An Arkansas-based pharmacy benefits insurer has been placed into rehabilitation, the Arkansas Insurance Department reported. Indy Health Insurance Company Inc. (IHIC) is an Arkansas domiciled company that provides Medicare Part D plans in Arkansas, Pennsylvania, West Virginia, Illinois, and Georgia, …
The Arkansas Insurance Department’s Consumer Services Division (CSD) for recovering $3,005,606 for the state’s insurance consumers in 2019, the department said. Recoveries are dollar amounts recovered in excess of the amounts initially offered by insurance companies. CSD closed 2,320 cases …
Arkansas Insurance Commissioner Allen Kerr has approved five new insurance companies to operate in the state, bringing to 103 the number of new insurance companies approved since January 2015, according to the Arkansas Insurance Department. The AID says that since …
Arkansas Insurance Commissioner Allen Kerr is warning consumers in his state to be wary of individuals posing as car insurance agents to sell fraudulent policies at car dealerships. In a media release, Kerr said the Criminal Investigation Division at the …
The Arkansas Health Insurance Marketplace has become part of the state’s insurance department after Gov. Asa Hutchinson signed legislation dissolving the marketplace board as a separate entity. The state Legislature established the insurance marketplace in 2013. The Arkansas marketplace used …
The Arkansas Insurance Department in 2018 secured an additional $12,836,501 in recoveries and restitution for insurance consumers, Insurance Commissioner Allen Kerr announced. The Consumer Services Division (CSD) recovered $8,860,187 for consumers last year — a $6 million increase over 2017. …
The Arkansas Insurance Department has issued a warning regarding short-term health plans and reminded producers selling such plans they are required to warn consumers that these plans do not meet the minimum essential coverage requirements of the Affordable Care Act. …
The Consumer Services Division (CSD) at the Arkansas Insurance Department has recovered $3,673,940 for Arkansas insurance customers in the first half of 2018, the agency reported. Recoveries are dollar amounts recovered for Arkansas consumers by CSD in excess of the …
The Arkansas Insurance Department’s Consumer Services Division (CSD) recovered $1,126,107 for Arkansas insurance customers during the first quarter of 2018, the agency announced. Recoveries are dollar amounts recovered for Arkansas consumers by CSD in excess of the amounts initially offered …
An Arkansas insurance firm owner has surrendered to authorities on warrants in Pulaski County for felony insurance fraud, theft and forgery, the Arkansas Insurance Department announced. Joshua Eric Casada, owner of the Little Rock-based Casada Insurance Group, surrendered following an …
