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Kansas-based Physicians Standard placed into rehabilitation

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Kansas-based Physicians Standard placed into rehabilitation

A district court in Kansas has signed an order that places Physicians Standard Insurance Co. into rehabilitation.

Vicki Schmidt, the state's insurance commissioner, will be the rehabilitator, while the insurance department will serve as the supervisor.

The order of rehabilitation was signed with the consent of Physicians Standard's board. The insurer will continue to operate and its current policies will stay effective.

Physicians Standard offers medical malpractice insurance for medical professionals in Kansas and Missouri.