Recent measurements of Efimov resonances in a number of ultracold atom species have revealed an unexpected universality, in which three-body scattering properties are determined by the van der Waals length of the two-body interaction potential. To investigate whether this universality extends to heteronuclear mixtures, we measure loss rate coefficients in an ultracold trapped gas of $^{40}$K and $^{87}$Rb atoms. We find an Efimov-like resonance in the rate of inelastic collisions between $^{40}$K$^{87}$Rb Feshbach molecules and $^{87}$Rb atoms. However, we do not observe any Efimov-related resonances in the rates of inelastic collisions between three atoms. These observations are compared to previous measurements by the LENS group of Efimov resonances in a $^{41}$K and $^{87}$Rb mixture as well as to recent predictions.