Arkansas 2026 Regular Session

ALC-STATE INSURANCE PROGRAMS OVERSIGHT SUBCOMMITTEE Jan 14th, 2026

Joint ALC-STATE INSURANCE PROGRAMS OVERSIGHT SUBCOMMITTEE

Event Log

  • Dave Wallace — Dave Wallace is invited to come forward, introduce himself, and proceed, after which the chair thanks him and opens the floor for questions.
  • Grant Wallace — Introduces himself as Director of the Employee Benefits Division and Office of Property Risk and explains the request to use an RFQ process for auditing services for the state captive insurance program.
  • Jack Ladyman — Representative Jack Ladyman asks a series of related questions about the basis for the cost estimate and market research, including whether the research was conducted nationwide or only in Arkansas. He then asks whether Arkansas-based companies receive any preference in the qualification process and states that Arkansas companies should be given an advantage when all else is equal.
  • Jimmy Hickey — Senator Jimmy Hickey was recognized and asked follow-up questions to clarify the contract details, including whether the projected cost covered the full four-year term or was annual, and whether the committee and ALC would still need to approve the selected vendor after the process. The exchange ended with a brief thank-you after discussion of balancing qualifications and cost.