insurance
Massachusetts Insurer Wins Appeal in $4.7M Arkansas Chicken House Case
Massachusetts insurer Norfolk & Dedham Mutual wins 8th Circuit appeal, reviving lawsuit over $4.7M chicken house collapse in southeast Arkansas.
Explore this week’s million-dollar deals, including construction contracts and real estate transactions in Little Rock and North Little Rock.
Hospitals in Arkansas and nationwide are improving financially but still face challenges, including insurance disputes, staffing shortages, and financial uncertainties in 2025.
Arkansas Blue Cross & Blue Shield faced significant financial losses in 2024, leading to layoffs and cuts to lobbyist contracts, while exploring a possible merger with Cambia Health Solutions.
Arkansas Blue Cross & Blue Shield Lays Off About 75 Workers, Reports $100M Loss
The state's dominant health insurance carrier cited rising health care costs and membership declines as key factors. read more >
by Gwen Moritz, Mark Friedman -
![Businesses along Cantrell Road were heavily damaged during the March 2023 tornado. [Karen E. Segrave]](https://arkansasbusiness.wppcdn.com/wp-content/uploads/2024/12/ARBusiness-Tornado-Recovery-0167_opt-300x194.jpg)
Arkansas and Little Rock Awarded Nearly $80M in Storm Recovery Grants
The funds will be used to rebuild homes, repair infrastructure and provide assistance to small businesses. read more >
Farmers are Still Reeling Months After Hurricane Helene Ravaged Crops Across the South
Experts estimate the cost to farmers, timber growers and other agribusinesses from Florida to Virginia will reach more than $10 billion. read more >
by Associated Press -
Hope Is Not a Strategy (Editorial)
Climate change is real and it’s here. Smart business owners will prepare. read more >
Disaster Risk & the Rise In Home Insurance Premiums
Average property insurance premiums have risen by more than 30% since 2020, the National Bureau of Economic Research said in an Oct. 1 report. It also noted that the increases […] read more >
Arkansas Blue Cross & Blue Shield Reports Vendor Data Breach
Investigators believe someone illegally accessed the Blue Wellness Rewards program to obtain gift cards, not identity theft. read more >
Cushman & Wakefield Sage Partners Announces New Hires (Movers & Shakers)
Brad Freeman has been hired as managing director of property management and Sara Whitlock has been hired as director of lease administration. read more >
Harps Promotes Tackett & Taylor in Leadership Roles (Movers & Shakers)
Tackett has been promoted to vice president of store systems and Taylor has been appointed to the executive committee of Harps. read more >
Columbia Insurance to Transfer Arkansas Portfolio to Safeco
Columbia Insurance Group will transfer all of its Arkansas personal lines to Safeco Insurance of Liberty Mutual. read more >
Arvest Bank Promotes Keith Bowles to Sales Manager for Benton County (Movers & Shakers)
Bowles replaces Amy Morbeck, who was promoted to chief product and innovation officer in June. read more >
Report Calls for Medicaid Changes to Address Maternal Health In Arkansas
The report issued by the Arkansas Strategic Committee for Maternal Health did not call for expanding postpartum Medicaid coverage to one year, an expansion adopted by nearly every other state but opposed by Gov. Sarah Huckabee Sanders. read more >
Conway Area Healthcare Forum Recognizes Medical Professionals (Movers & Shakers)
The Forum gives awards for the following categories: Nurse, Physician, Healthcare Professional, Healthcare Promotion, Administrator, Dental/Optical/Mental Health Professional and Community Impact. read more >
Conflicting Federal Policies May Cost Residents More on Flood Insurance
Conflicting federal policies may force thousands of residents in flood-prone areas to pay more for flood insurance or be left unaware of danger posed by dams built upstream from their […] read more >
by Associated Press -
Central Baptist College Announces New EVP & Director of Admissions (Movers & Shakers)
Jeremy Langley has been hired as executive vice president at Central Baptist College of Conway, and Sterling Claypoole has been hired as director of admissions. read more >
Eells Named as Inaugural Windgate Foundation Endowed Director of UA Little Rock School of Education (Movers & Shakers)
The position is funded by a $3.5 million gift from the Windgate Foundation. read more >
Promoting Preventive Care Can Lower Health Plan Costs
Things just don’t work in perpetuity without a little help. read more >
Little Rock Water Reclamation Authority Names Douglas Roe as Director of Accounting and Finance (Movers & Shakers)
In his new role, he oversees accounting operations, including accounts payable and receivable, payroll, procurement and customer service, and is responsible for preparing monthly financial statements, annual budgets and managing audits. read more >
Insurers Hike Rates as Extreme Storms Like Beryl Proliferate, Bringing Forecasts for Fatter Profits
Premiums for property and casualty insurance are now at their highest levels in more than two decades, according to the U.S. government data from the producer price index. read more >
by Associated Press -
Gov. Sarah Huckabee Sanders Announces Appointments
The latest round of appointments includes new members of the Arkansas Economic Development Commission. read more >
Arkansas Sues 2 Pharmacy Benefit Managers, Accusing Them of Fueling Opioid Epidemic in State
The suit against Express Scripts Inc. and Optum Inc. says the companies did not take "sufficient action" to curb excessive opioid prescriptions. read more >
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