Kansas News

London-based Aviva PLC Aquires Iowa’s AmerUs for $2.9 Billion

Aviva PLC, Britain’s largest insurance company, said Thursday it will take over U.S. life insurance company AmerUs Group Co. in a $2.9 billion deal that will expand the U.K. insurer’s reach into the U.S. market. London-based Aviva will pay $69 …

Swiss Re to Cut 2,000 Jobs in 2007 to Improve Efficiency

Swiss Reinsurance Co. said Tuesday it would cut up to 2,000 jobs by the end of 2007 in a bid to improve efficiency. Large offices in Zurich; London; Munich; Armonk, N.Y.; and Kansas City, Kan., will be primarily affected, the …

Severe Storms Cause Damage in Okla.

Recent severe thunderstorms in Oklahoma blew vehicles off roads, ripped off roofs and caused an ammonia leak that forced a business to be evacuated, authorities said. At least one person was reported injured when storms peeled away the roof of …

Swiss Re Announces First GE Layoffs

Swiss Re – the world’s biggest reinsurer since it completed the acquisition of GE Insurance Solutions – has lost no time in reducing its workforce. In a move it characterized as a “process to capture efficiency gains,” the Company announced …

Kan. Brooke Corp. Announces Results for June 2006

Overland Park, Kan.-based Brooke Credit Corp., the finance subsidiary of Brooke Corp., announced selected June 2006 results. Michael Lowry, president, announced loan portfolio balances for Brooke Credit Corp. on June 30, 2006, totaled approximately $377.4 million, compared to loan portfolio …

Western States Face Mold Danger Despite Dry Climate

Storms Prove Costly for Insurance Industry, Wis. Company Says

While storms such as Hurricane Katrina grab the headlines, a string of smaller storms over the past few years has been taking a toll on insurance companies, industry officials said. Storm claim losses have been running significantly ahead of projections …

American Family Insurance: Midwest Storms Prove Costly

While storms such as Hurricane Katrina grab the headlines, a string of smaller storms over the past few years has been taking a toll on insurance companies, industry officials said. Storm claim losses have been running significantly ahead of projections …

New Markets

Outdoor Sports Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance agents. Dollars: Limits $300 to $1 million. Minimum premiums based on $1 million …

New Markets

Equipment Policies Nuts & Bolts: Britt Paulk Insurance Agency Inc. is offering an equipment policy program that includes agriculture, forestry, construction and lawn and garden. The coverage is first party physical damage for contractors’ equipment. Classes include contractors, agricultural, forestry, …