Kansas News

Agents Speak Out on ‘Putting Back the Pieces’ After Brooke

Brooke Group Declares Bankruptcy, Faces Rico Charges, More Lawsuits Technically, Brooke Franchise owes me $7 million, but who knows if I will ever see it,” said Roger Cunningham, former Brooke franchisee and agent/ owner of RKC Financial in the Dallas/Ft. …

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. Mono-line Property for Coastal Exposures Market Detail: CATalyst Property Insurance from Venture Programs gives agents …

Willis HRH Appoints Leaders for South Central and West Regions

Willis HRH, the North American retail division of Willis Group Holdings, the global insurance broker, has named Mike Phillips as regional growth leader for its South Central Region and David Hofele as regional growth leader for its West Region. Phillips …

Nebraska Insurance Agency Faces Probe for Alleged Ponzi Scheme

An alleged Ponzi scheme by a Grand Island insurance agency that recently filed bankruptcy listing more than $100 million in debt is being investigated. Attorney General Jon Bruning this week authorized the State Patrol’s investigation into First Americans Insurance Service …

Liberty Mutual Drops Direct Sales to Middle Market Businesses; Puts Faith in Independent Agents

Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Since it couldn’t beat independent agents and brokers — who dominate sales in this segment — Liberty Mutual has decided to join them. …

Smaller Businesses Worry New Toy Safety Law Goes Too Far

Makers of handmade toys, secondhand stores and others who make or sell children’s products fear that new government regulations could soon put them out of business. At issue is the Consumer Product Safety Improvement Act, passed by Congress last year …

Nebraska Could Be Next State for Fire-Safe Cigarette Law

Nebraska has fallen out of the mainstream when it comes to smoking-related laws, but that could change. Thirty-seven states have passed laws requiring that all cigarettes sold in their states be fire-safe. Nebraska is not among them, but the state …

Newly-Launched Vortex Insurance Offering Weather Risk Insurance

MSI GuaranteedWeather, LLC, a provider of weather risk management products, has formed Vortex Insurance Agency, LLC in Overland, Kansas to sell weather risk insurance products to businesses. The weather risk line is being offered in cooperation with Mitsui Sumitomo Insurance …

Former Iowa Commissioner Vaughan Named CEO of State Regulators’ NAIC

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, …

La. Ranks High For Safe Driving Laws, Other S.C. States, not so Much

A new report finds Louisiana is among 15 states to have made progress in enacting key highway safety laws. Arkansas, Oklahoma and Texas did not fare so well. The 55-page study was done by Advocates for Highway and Auto Safety, …