Kansas Insurance Department to Take Over Physicians Standard Insurance Company
The Kansas Department of Insurance issued the following news release:
On Tuesday, August 20, the Shawnee County District Court in Topeka, Kansas, signed an order placing Physicians Standard Insurance Company (PSIC) in rehabilitation under the supervision of the Kansas Insurance Department. The Order of Rehabilitation (Order) was entered with consent of the Board of Directors of PSIC. Pursuant to the Order, Kansas Insurance Commissioner Vicki Schmidt will serve as Rehabilitator.