United Home Insurance Co. of Paragould Placed in Receivership
Storm losses took a toll on the company's bottom line. In addition to Arkansas, the company also wrote coverage in Kentucky, Missouri, Oklahoma, Tennessee. read more >
Storm losses took a toll on the company's bottom line. In addition to Arkansas, the company also wrote coverage in Kentucky, Missouri, Oklahoma, Tennessee. read more >
McClain was also named chair of NAIC's Workers' Compensation Task Force. read more >
Embezzlement of insurance premiums is the most common type of insurance fraud, according to the FBI. read more >
A former Dumas insurance agent, Joshua Jackson Smith, is accused of keeping premium money clients paid for policies that never existed. read more >
Community Health Centers of Arkansas fears its members’ budgets would lose a total of $1 million annually if a drug industry’s lawsuit challenging the constitutionality of a state law succeeds. read more >
A pharmaceutical lobbying group is suing the state over a low-cost prescription drug measure. read more >
Karen Whatley has been appointed judge for the 7th Division Circuit Court in Arkansas’ 6th Judicial District by Gov. Asa Hutchinson. read more >
A proposed Medicare rule change should reinforce Arkansas pharmacies in their continuing fight with pharmacy benefit managers over fees. read more >
As cyberattacks like these become more common and more organizations look to transfer the associated risk to insurers, the availability of such policies has not kept up with demand. read more >
A federal judge dismisses a lawsuit filed by a Little Rock dental network that sued its insurance carrier for denying coverage for business losses suffered as a result of COVID-19, ruling the policy didn’t cover such losses. read more >
The third-tallest building on Little Rock’s skyline remains an investment puzzle awaiting a solution before new ownership enters the picture. read more >
Last month the Chapter 7 trustee for the bankrupt Alliance Insurance Group of Arkadelphia Inc. dismissed its suit against Nathaniel Price. read more >
Lackie Drug Store of Lonoke is suing six of the largest pharmacy benefit managers in the country, saying it won’t be able to survive because the drug reimbursement rates it receives from the PBMs are often below its cost. read more >
The insurance industry responds to COVID-19 with rebates instead of lower rates and remains flexible on claims and operations. read more >
Arkansas Insurance Department Commissioner Alan McClain says the industry is seeing a surge in technological innovation. read more >
Arkansas officials confirmed last week that the state filed an insurance claim in a May 15 website security lapse that exposed sensitive data on 30,000 Arkansans seeking pandemic unemployment benefits. read more >
Officials of a bankrupt Arkadelphia insurance agency ignored red flags indicating owner Berry Bishop was committing bank fraud, according to a trustee suing to recover $7.3 million. read more >
Arkansas Insurance Commissioner Allen Kerr announced Wednesday that he will resign, effective March 27, to pursue opportunities in the private sector. read more >
Matt Robinson still had questions before his 2015 purchase of a troubled funeral home in Jacksonville, but he went through with the deal anyway. The decision would be costly. read more >
Adam Grimmett’s reason for insuring Arkansas’ new medicinal marijuana industry is personal. An Afghan war veteran, he wants to help ex-service members. read more >
