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 …
October 20, 2008
Overland Park, Kansas-based Brooke Corp. faces a lawsuit by a bank seeking $13 million plus interest and costs for breach of contract. The suit was filed the last week in September 2008 in federal court in Illinois by First United …
October 13, 2008
Wausau, Wis.-based Wausau Signature Agency (WSA) has appointed two vice presidents to lead sales, service and marketing in the southern and northern regions of the U.S. Mark Miller has been promoted to vice president-South Zone. Miller joined WSA in 2003 …
October 6, 2008
A Missouri physicians’ group plans to build a new medical office building in Galena, Kan., citing lower malpractice insurance costs across the state line. Dr. Christopher Banwart, a member of Orthopedic Specialists of the Four States in Joplin, said Kansas’ …
October 6, 2008
Federal vs. stateโAIG “This argument is fundamentally flawed because it is based on a totally inaccurate assumption of facts. First and foremost, AIG is not an insurance company; it is a federally-regulated holding company under the jurisdiction of a federal …
October 6, 2008
State insurance commissioners have lashed out at members of Congress who are blaming state regulation for the problems of American International Group (AIG) and using the AIG crisis to bolster their advocacy for federal regulation. The state regulators spoke out …
October 3, 2008
A man convicted in five Kansas counties of selling insurance to elderly residents but pocketing tens of thousands of dollars in premiums has filed for bankruptcy. The Chapter 7 filing by Ronald Hummel of Hutchinson could release him from more …
October 3, 2008
Overland Park, Kansas-based Brooke Corp. faces a lawsuit by a bank that is seeking $13 million plus interest and costs for breach of contract. The suit was filed the last week in September 2008 in federal court in Illinois by …
September 26, 2008
State insurance commissioners have lashed out at members of Congress who are blaming state regulation for the problems of American International Group (AIG) and using the AIG crisis to bolster their advocacy for federal regulation. The state regulators spoke out …