September 25, 2008
After three days of deliberation in one of the longest jury trials ever held in Kansas, a jury in January left residents in a southeast city stunned. The panel had decided that the city of Neodesha was not entitled to …
September 22, 2008
$5 Million The Army Corps of Engineer says it has awarded a $5 million construction contract for a Fargo, N. D., flood project. The corps says the contract is going to Rising Sun Construction Inc., of Fargo for a project …
September 22, 2008
Almost forgotten in the drama of Hurricane Ike playing out on the Gulf Coast was the damage wrought in Oklahoma by the remnants of Tropical Depression Lowell. Severe flooding was reported after heavy rains inundated northwestern and north-central Oklahoma communities …
September 22, 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. Insurance Intermediary E&O Market Detail: Quadrant Insurance Managers makes available a professional liability program designed …
September 19, 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’ …
September 18, 2008
National Association of Insurance Commissioners (NAIC) President and Kansas Insurance Commissioner Sandy Praeger today issued the following statement regarding American International Group (AIG): In times of crisis, the first questions on everyone’s mind are often: Who’s to blame? What went …
September 17, 2008
The crisis surrounding giant insurer American International Group has reignited the debate within insurance circles over whether state or federal regulation is preferable. The parent AIG got into trouble with credit transactions that were beyond the oversight of state insurance …
September 16, 2008
State insurance officials from Pennsylvania and New York, where troubled American International Group’s insurance subsidiaries have a an estimated $120 billion in assets, are offering to assist AIG in raising much-needed cash by swapping its insurance subsidiaries’ liquid assets for …
September 15, 2008
Collective Brands Inc. says a federal judge in Oregon has reduced by almost 80 percent a judgment against the company in a trademark infringement case. The Topeka-based shoe maker and retailer, formerly known as Payless ShoeSource, said late Friday, September …
September 15, 2008
Rescuers searching the waterlogged streets and splintered houses left behind by Hurricane Ike in Galveston they had saved nearly 2,000 people – many of whom then boarded buses to shelters without knowing where they were going or when they could …