Kansas News

Kansas Debates Ignition Lock Reporting Amendment

Some fear a proposed amendment to a drunken driving bill would make it easier for DUI offenders to avoid getting a device that prevents them from starting their vehicles if they have had too much to drink. That’s because the …

Declarations

Scrubbing ‘Gotcha’ Clauses “Our goal is to scrub ‘gotcha’ clauses out of insurance contracts before they’re sold to Michigan consumers.” —Michigan Office of Financial and Insurance Regulation Commissioner Ken Ross is requiring insurance companies to submit to OFIR all new …

Aon Founder Comes Out of Retirement to Launch Global Wholesaler

The founder and retired chairman and CEO of the world’s largest insurance broker, Aon, has revealed the management team and a second subsidiary for his new global specialty insurance operation whose first company was unveiled in December. Pat Ryan announced …

Kansas Insurance Commissioner Honored by American Medical Assoc.

Kansas Insurance Commissioner and former National Association of Insurance Commissioners President Sandy Praeger was honored with the American Medical Association’s (AMA) top government service award for an elected statewide official. Nominated by Roger Sevigny, NAIC most immediate past president and …

America First Launches Online Learning Center for Appointed Agents

America First Insurance, a Liberty Mutual Agency Markets regional company headquartered in Richardson, Texas, has introduced an online Agent Learning Center for its appointed agencies. First American appointed agents can now register for classroom workshops and participate in virtual or …

Kansas Insurance Chief Opposed to Interstate Health Insurance Options

Kansas Insurance Commissioner Sandy Praeger has joined colleagues from two other states in opposing interstate health insurance options. Praeger, along with state insurance commissioners from Oklahoma and West Virginia, warned that interstate options could increase costs and destabilize local markets. …

Nebraska-Based Survey Suggests Midwest Economy Is Improving

The February Business Conditions Index for the Mid-America region, a leading economic indicator from a survey of supply managers in a nine-state area, rose for a third straight month pointing to improving economic growth in the months ahead, according to …

Kansas Storm Related Losses in 2009 Surpass Those of Previous Year

Insured losses in Kansas in 2009 that resulted from storms are higher than the record set during 2008, the Kansas Insurance Department reports. In 2009, storm-related losses based on some 137,000 insurance claims are estimated at $602 million. The losses …

Heat Builds on Kansas House Speaker over Insurance-Related Lawsuit

Democrats in the Kansas House demanded Feb. 24 that its Republican speaker remove himself and his law firm from a lawsuit against the state, threatening “formal action” if he doesn’t comply. Six Democrats sent a letter to Speaker Mike O’Neal, …

Aon Founder Ryan Launches Specialty Wholesale Insurance Group

The founder and retired chairman and CEO of the world’s largest insurance broker, Aon, has revealed the management team and a second subsidiary for his new global specialty insurance operation whose first company was unveiled in December. Pat Ryan announced …