Arkansas residents see 10 percent increase in options to get insurance from agents and agencies

(Little Rock, AR – Insurance News 360) – From 2017 to 2018, the state of Arkansas saw an increase in insurance producers and adjusters – from 122,053 at the end of 2017 to 135,291 at the end of 2018.

Arkansas Insurance Commissioner Allen Kerr announced this finding on Jan. 4.

“I am very proud of the record of new insurance jobs and businesses the Arkansas Insurance Department has had through my first four years as Commissioner.  It is a testament to the ‘open for business’ culture Governor Hutchinson has created in Arkansas.  The Department will continue to promote our state as a welcoming home for the insurance industry and a land of opportunities for new insurance agents,” he said.

Since December 2014, the number of licensed insurance producers and adjusters has increased by more than half. Licensed insurance agencies also saw a 4.9 percent increase as of Dec. 31, 2018, up to 9,723 from 9,269 the previous year.

Source: Arkansas Insurance Department.

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