Kansas News

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Mark Allen and Christy Davies-Downing have joined the Wichita, Kan., office of insurance broker IMA Inc. as sales executives. Allen has extensive sales experience as an entrepreneur and in other industries, including technology. He holds a bachelor’s degree in business …

Marsh & McLennan Agency Acquires Midwest-Based Haake Cos.

Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., has acquired Haake Companies, a large independent insurance agency headquartered in Overland Park, Kan. Terms of the transaction were not disclosed. Established in 1926, Haake Companies has annual …

Ratings Recap: Mass. Homeland/York, Rockhill, Paratransit, MGA,

A.M. Best Co. has placed the financial strength ratings of ‘A’ (Excellent) and issuer credit ratings of “a” of Massachusetts Homeland Insurance Company and York Insurance Company of Maine under review with negative implications. Best took the rating actions following …

Kansas City Agent Convicted of Fraud Sentenced to 15 Years in Jail

The Kansas Insurance Department (KID) reported that a former Kansas City-area insurance agent has been convicted on federal charges of insurance and mortgage fraud, and handed a 15-year jail term. Investigators from the KID Anti-fraud Division provided federal authorities with …

Kansas State Fair Wants to Opt Out of Workers’ Comp Pool

Kansas State Fair officials are asking the legislature to allow the fair to opt out of the state workers’ compensation insurance pool. Fair officials want to be able to buy insurance from a private company, but state law requires state …

IMA Adds Allen, Davies-Downing in Wichita, Kansas, Office

Mark Allen and Christy Davies-Downing have joined the Wichita, Kan., office of insurance broker IMA Inc. as sales executives. Allen has extensive sales experience as an entrepreneur and in other industries including technology. He holds a bachelor’s degree in business …

Midwest Cities Say New FEMA Flood Maps Are Full of Errors

More than a year and a half after a massive flood left a huge swath of eastern Iowa underwater, the tiny farming community of Oakville is clinging to survival. Many of the town’s 400-or-so residents moved on after the June …

People

Steve Crawford has been named president and chief executive officer at Grinnell Mutual Reinsurance Co., located in Grinnell, Iowa. For the past two years, Crawford has served as the company’s chief operating officer. During Crawford’s 34-year career at Grinnell Mutual …

3 Midwest States Recover Nearly $39M for Insurance Consumers

Missouri, Kansas and Michigan collectively recovered nearly $39 million from insurance companies on behalf of consumers in 2009. Recoveries are funds returned to policyholders through settlement of claims disputes with insurers, based on inquiries and formal complaints. The Missouri Department …

Workers’ Comp Reform High on Oklahoma GOP Legislative Agenda

Reforming Oklahoma’s workers’ compensation system will be among the top legislative goals for Republican lawmakers in 2010. GOP leaders in the state Senate and House of Representatives say overhaul of the workers’ compensation system is essential to economic development. Republicans, …