter barely registered. read more >
Health Insurers Experience July Heatwave
UnitedHealth Group, Anthem and several others outpaced the broader market in what has been an otherwise choppy year for the sector. read more >
Recent Real Estate Deals Total $1.9M
K.C. Cagle Insurance Agency Inc. of Little Rock, led by Karen Cagle, bought the 3,636-SF office at 21620 Highway 10 on the western edge of Little Rock for $539,000. read more >
Insurers Seek Average 2% Rate Increase for Arkansas Exchange
Arkansas officials say the four companies providing coverage through the state's insurance exchange under the federal health care overhaul law are seeking an average rate increase of about 2% for next year. read more >
Judge Blocks New Hampshire Medicaid Work Requirements
A federal judge has blocked Medicaid work requirements in New Hampshire, ruling for a third time that the Trump administration hasn't adequately addressed the potential loss of health coverage. read more >
IIAA Honors Lynn Zeno, Liberty Mutual/Safeco (Movers & Shakers)
Lynn Zeno of Little Rock was awarded the Allan Kennedy Memorial Award by the Independent Insurance Agents of Arkansas. Liberty Mutual/Safeco was selected as the Company of the Year. read more >
Maumelle Warehouse Sold for $20.7M
A 484,932-SF distribution facility in Maumelle, a 54-room motel in North Little Rock, 80 acres in Benton, a 3,889-SF home in Little Rock, a 2,952-SF eatery in southwest Little Rock and a 19-unit apartment complex in Conway combine for this week's six-pack of million-dollar real estate transactions in central Arkansas. read more >
ADEM Chief A.J. Gary Runs Risk Factors for Safest Scenarios
A.J. Gary, the director of the state's emergency management, says businesses need to have plans and to make sure employees know them. read more >
Hooten's Hears a Hog, Hits Publishing Paydirt
As publisher of Hooten's Arkansas Football, the preseason bible for the state's high school and college fans, Chad Hooten sees the Hogs as his bread and butter, or at least the ham in his sandwich. read more >
Michael Hoggard Moves Up at Citizens Bank (Movers & Shakers)
Michael Hoggard has been promoted to vice president-controller and information security officer of Citizens Bank in Batesville. Sandy Starnes has also been promoted, to director of marketing. read more >
Arkansas Business to Honor 2019's 'Best Places to Work'
Arkansas Business will honor more than 40 companies designated among this year's "Best Places to Work" during an awards luncheon in September. read more >
Gray Dillard, Kathy Ryan Named EVPs at Arkansas Blue Cross and Blue Shield
Gray Dillard has been named executive vice president and chief operating officer at Arkansas Blue Cross and Blue Shield, the health insurer announced Monday. read more >
UCA Designated Global Center of Insurance Excellence
The University of Central Arkansas in Conway has been designated a Global Center of Insurance Excellence by the International Insurance Society. read more >
Fiser Named Blue Cross Blue Shield Medical Director (Movers & Shakers)
Dr. William Fiser Jr. has been hired as medical director at Arkansas Blue Cross & Blue Shield in Little Rock. read more >
Snyder Takes Chair at UCA College of Business (Movers & Shakers)
Tom Snyder was named chair of the Department of Economics, Finance & Insurance & Risk Management in the College of Business at the University of Central Arkansas in Conway. read more >
Collision Victim Says Walmart Exec Hiding Assets
A Tulsa man who was hit by a car while walking in a Bentonville crosswalk alleged the driver is hiding assets to avoid paying him a $350,000 judgment. read more >
Right Goal, Wrong Path (Gwen Moritz Editor's Note)
We didn't know then — how could we? — that Dr. Ben Burris put then-state Sen. Jeremy Hutchinson on a $5,000-a-month retainer to champion Burris' orthodontic agenda. That, needless to say, is not how representative democracy is supposed to work, even if the goal is worthy. read more >
NanoMech Investors Pursue Claims of Self-Dealing, More
Accusations of corporate mismanagement against the former CEO of NanoMech, Jim Phillips, have intensified into allegations of self-dealing and securities fraud. read more >
Jason Hornsby Joins Stone Bank (Movers & Shakers)
Jason Hornsby has been hired by Stone Bank to be the head of the bank's home loan division in Little Rock. read more >
Nuisance Properties Challenge Little Rock Coffers
The largest city in Arkansas is working through fiscal issues inherited by a new mayor and concerns about an out-of-balance budget. Buried in Little Rock's debits and credits is a potential pool of cash that isn't what it seems. read more >
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