Kansas News

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Truckers, Motor Truck Cargo Nuts & Bolts: Frontline Underwriters Inc., an independently owned and operated wholesale MGA, specializes in the placement of motor truck cargo, and offers physical damage and truckers’ liability. Dollars: $10,000 to $250,000 Carrier: Rated “A” by …

Congress gets serious about surplus lines insurance reform

Insurance regulatory reform efforts on Capitol Hill took a giant leap forward with the recent House passage of HR 1065, the Non-Admitted and Reinsurance Reform Act of 2007. Sponsored by Rep. Dennis Moore, D-Kan., and Rep. Ginny Brown-Waite, R-Florida, HR …

It Figures

$76,000 A South Dakota judge ordered a man who set fire to a Rapid City home last fall to pay thousands of dollars in restitution to an insurance company. Dustin Bomford pleaded guilty to second-degree arson and was given a …

People and Places

Cary Schneider, senior vice president of the Insurance Information Institute, has been elected executive vice president by the organization’s board of directors. Schneider assumes new responsibilities for directing the internal operations of the I.I.I. while continuing to manage the I.I.I.’s …

It Figures

$2.175 Billion U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $2.175 billion for second-quarter property losses resulting from six catastrophes in 25 states — tying the record for the second-lowest number of catastrophes in a second …

Congress gets serious about surplus lines insurance reform

Legislation passes House, heads for the Senate; but not all in the industry think it’s the answer as now written Insurance regulatory reform efforts on Capitol Hill took a giant leap forward with the recent House passage of HR 1065, …

FEMA Adds Kan. Counties to May, July Disaster Lists

Fourteen more Kansas counties are eligible for individual federal assistance to help recover from severe storms and flooding in the last few months. The Federal Emergency Management Agency says McPherson, Smith and Pottawatomie counties are now part of the May …

Regulators Testifiy before Congress in Support of All-Perils Policy

Speaking before a key subcommitee of the U.S. House of Representatives Tuesday, Sandy Praeger, president-elect of the National Association of Insurance Commissioners (NAIC) and Kansas Insurance Commissioner, testified on the merits of all-perils insurance coverage. Commissioner Praeger commended the Subcommittee …

Safeco Announces New Sale Regions, Field Leadership

Seattle-based Safeco has announced it has expanded its sales organization from five to nine regions, and has named executives to lead two of the new territories. “Independent insurance agents have consistently told us they want more personal contact,” said Spencer …

Few Kan. Residents Covered by Flood Insurance

While his flooded neighbors faced an uncertain future, homeowner Bob Foust was already well under way this week repairing the water damage to his house upstream of the refinery’s oil spill. Not only did his house escape the oily gunk …