Kansas News

Kansas Official Appointed to SILA

Kansas Insurance Commissioner Sandy Praeger announced today that LeRoy Brungardt has been appointed to serve on the Executive Committee of The Society of Insurance Licensing Administrators (SILA). Brungardt is Director of Agents and Licensing for the Kansas Insurance Department. “Only …

USBA Names Snyder as New Chief Financial Officer

USBA (Uniformed Services Benefit Association) announced that Colonel Robin A. Snyder, USAF (Ret.) is joining the company as chief financial officer beginning September 1, 2005. Snyder served more than 27 years in the United States Air Force as a senior-level …

Brooke Corp. Completes Common Stock Offering

Brooke Corporation on Monday announced the completion of its follow-on offering of 2.5 million shares of its common stock. Priced at $11.50 per share, the gross proceeds of the offering were $28,750,000, with proceeds of $27,096,875 to the Company, before …

Castle Extends Coverage to Hawaii

The Industry’s Premier High Value Residential Insurance Inspection Company Offers Full Nationwide Coverage Salt Lake City, Utah – Castle Inspection Service, a division of Overland Solutions, Inc., announced today their extended coverage to the Hawaiian Islands. Neal Carroll, Regional Manager …

Kansas, Missouri Insurers Grew Profits in 2004

Forty-four property and casualty insurance companies based in Missouri reported total earnings of $224 million in 2004, compared with a loss of $423.5 million in 2003, according to Weiss Ratings Inc. In Kansas, 22 property and casualty insurers reported earnings …

Kansas Commissioner Issues Complaint Ratio Report

Kansas Insurance Commissioner Sandy Praeger on Friday released the 2004 Consumer Complaint Ratio Report which tracks complaints and questions about insurance companies licensed to do business in the State of Kansas. During 2004, the Kansas Insurance Department closed 5,012 complaints …

Lockton Names Hopson New VP of Aviation Specialties

Lockton Companies Inc., the nation’s largest privately owned insurance broker, has appointed Robert Hopson as a vice president, aviation specialist in its commercial insurance group, property/casualty division in its Kansas City corporate office. Hopson has 15 years of insurance experience, …

Jury Awards ‘Improperly’ Fired State Farm Agents $20 Million

Five former State Farm Insurance agents were awarded $20 million by a Kansas City, Mo. jury that ruled they were improperly terminated for criticizing the way the company treated its policyholders. The agents, whose contracts were terminated in January 2000, …

Business Moves

Berkshire Hathaway, General Electric Omaha, Neb.-based Berkshire Hathaway and Kansas City, Mo.-based General Electric announced that GE Insurance Solutions’ sale of Medical Protective Corporation to Columbia Insurance, a unit of Berkshire Hathaway, became effective recently. The sale price was $825 …

N.C. Indicts PEO Operator for Allegedly Pocketing $3.8M in Workers’ Compensation Funds

A grand jury in Greensboro, N.C. has indicted Steven E. Edwards on 21 counts of fraud, money laundering, tax evasion and stealing $3.8 million earmarked for health and workers’ compensation insurance from three employee-leasing businesses. According to a news release …