Kansas News

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 …

News Briefs

Illinois Katrina Could Affect Ill. Insurance Rates: Experts say the path of destruction left by Hurricane Katrina likely will lead to higher insurance rates in the metro-east and across the country, although it is unclear how much and how soon …

People

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. “As chief strategy officer, Marjorie will have a key role in ensuring …

NAIC Introduces Online Fraud System

With the goal in mind to obtain uniformity in insurance regulation, address concerns expressed by the industry, and ultimately, to protect consumer interests, the National Association of Insurance Commissioners (NAIC) has developed a central online location to report suspected fraud. …

Brooke Franchise Adds 23 Locations

Brooke Franchise Corp. added 23 franchise locations in August and received about $4.1 million in initial franchise, consulting and seller fees during the month. Brooke Franchise, a subsidiary of Overland Park, Kan.-based Brooke Corp., helped franchisees and others buy businesses …

NAIC Unveils Enhanced Web Site

The National Association of Insurance Commissioners (NAIC) has redesigned its Web site with a more user-friendly format for both NAIC members and first-time visitors. Work on the new site began in May after an internal audit was conducted to focus …

Kan. Commissioner Reminds Students, Parents on Renter’s Insurance

Kansas Insurance Commissioner Sandy Praeger is offering some advice to share with parents of college students concerning the protection of personal property that might be damaged, lost or stolen while they are away at college. With the 2005-06 school-year well …

Lockton, Clients Ship Aid to Gulf Coast

Concerned about the time it seemed to be taking to deliver essential aid to areas affected by Hurricane Katrina, Lockton Companies Inc., Kansas City, Mo., arranged direct and immediate shipment of supplies to southern Mississippi and beyond. “Our Associates wanted …

Mo. Employers Mutual Lowers Workers’ Comp Base

Missouri Employers Mutual said recently the average workers’ compensation insurance base rate will decrease by 5 percent for new and renewal business, starting Jan. 1, 2006. The workers’ comp insurer cited the company’s performance and an anticipated positive impact of …

SPECIAL REPORT: Back to Earth with Surplus Lines

NARRATOR: The year is 2010 and Dr. Lois Kwoat, Dr. Heywood Jawrithis and their know-it-all computer companion, Pal 2010, have returned to planet Earth from Recover Space Station a million miles away. They are on a new mission. Kwoat: We …