Kansas News

Kan. Commissioner Praeger Attends Interstate Compact Press Conference

Kansas Insurance Commissioner Sandy Praeger was among a gathering of other state regulators today at the National Press Club in Washington D.C. for a news conference which outlined plans for the implementation of the Interstate Insurance Product Regulation Compact. The …

Fla. Rep. Waters: Hurricane Party Mentality Has Been Replaced by Hurricane-Stress

The hurricane party mentality is gone, replaced by hurricane stress, Rep. Leslie Waters, R-Pinellas, told the Florida Suncoast Chapter of the Chartered Property and Casualty Underwriters at the group’s June 5 meeting in Tampa, Fla. Waters described the battle that …

Business Moves

Assurant, Safeco Financial Institution Solutions Assurant Inc., a provider of specialty insurance and insurance-related products and services, acquired all of the outstanding capital stock of Safeco Finan-cial Institution Solu-tions Inc. based in Seattle, Wash., a Cali-fornia corporation and indirect subsidiary …

States promise quicker insurance product, filing approval under new system with Interstate Compact

State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, the required number of states—26—has …

People

Zurich announced that Oliver Ade has been named regional executive for the company’s North Central Region. Ade will be responsible for all business operations within the region, including profit-and-loss objectives, developing strategic marketing initiatives, and strengthening relationships with distributors and …

States promise quicker insurance product, filing approval under new system with Interstate Compact

State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, the required number of states–26–has …

People and Places

Zurich announced that Oliver Ade has been named regional executive for the company’s North Central Region. Ade will be responsible for all business operations within the region, including profit-and-loss objectives, developing strategic marketing initiatives, and strengthening relationships with distributors and …

South Carolina, Tennessee and Kansas Governors Sign Medical Criteria Bills

South Carolina, Tennessee and Kansas have joined a growing number of states that have enacted laws that require plaintiffs to meet specific medical criteria in order to bring or pursue an asbestos- or silica-related lawsuit, according to a statement issued …

Insurers Urge Veto of N.Y. Credit Freeze Legislation

New York lawmakers have passed legislation designed to protect consumers against identity theft but insurers are urging Gov. George Pataki to veto the measure because its credit freeze provision does not exclude insurers. The legislation promises to give consumers a …

Study: 18 Million Americans May Be Unfit for Roads

Results from the second annual GMAC Insurance National Drivers Test suggest licensed Americans lack basic driving knowledge and exhibit alarming behaviors on the road. The study revealed that one in eleven drivers–nearly 18 million people–would fail a state drivers test. …