Kansas News

Ratings Roundup: Park, Atradius, Lackawanna, Farmers Mutual (MI & KS)

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Park Assurance Company of Burlington, VT, both with stable outlooks. “The ratings reflect Park’s strong balance sheet, excellent liquidity and conservative …

Group Rates States on Consumer Insurance Information on Web

A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in 6 states were found to be “excellent” in …

California Warns Consumers of Brooke Policies

California Insurance Commissioner Steve Poizner encouraged consumers who have purchased insurance policies through Brooke franchises to verify their coverage, in light of recent closures at Brooke. It is unlikely that an insurance policy held by a California resident will be …

Oklahoma Plant Still Closed After Blast

A scrap metal yard near in Arkoma, Okla., near the border with Arkansas, remained closed after an artillery shell exploded, critically injuring an Arkansas man. Steve Fontenot, of Fort Smith, Ark., man was still in critical condition Nov. 5, two …

Kansas Lawsuit Over Fatal Team Bus Accident Remains Uncertain

The last time Kansas hosted Kansas State in football, the 2006 game was marred by a fatal accident involving the Cat Tracker bus, a modified Kansas State football fan bus. A negligence lawsuit was filed last year in Douglas County …

Kan. Insurers That Cover Drivers With Foreign Licenses Spark Debate

While some immigrants may not be able to get a driver’s license in Kansas, they can get car insurance. The Wichita Eagle reported on Nov. 2 that at least two insurance companies in the state offer policies to motorists with …

Brooke Corp.’s Two Prospective Buyers Say No to Deal

Kansas-based Brooke Corp. laid off most of its staff after a prospective buyer withdrew an offer to purchase the financial services holding company. The Overland Park-based company and Brooke Capital Corp. filed for Chapter 11 bankruptcy protection on Tuesday Oct. …

Brooke Corp. Troubles Continue as Stock is Sold

Kansas Franchise Group Faces Lawsuits in Multiple States Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has taken control of 44.3 …

It Figures

$23 Million Iowa is set to receive another $23 million in federal money to repair flood damaged roads and bridges. The funds are part of $690 million being divided up among 28 states by the U.S. Department of Transportation for …

Aon Consulting announced that Mark Arian has joined the firm as executive vice president and leader of the Aon Consulting Corporate Transactions group, focusing on mergers and acquisitions. Arian and his team will be responsible for helping clients shape strategies …