November 2, 2008
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. Eliminate Forced Placed Coverage Market Detail: John-Galt (SafetyNet) introduces a new insurance product eliminating force-placed …
November 2, 2008
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 …
November 2, 2008
$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 …
October 29, 2008
Several news organizations are reporting that Brooke Corp. and Brooke Capital Corp. have filed for Chapter 11 in Bankruptcy Court in Kansas as of Tuesday, Oct. 28. The company had lawsuits pending, including the Bank of New York Mellon and …
October 28, 2008
Two Kansas businessmen, one in banking and the other in insurance, have made an offer to purchase the assets of the troubled Brooke Insurance Corp. In an interview with Insurance Journal, Albert Riederer, who is the Special Master appointed by …
October 23, 2008
Courts have tossed about 30,000 asbestos injury claims to comply with an Ohio Supreme Court ruling that upheld limits on such cases, but people whose lungs begin showing evidence of damage could refile their cases, a judge said on October …
October 21, 2008
Steadily rising numbers in Kansas vehicle accidents involving deer have prompted a need for constant defensive driving this fall, according to Sandy Praeger, Commissioner of Insurance. More than 200 additional deer-vehicle accidents occurred on Kansas roads during 2007 than in …
October 21, 2008
An Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has taken control of 44.3 percent of Brooke’s stock. Trim Creek LLC of Crete, Ill., now owns 6.43 million shares of Brooke’s …
October 20, 2008
The Kansas Insurance Department is following up on consumer inquiries and closely monitoring the legal issues surrounding Brooke Corp. and its insurance related affiliates, said Sandy Praeger, Commissioner of Insurance and National Association of Insurance (NAIC) president.. Commissioner Praeger said …
October 20, 2008
American International Group Inc. (AIG) elected Edward M. Liddy as chairman and CEO. Liddy, 62, succeeds Robert B. Willumstad. Stephen F. Bollenbach, who was named lead independent director in June 2008, continues in that role. Liddy joined the private equity …