Kansas News

Business Moves

Goldman Sachs, USI Holdings Insurance broker USI Holdings Corp. agreed to be acquired by GS Capital Partners, a private equity affiliate of Goldman, Sachs and Co., in a transaction valued at approximately $1.4 billion, including repayment of USI’s existing debt …

8 Customer satisfaction doesn’t guarantee agent, insurer loyalty

U.S. has second-highest level of satisfaction 9 Calif. Commissioner Poizner sworn in Vows to keep office independent, nonpartisan 10 Calif. declares claims emergency Freezing temperatures create citrus losses 12 Biggest U.S. property cat losses were away from coasts Indiana, Missouri, …

New Markets

Parking and Valet Operators Nuts & Bolts: USRisk Brokers has a new Parking and Valet Operators Program designed for businesses engaged in parking customers’ cars, such as self-parking garages and lots, assisted parking, valet parking and parking for special events. …

People

Lloyd’s of London announced that Julian James, its director-worldwide markets, will be leaving at the end of April to join Lockton International. James has been responsible for all Lloyd’s commercial activities outside the UK, including the management of its 72 …

People Citizens Property Insurance Corp.’s board of governors voted unanimously to recommend interim President Scott Wallace be appointed to the post permanently. Wallace was selected from more than 70 candidates by a special board search committee during a teleconference meeting. …

More Federal Disaster Aid Offered to Kansas for Storm Damage

Federal officials have expanded the disaster relief available for areas of western Kansas hit by severe winter storms in late December, Kansas Sen. Pat Roberts said Monday. The Federal Emergency Management Administration will reimburse state and local governments up to …

Rare Snow Storm Surprises Arizona, While Colorado Struck Again

More than a foot of snow fell on parts of northern Arizona, and several more inches were possible while children as far south as Tucson got a rare chance to play in the snow. Sunday’s storm was the latest of …

Ky. Plane Crash Details Could Boost Case for Punitive Damages

When Comair Flight 5191 crashed shortly on takeoff in August at Kentucky’s Blue Grass Airport , the parents of 16-year-old Paige Winters thought she died instantly. Documents released this week show a contributing factor in Winters’ death was smoke inhalation …

Mich. Becomes 29th State to Join Interstate Compact

Michigan Governor Jennifer M. Granholm has signed legislation permiting Michigan to join the Interstate Insurance Product Regulation Compact Commission, making Michigan the 29th state to join the Commission. Created through the National Association of Insurance Commissioners, the Commission provides participating …

Kan. Snowstorm Damages Will Exceed $360 Million, Officials Say

Damage from the crippling late-December snowstorm that blanketed western Kansas with snow and ice, downing power lines and killing thousands of head of cattle, will exceed $360 million. The Kansas Adjutant General’s Department released its damage estimate on Thursday, after …