Tennessee News

FirstComp Launches BOP Policy in Nebraska, Tennessee, More States to Come

FirstComp, a division of Markel Service, Inc., has launched a new small business owner policy, FirstComp EssentialBOP, for FirstComp-appointed independent agents writing business in Nebraska and Tennessee. Availability in additional states is forthcoming. FirstComp EssentialBOP provides coverage for typical risks …

Tennessee Regulator Urges Caution With Home Medical Oxygen

The presence of portable, medical oxygen in the home has grown over the past decade — and so has the need for education about the fire hazards associated with its use, according to Tennessee’s insurance commissioner. Medical oxygen adds a …

Tennessee Regulators Say Insurers Weighing Shift in Roofing Policies

Tennessee regulators observed that in recent months, some property/casualty insurers in the state have filed to expand or shift their roofing policy terms to include actual cash value policies. As a result, Tennessee’s Department of Commerce and Insurance is reaching …

Tenn. Promotes Identity Theft Awareness, Plans ‘Free Shredding Event’

Tennessee’s Department of Commerce and Insurance and the Davidson County Sheriff’s office are teaming up to promote identity theft awareness. The two agencies will host a free shredding event from 10 a.m. until 2 p.m. Saturday, Oct. 13, at Lot …

American Family Acquiring Permanent General, Lumbermens Casualty

American Family Insurance, based in Madison, Wis., is acquiring Nashville, Tenn.-based PGC Holdings Corp. and its subsidiaries, including non-standard auto insurers Permanent General and The General. The agreement was announced by American Family and Capital Z Partners, majority owner of …

Tennessee Opens New Unit to Investigate Identity Theft Crimes

Tennessee’s safety department is creating a new unit to investigate identity theft crimes that local law enforcement agencies don’t have the resources to target. Commissioner of Safety and Homeland Security Bill Gibbons announced on Tuesday that the 14-member unit would …

Tennessee Spells Out Qualifications for Exempt Commercial Risk Policyholders

Tennessee regulators have issued a new form to allow large companies to qualify as an exempt commercial risk policyholder and purchase insurance that is not regulated by the state. As of July 1, a new section was added to Tennessee’s …

Judge Orders 3 Tennessee Attorneys to Repay Insurance Monies

A judge in Nashville has found three Memphis attorneys in contempt of court and ordered them to repay nearly $670,000 to people who thought they were buying health insurance. The Tennessean reported Davidson County Chancellor Ellen Hobbs Lyle ruled attorneys …

K2 Acquires Majority Stake in Midwestern

San Diego, Calif.-based managing general agent K2 Insurance Services LLC has acquired a majority stake in Midwestern Insurance Alliance Inc., an MGA based in Louisville, Ky. that underwrites workers’ compensation coverage with a focus on transportation. Terms of the deal …

Widow Sues Tennessee Veterans Hospital Over Husband’s Suicide

The widow of an Iraq war veteran from Tennessee claims in a lawsuit that the Veterans Affairs was negligent in failing to diagnose and treat his post-traumatic stress disorder before he committed suicide in 2008. The suit filed in federal …