Kansas News

Kansas Race for Commissioner, Secretary of State Overshadowed

With so much attention focused on battles for governor and attorney general, contests for secretary of state, state treasurer and insurance commissioner have fallen off the political radar and are known collectively as the “other races.” But that hasn’t stopped …

Rate Reductions Approved for MiniCo Self-Storage Program

MiniCo Insurance has received approval for rate reductions in seven states for self-storage risks eligible for the MiniCo self-storage specialty insurance program. The seven states are Idaho, Indiana, Iowa, Kansas, Minnesota, Nebraska, and Wisconsin. Each submission will be evaluated by …

Rate Reductions Approved in Midwest for MiniCo Self-Storage Program

Mike Schofield, president of Phoenix, Ariz.-based MiniCo Insurance, recently announced that the company has received approval for rate reductions in seven states for self-storage risks eligible for the MiniCo self-storage specialty insurance program. The seven states are Idaho, Indiana, Iowa, …

Business Moves

Narragansett Bay, Hanover Narragansett Bay Insurance Co., a member of Pawtucket Insurance Group, has agreed to take over the Rhode Island homeowners insurance business of Hanover Insurance Co. The transaction involves approximately 1,500 Rhode Island homeowners represented by 72 independent …

Declarations

Economic outlook “The challenge for both the Federal Reserve Board and the U.S. economy is that this period of sub-par growth is likely to have little impact on inflation and short-term interest rates.” Gail D. Fosler, executive vice president and …

Business Moves

OneBeacon,QBE OneBeacon Insurance Group completed its renewal rights and asset sale agreement to transfer its agricultural division to QBE the Americas, a wholly owned division of QBE Insurance Group Ltd., for approximately $32 million. From offices in Kansas, the new …

Kan. employee named to leadership role for FBI National Academy

Kansas Insurance Department employee, Randy Adair, chief fraud investigator, has been selected as the 2nd vice-president of the Kansas-Western Missouri chapter of the FBI National Academy Associates. Following this initial four year commitment, Adair will assume the role as president …

Business Moves

OneBeacon, QBE OneBeacon Insurance Group completed its renewal rights and asset sale agreement to transfer its agricultural division to QBE the Americas, a wholly owned division of QBE Insurance Group Ltd., for approximately $32 million. From offices in Kansas, the …

New Markets

Terrorism Insurance Nuts & Bolts: Hiscox USA is now providing terrorism insurance in the U.S., from the U.S. The coverage is being offered to brokers through Hiscox USA’s Armonk, New York headquarters. Hiscox USA, a new operation for European specialist …

Business Moves

OneBeacon, QBE OneBeacon Insurance Group completed its renewal rights and asset sale agreement to transfer its agricultural division to QBE the Americas, a division of QBE Insurance Group Ltd., for approximately $32 million. From offices in Kansas, the new division …