Billionaire Boehly’s Allies Showered Money on Kansas Official Ahead of Regulatory Action

Todd Boehly and dozens of his associates contributed more than $300,000 to the Kansas insurance commissioner’s gubernatorial campaign, weeks before her office helped one of the billionaire’s companies win a delay of new capital rules.

A slew of Boehly’s companies, including Topeka-based Security Benefit Life Insurance Co., donated en masse in late December, joined by executives and their spouses and other relatives, Kansas records show. Commissioner Vicki Schmidt is in charge of regulating Kansas insurance companies and is seeking the Republican nomination for governor.