Kansas Insurance Commissioner Sandy Praeger says her office collected a record $15.1 million last year for consumers in disputes with insurance companies. Praeger said the previous record was $13.6 million, set in 2005. The increase in recoveries for consumers occurred …
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 …
Assurex Global, a worldwide network of independent insurance brokers, named its newest and 52nd chairman of the board. Bill Jeatran, chief executive officer of RJF Agencies, Minneapolis, Minn., succeeds Paul J. Hering, who is the managing principal and CEO of …
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. Small Residential General Contractors Nuts & Bolts: NSM Insurance Group is offering coverage for general …
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 …
State officials say the traffic death count in Kansas has hit a 15-year low. The Kansas Department of Transportation says 404 people died in Kansas crashes in 2007, down 13 percent from 468 fatalities in 2006. KDOT traffic safety chief …
A proposal to regulate the resale of life insurance policies, which former Insurance Commissioner Jim Poolman played a key role in drafting, was not subject to improper outside pressure, a national regulatory agency has concluded. Opponents of the measure, joined …
Jurors sided with oil giant BP Corp. North America Inc. Monday in a pollution lawsuit filed by the city of Neodesha seeking to recover the costs of cleanup and damages caused by an oil refinery. Jurors hearing the case in …
St. Louis, Mo.-based Keystone Mutual Insurance Co. recently announced that it is accepting applications from Missouri physicians for professional liability insurance upon being awarded a license Dec. 31 by the Missouri Department of Insurance, Financial Institutions & Professional Registration. “We’re …
Damage from an ice storm that hit Kansas in early December pushed the 2007 total to more than $625 million in reimbursable losses. But the state adjutant general’s office warned Wednesday that the numbers would likely be much higher for …
