Tennessee Department of Commerce and Insurance (TDCI) News

Tennessee Insurance Dept. Receives NAIC Accreditation

The Tennessee Department of Commerce and Insurance (TDCI) has received accreditation from the National Association of Insurance Commissioners (NAIC). The NAIC is the U.S. standard-setting and regulatory support organization created and governed by the chief insurance regulators from the 50 …

Ex-FEMA Spokeswoman Dennis Tapped as TDCI Assistant Director of Communications

The Tennessee Department of Commerce and Insurance (TDCI) has appointed Abbey Dennis as assistant director of Communications & External Affairs. Dennis most recently served as the deputy press secretary to the Federal Emergency Management Agency (FEMA) in Washington, D.C.. Additionally, …

Huddleston Named Director of Tennessee Insurance Department’s Insurance Division

The Tennessee Department of Commerce and Insurance (TDCI) has promoted Bill Huddleston to TDCI’ s director of the Insurance Division. Huddleston, a longtime Nashville resident, has served in the department since 2014 and has previous experience in banking, public accounting, …

Tennessee Touts Insurance Market Growth; Cites $31M Recovered for Consumers

More than $31.4 million was located and returned to Tennesseans in combined life insurance benefits/annuities and monies returned through the department’s mediation efforts in 2019, according to the Tennessee Department of Commerce & Insurance (TDCI). In all, TDCI said: $27.2 …

Tennessee Approves 7% Decrease for Workers’ Comp Rates

Workers’ compensation rates in Tennessee will go down again next year, marking the seventh consecutive year of decreases, according to the Tennessee Department of Commerce and Insurance. Commissioner Hodgen Mainda approved a 7.1 percent overall loss cost decrease for 2020 …

Tennesse Governor-Elect Reappoints McPeak as Insurance Commissioner

Tennessee Insurance Commissioner Julie Mix McPeak will continue to serve as the state’s top insurance regulator, according to a statement from Governor-elect Bill Lee. Lee announced four appointments this week to his cabinet for departments including Commerce and Insurance, Financial …

Tennessee Approves 19% Decrease in Workers’ Comp Rates

Workers’ compensation rates in Tennessee will decrease by nearly 20 percent next year, marking the sixth consecutive year of decreases, according to a statement from the Tennessee Department of Commerce and Insurance. TDCI Commissioner Julie Mix McPeak approved a 19 …

19% Workers’ Comp Rate Decrease Proposed for Tennessee

The National Council on Compensation Insurance (NCCI) has filed for a 19.1 percent decrease for workers’ compensation voluntary market loss costs in Tennessee – the largest recommended decrease since reforms to the state’s workers’ compensation system were passed in 2013. …

Tennessee Issues $12K in Fines, Revokes Licenses of 3 Insurance Producers

Three former Tennessee insurance producers who violated provisions of Tennessee’s insurance law have been hit with civil penalties totaling $12,000 and forced to surrender or have revoked their insurance licenses, according to a statement from the Tennessee Department of Commerce …

NCCI Files 12% Decrease for Tennessee Workers’ Comp Loss Costs

Workers’ compensation rates in Tennessee are going down again next year. The Tennessee Department of Commerce and Insurance (TDCI) announced this week that the National Council on Compensation Insurance (NCCI) is seeking a loss cost reduction of over 12 percent …