Kansas News

Meanwhile, Back in the Heartland…

As of this writing, most of the United States is sitting here holding its collective breath and waiting for Hurricane Rita to touch down on the already devastated Gulf Coast, even while the experts are still toting up the damage …

Editor’s Note:

Meanwhile, Back in the Heartland… As of this writing, most of the United States is sitting here holding its collective breath and waiting for Hurricane Rita to touch down on the already devastated Gulf Coast, even while the experts are …

Mo. Court Awards $800,000 to Auto Fraud Defendants

Two Missouri people acquitted of automobile insurance fraud were awarded $800,000 in damages for malicious prosecution of their case. A Jackson County Circuit Court jury on Tuesday ruled that State Farm Insurance and the National Insurance Crime Bureau must pay …

Kansas Sends DOI Staffers to Katrina Claims Processing Center

Insurance Commissioner Sandy Praeger has deployed two members of the Kansas Insurance Department to assist at the National Association of Insurance Commissioners (NAIC) Call Center in Kansas City, Mo., which was established to assist with the high volume of property …

Employers in Midwest Pay Lower Hourly Cost Per Employee

Even figuring in the relatively high cost of workers’ compenstion insurance, employers in Midwestern states like Missouri and Illinois paid a lower hourly costs for employee compensation than the national average. According to data released today by the Bureau of …

Midwest Insurers Pitch In for Katrina Relief

In the wake of Hurricane Katrina, insurers in the Midwest rose to the challenge, not only by getting adjusters on the ground as quickly as possible, but offering volunteer services and monetary contributions as well. The efforts ranging from the …

People & Places

Marjorie Dorr WellPoint, Inc.announced a series of leadership appointments, effective September 1, 2005, including naming Marjorie W. Dorr to the post of executive vice president and chief strategy officer. Mark Boxer “As chief strategy officer, Marjorie will have a key …

GE PLANS SALE OF INSURANCE UNITS:

General Electric Co. likely will sell all of its remaining insurance operations, which include Kansas City-based GE Insurance Solutions, according to comments made by the head of GE Insurance Solutions. Ron Pressman, head of GE Insurance Solutions, said GE probably …

NAIC Releases 2006 Budget

The National Association of Insurance Commissioners has released its proposed budget for 2006, which calls for projected revenue of $59.3 million, a .18 percent increase over 2005 budget levels. Projected expenses of $58.3 million represent a 3.63 percent increase over …

Brooke Announces August Results

Michael Lowry, President of Brooke Credit Corporation, the finance subsidiary of Brooke Corporation, announced selected August 2005 results. Lowry announced that loan portfolio balances for Brooke Credit Corporation on August 31, 2005, totaled approximately $251,000,000 as compared to loan portfolio …