Kansas News

People

Wells Fargo Insurance Services of Minnesota Inc. named Gina Samland managing director for its Nebraska, Iowa, and Kansas City, Kan., operations. She is based in the Omaha, Neb., office. In her new role, Samland is responsible for operations, carrier relationships, …

House Passes Surplus Lines Reform Legislation

The House of Representatives passed HR 2571, the Non-Admitted and Reinsurance Reform Act of 2009, on Sept. 9. The bill, authored by Reps. Dennis Moore, D-Kan., and Scott Garrett, R-N.J, will simplify the tax remittance and compliance responsibilities surplus lines …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Misc. Medical Malpractice Market Detail: NAS Insurance Services Inc. gives agents the ability to provide …

Ratings Recap: Berkley (Notes), Integon/Maiden, American Southern, Odyssey Re, Westward

Standard & Poor’s Ratings Services has assigned its ‘BBB+’ senior debt rating on W.R. Berkley Corp.’s proposed issue of approximately $300 million senior unsecured notes, which are due in 2019. WRB will use the net proceeds of the issue to …

House Passes Surplus Lines Reform Legislation

The House of Representatives passed HR 2571, the Non-Admitted and Reinsurance Reform Act of 2009 on Wednesday. The bill, authored by Reps. Dennis Moore, D-Kan., and Scott Garrett, R-N.J, will simplify the tax remittance and compliance responsibilities surplus lines brokers …

Sinkholes Create a Void in Insurance Coverage for Kansas Residents

State insurance officials say residents in a Hutchinson, Kan., neighborhood that will be bought out because of the potential for sinkholes likely won’t see an increase in their insurance premiums. On the other hand, the homeowners probably won’t be able …

People

Markel Corp. has promoted Henry Lopez to president for Markel Midwest. Lopez has served as executive vice president for the Midwest region since November 2008. He joined Markel in 1995 as a financial analyst and has held a variety of …

Rates, Claim Frequency Still Declining in Workers’ Comp; Medical Costs Rise

States Are Not Equal in Handling Worker Injuries Prices for workers’ compensation insurance in the United States declined in 2008 and, in general, that trend is likely to continue in throughout 2009, according to the National Council on Compensation Insurance …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Waste Operations Program Market Detail: Five Star Specialty Programs’ waste operations program offers a comprehensive …

Top 25 Workers’ Comp Insurers Show 36% Increase in Average Direct Premium Written

Results Based on Insurers’ Growth June 30, 2009, versus June 30, 2008 As I write this article, the unemployment rate in the United States was reported to be 9.4 percent as of the end of July. Gross Domestic Product (GDP) …