An Arkansas subcommittee last week approved Gov. Sarah Huckabee Sanders’ request for close to $11 million from the state’s restricted reserve fund to offset costs for school districts facing soaring property insurance costs. Arkansas school districts are facing an average …
The Arkansas Insurance Department (AID) was an active participant in encouraging state lawmakers to pass legislation this year to adopt the new insurance business transfer model called the Insurance Business Transfer (IBT) Act. The IBT Act will become effective on …
The Arkansas Insurance Department is advising auto insurance consumers to contact their insurance agents as to whether their auto insurance carrier is offering premium relief in light of the COVID-19 health crisis. AID has posted a list of insurers that …
Mel Anderson, deputy commissioner at the Arkansas Insurance Department (AID), has received the Robert Dineen Award for Outstanding Service and Contribution to the State Regulation of Insurance from the National Association of Insurance Commissioners (NAIC). A 20-year veteran of the …
Arkansas Insurance Commissioner Allen Kerr has approved four new out-of-state companies to sell insurance products in Arkansas. The Arkansas Insurance Department (AID) has granted Certificates of Authority to Minnesota’s SFM Mutual Insurance Co., Wisconsin’s Glencar Insurance Co., Iowa’s Clermont Insurance …
