Kansas News

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Former Iowa Insurance Commissioner Therese M. Vaughan, Ph.D., has been named chief executive officer of the National Association of Insurance Commissioners (NAIC), effective Feb. 18, 2009. Vaughan replaces Catherine J. Weatherford, who left the NAIC in July 2008. Andrew Beal, …

People

Former Iowa Insurance Commissioner Therese M. Vaughan, Ph.D., has been named chief executive officer of the National Association of Insurance Commissioners (NAIC), effective Feb. 18, 2009. Vaughan replaces Catherine J. Weatherford, who left the NAIC in July 2008. Andrew Beal, …

Business Moves

Liberty Mutual, Wausau Liberty Mutual Group, which sells insurance both direct and through independent agents, is discontinuing direct distribution to mid-sized businesses and now plans to distribute its commercial property/casualty insurance products in the middle market exclusively through independent agents …

People

Linda Timmons has been promoted to director of communications for the Independent Insurance Agents of Texas (IIAT). In this position, Timmons will manage the organization’s internal and external communications, publications and Web site. She previously served as communications manager for …

Study Unveils Target Areas for Flood Policy Sales

But Selling More at Subsidized Premiums Could Sink Flood Program There are a number of communities across the country where more flood insurance policies should be sold given their populations and flood risk. They include dozens of counties that have …

Speculation Resumes on Kansas Gov. Sebelius for Obama Health Post

A top aide says Gov. Kathleen Sebelius remains focused on serving Kansas, amid new speculation about a federal Cabinet appointment. But spokeswoman Beth Martino also declined to say the governor wouldn’t be interested in serving as President Barack Obama’s health …

America First Appoints Stricklen to Head Farm & Ranch Division

America First Insurance, a Liberty Mutual Agency Markets regional company based in Richardson, Texas, has appointed Stephen Stricklen to assistant vice president, Specialty Products. In this position Stricklen will manage the company’s new Farm & Ranch Division, as well as …

State Regulators Deny Life Insurers’ Bid for Looser Capital Requirements

State insurance regulators voted against a proposal to loosen capital requirements for the battered life insurance industry, shooting down hopes for up to $30 billion in relief. The National Association of Insurance Commissioners (NAIC), a group representing regulators in all …

Hub’s Forystek Named President of Missouri’s UMB Insurance

Kansas City-based UMB Financial Corp. reported that Roger Forystek has joined the company as president of its insurance subsidiary, UMB Insurance. He will be responsible for overseeing the insurance company and managing growth of insurance sales and distribution. Forystek has …

Kansas Insurance Department Recovered $13.8 Million in 2008

Kansas Insurance Commissioner Sandy Praeger’s office said it helped thousands of Kansas consumers settle disputes with their insurance companies in 2008, recovering more than $13.6 million in insurance claims for policyholders. The recoveries are funds returned to policyholders through settlement …