Kansas News

Everest Re Group Finalizes Acquisition of Heartland Crop Insurance

The Bermuda-based Everest Re Group has acquired the business and operations of Heartland Crop Insurance, Inc., a managing general agent, for $55 million plus the agreed upon value of the net assets of the agency, with an additional contingency of …

12 Days of Riskmas: An Insurance Broker’s Story

In giving her Christmas gifts for 12 straight days, a true love inspires his girlfriend to build a whole new life. It’s a joyful story for the holidays but one that comes with risks. According to the popular Christmas carol, …

12 Days of Riskmas: An Insurance Broker’s Story

In giving her Christmas gifts for 12 straight days, a true love inspires his girlfriend to build a whole new life. It’s a joyful story for the holidays but one that comes with risks. According to the popular Christmas carol, …

Young Agents Survey:

Why Young Agents Stand by Their Career Choice Most enter the insurance business by accident but for young independent insurance agents, the decision to stick with insurance as a permanent career is a matter of choice. A healthy 84 percent …

Railroad Ordered to Pay Disciplined Kansas Employee

BNSF Railway Co. has been ordered to pay $95,096 to a Kansas employee it disciplined for reporting a work-related injury. The Occupational Safety and Health Administration said this week that the penalty represents back wages, compensatory damages, attorney’s fees and …

Everest Re in Negotiations to Acquire Heartland Crop Insurance

The Bermuda-based Everest Re Group announced that it has entered into discussions with Heartland Crop Insurance, Inc. regarding a potential acquisition of the Kansas-based company by Everest Reinsurance Holdings, Inc. or one of its affiliates. Everest Re said the “parties …

Madison Ranked Safest Metropolitan Area to Live

Madison, Wis., is the most secure U.S. community among large metropolitan areas (population of 500,000 or greater) according to the seventh annual Most Secure U.S. Places to Live rankings from Farmers Insurance Group of Companies. Olympia, Wash., is the most …

IMA Insurance Broker Launches Benefits Practice

To best help clients navigate the changing benefits landscape and a post-health care reform world, retail insurance broker IMA Inc. has created a benefits practice, IMA Benefits. IMA Benefits will be the new home of the benefits practice groups in …

Crop Bounty Spurs Construction Boom at Midwest Grain Elevators

A construction boom has been under way at grain elevators across the Great Plains, where farmers have grown more corn and opted to keep more of the grain to meet the demand from ethanol plants. Storage capacity at the nation’s …

Lockton, Germany’s Funk Group Extend Service Pact

Two large privately-held and independent insurance brokers, U.S.-based Lockton and Germany’s Funk Group, said they will expand their risk management service alliance. Through the alliance, Funk will provide risk management support for Lockton clients in Germany, Switzerland, Austria and some …