2004 News Releases

For Additional Information, contact Bob Hanson - Public Information Officer: 785-296-7807 or contact him by email at commissioner@ksinsurance.org.

All news releases are in pdf format unless otherwise indicated.

Click here for high-resolution photos of Sandy Praeger suitable for publications.

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2004 News Releases

Dec 6

NAIC members, on December 5, elected four officers for 2005 during the NAIC Winter National Meeting in New Orleans. Elected Secretary-Treasurer was Kansas Insurance Commissioner Sandy Praeger. Also elected were Pennsylvania Insurance Commissioner Diane Koken as NAIC president, Maine Insurance Superintendent Alessandro Iuppa as president-elect, Oregon Insurance Administrator Joel Ario as vice president.

Oct 13
PRAEGER AND BIGGS ISSUE WARNING ABOUT VIATICAL INVESTMENTS
Commissioners Investigate Marketing Practice of Mutual Benefits Corporation

Kansas Insurance Commissioner Sandy Praeger and Securities Commissioner Chris Biggs are issuing a warning to Kansans who have invested in viatical investment products sold by the Mutual Benefits Corporation of Fort Lauderdale, Florida.

Sept 27
NAIC ADOPTS AMENDMENTS TO MEDICARE MODEL LAW
Model now complies with Medicare modernization Act; can be implemented by states

The National Association of Insurance Commissioners (NAIC) has adopted amendments to its Model Regulation to Implement the NAIC Medicare Supplement Insurance Minimum Standards Model Act to make it compliant with the Medicare Modernization Act (MMA), which was passed by Congress last year.

Sept 24
COMMISSIONER PRAEGER APPOINTED TO NATIONAL POST
Kansas Commissioner is Tapped for NAIC Leadership Role

Kansas Insurance Commissioner Sandy Praeger has been appointed to the National Association of Insurance Commissioner's Internal Administration Subcommittee.

Sept 9
NEW HOME & AUTO INSURANCE GUIDES AVAILABLE
Commissioner Praeger Offers Vital Information to Consumers

Kansas Insurance Commissioner Sandy Praeger today announced two new handbooks and shoppers' guides designed to assist consumers with questions about homeowners/renters insurance and auto insurance.

August 26
CLASS ACTION LAWSUIT RESULTS IN INSURANCE SETTLEMENT
Commissioner Praeger Says Columbian Mutual Policyholders May Be Owed Benefits

Kansas Insurance Commissioner Sandy Praeger says some Kansas consumers may be entitled to a settlement from Columbian Mutual Life Insurance Company or Golden Eagle Mutual Life Insurance Corporation.

August 24
COLLEGE STUDENTS URGED TO CHECK INSURANCE COVERAGE
Commissioner Praeger Reminds Students to Review Renters/Health Policies

The back-to-school season has college students making shopping lists for books, clothing and apartment and dorm essentials. Kansas Insurance Commissioner Sandy Praeger says those checklists should include a review of renters and health insurance policies.

July 26
2003 GUIDE REVIEWS INSURANCE COMPLAINTS
Commissioner Praeger Issues Complaint Ratio Report

Kansas Insurance Commissioner Sandy Praeger today released the 2003 Consumer Complaint Ratio Report that monitors insurance companies doing business in Kansas. During 2003, the Kansas Insurance Department closed 5,219 complaints involving insurance companies.

July 1


Attorney General Phill Kline filed suit today against a Florida company for alleged violations of the Kansas Consumer Protection Act and the Kansas Discount Card Act. The suit is the result of an investigation by Attorney General Kline's Consumer Protection and Antitrust Division and the office of Kansas Insurance Commissioner Sandy Praeger
.

June 18
INSURANCE DEPARTMENT TO AWARD SCHOLARSHIPS
Commissioner Praeger Designates Funds for African-American Students

Kansas Insurance Commissioner Sandy Praeger announced today that the Kansas Insurance Department is offering twelve $1,000 scholarships to African-American students who have taken courses necessary to successfully complete the first or second actuarial qualification examination. The scholarships are funded by a settlement from Monumental Life. The money may be used for tuition, books or the actuarial exam fees.

May 25

SMALL BUSINESSES TO BE SURVEYED ABOUT HEALTH INSURANCE

This week approximately 1,800 small business employers across the state will receive a survey in the mail that could help policymakers find ways to make health insurance more accessible and affordable in Kansas.

May 24
COMMISSIONER PRAEGER EXPANDS ANTI-FRAUD EFFORT
More Than 250 Cases Under Investigation by Insurance Department

Kansas Insurance Commissioner Sandy Praeger today announced the expansion of the Department's movement to investigate insurance fraud and educate Kansas consumers about protecting themselves from illegal activity.

May 14
HEALTH SAVINGS ACCOUNTS WILL SOON BE AVAILABLE TO KANSANS
Commissioner Praeger Offers Overview of HSAs

Kansas Insurance Commissioner Sandy Praeger says high deductible health insurance to be sold in conjunction with Health Savings Accounts (HSA) will soon be available in Kansas, after the Kansas legislature authorized compliance with the plan approved by Congress. An HSA is a tax-sheltered savings account similar to an IRA, but the money is exclusively earmarked for medical expenses.

Feb 6
PRAEGER TABBED FOR NATIONAL LEADERSHIP ROLE
Insurance Commissioner Appointed to Executive Committee

Kansas Insurance Commissioner Sandy Praeger has been appointed to the Executive Committee of the National Association of Insurance Commissioners. She has also been selected to serve as Chair of NAIC's Health Insurance and Managed Care Committee which is charged with reviewing all aspects of health care, including developing regulatory standards, monitoring state and federal senior health care initiatives and overseeing managed health care reforms.

Feb 3
PRAEGER WARNS ABOUT "DISCOUNT HEALTH CARDS"

Kansas Insurance Commissioner Sandy Praeger warns consumers to beware of companies soliciting discount health cards. Solicitations in Wichita appear to target the Hispanic Community. These so-called health care plans offer family benefits and coverage for as little as $40 to $100 per month and boast that there are no limits on age, usage or pre-existing conditions. The solicitation of these cards frequently comes by facsimile and e-mail.

Jan 28
PRAEGER HOSTS KANSAS DAY ACTIVITIES
Open House Will Feature Children's Comments on Kansas

Kansas Insurance Commissioner Sandy Praeger is hosting an open house to celebrate Kansas' 143rd birthday on Friday, January 30 at the Kansas Insurance Department, 420 SW Ninth Street in Topeka. The public is invited to attend the celebration from 1:00 to 3:00 p.m.

Jan 16
PRAEGER PROPOSES SCHOLARSHIPS FOR MINORITY STUDENTS
Insurance Commissioner Says Settlement Money Should Support
African-Americans

Kansas Insurance Commissioner Sandy Praeger announced today that the Kansas Insurance Department has received a settlement of nearly $13,000 from the Monumental Life Insurance Company of Baltimore, Maryland. The payment is a result of a multi-state market conduct examination showing that companies purchased or acquired by Monumental engaged in race-based pricing of their life insurance policies. The cost of policies sold to African-Americans were significantly higher than those sold to other policyholders.

Jan 13
KANSANS ENCOURAGED TO "GET SMART" ABOUT INSURANCE
Insurance Commissioner Sandy Praeger Sponsors Get Smart About Insurance Week

Every January, Americans resolve to "exercise more" or "lose weight" in the coming year, but most likely "get smarter about insurance" is not at the top of their self-improvement resolution lists. However, setting this goal may be more important than one might think.

Jan 6
PRAEGER ANNOUNCES PROPOSED LEGISLATION
Consumer Protection Provisions Top Insurance Commissioner's Recommendations

Kansas Insurance Commissioner Sandy Praeger is asking Kansas lawmakers to approve two major consumer protection measures as part of her 2004 legislative agenda package.

Jan 2
FELONY CHARGES FILED AGAINST SELDEN INSURANCE AGENT
Kansas Insurance Department Fraud Unit Cooperates with Sheridan County Attorney

The Kansas Insurance Department, in cooperation with Sheridan County Attorney Mike Haas and the Kansas Attorney General's Office, has filed felony charges against a Selden, Kansas insurance agent.

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