Kansas News

Lockton Expands Brokerage Operation to Phoenix

Lockton, a large privately held insurance brokerage firm headquartered in Kansas City, Mo., has opened a Phoenix office. The new office marks its twentieth in the United States and its forty-sixth location globally. Todd Newton, senior vice president and a …

Kan. Receives Disaster Declaration for Winter Storm

Federal officials have approved the state’s request for a disaster declaration in the wake of the December winter storm that left much of the state without power. Officials placed the cost of the storm, which brought thick ice and snow, …

Kan. Insurance Claims Drop Despite Massive Storms

A tornado wiped out 95 percent of Greensburg. Hailstorms rattled the south-central part of the state, damaging roofs. An ice storm crippled the state. With all the large-scale weather events to hit Kansas last year, it would seem likely that …

Kan. Governor Selects New Attorney General

Stephen Six is taking over as the new Kansas attorney general. Six replaces Paul Morrison, who’s leaving office because of a sex scandal. The 42-year-old Douglas County judge took the oath of office at 10 a.m., Thursday, Jan. 31st in …

Kan. Disaster Bill Advances in Senate

A bill providing $12 million over three years to help flood and tornado damaged rural communities rebuild gained first-round approval Tuesday in the Senate. A final vote of approval sends the bill to the House. Starting in the fourth year, …

Ambulance Co. Loses Insurance, 23 Miss. Counties in State of Emergency

Mississippi health officials hoped to come with a plan last week to restore ambulance service in 23 counties left hanging when Alabama-based Emergystat shut down. Emergystat, based in Vernon, Ala., notified Mississippi officials Jan. 23 that it had halted operations. …

Ascension to Acquire Calif.-based Pan American Underwriters

Ascension Insurance Inc. signed an agreement to acquire the assets of the California -based insurance agency, Pan American Underwriters Inc. Pan American is a wholly owned subsidiary of PAULA Financial (Pink Sheets:PFCO). The board of directors of PFCO voted on …

Regulators Address the Politics of Underwriting

There is an X-factor in setting insurance rates that even actuaries would have a hard time calculating: Politics. For those who serve as their state’s ultimate authority on what factors insurers can use to raise or lower rates, political calculations …

ISO: Insurers to Pay $6.5 Billion in 2007 Catastrophe Claims

U.S. property/casualty insurers are expected to pay homeowners and businesses $6.5 billion for 2007 property losses from 23 catastrophes — the eighth lowest cost in a decade and the seventh lowest frequency for the same period, according to preliminary analysis …

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. Personal Lines Insurance Agents E&O Nuts & Bolts: Travis-Pedersen & Associates of Arizona, LLC is …