Latest Tennessee Headlines

Tenn. Posting Doctors’ Malpractice Information Online

Feb 15 2007 // The state of Tennessee is now making sure doctors report all their malpractice claims so they can be posted on the Tennessee Department of Health’s Web site for the public to see. A recent investigation by WTVF-TV in...

Tenn. Rakes in Penalties from Workers’ Comp Complaints

Feb 9 2007 // Tennessee’s Workers Compensation Penalty Program has collected close to $300,000 in penalties from insurance carriers and employers since it was created in 2004, officials said. In its first year, the program...

New insurance commissioner in Tennessee

Jan 29 2007 // Tennessee Governor Phil Bredesen has named a Nashville attorney, Leslie Shechter Newman, as commissioner of the Department of Commerce and Insurance. She succeeds Paula Flowers, who recently resigned. Newman is a partner...

Business Moves

Jan 28 2007 // Goldman Sachs, USI Holdings Big insurance broker USI Holdings Corp. agreed to be acquired by GS Capital Partners, a private equity affiliate of Goldman, Sachs and Co., in a transaction valued at approximately $1.4 billion,...

News Currents

Jan 28 2007 // New insurance commissioner in Tennessee Tennessee Governor Phil Bredesen has named a Nashville attorney, Leslie Shechter Newman, as commissioner of the Department of Commerce and Insurance. She succeeds Paula Flowers, who...

Tenn. Traffic Deaths Down Since Enactment of DUI, Seat Belt Laws

Jan 25 2007 // Traffic fatalities in Tennessee have gone down slightly over the past two years following the passage of two important driver safety laws, according to preliminary statistics from 2006. The state lowered the minimum...

Tenn. Gov. Bredesen Names Newman as Insurance Commissioner

Jan 15 2007 // Tennessee Governor Phil Bredesen has named a Nashville attorney, Leslie Shechter Newman, as commissioner of the Department of Commerce and Insurance. She succeeds Paula Flowers, who recently resigned. Newman is a partner...

Tenn. report highlights cost of defending medical malpractice claims

Jan 8 2007 // Most medical malpractice claims closed in Tennessee result in no payment of damages to patients and their families, according to a recent report. However, the approximately 16 percent of claims that were paid accounted for...

Tenn. report highlights cost of defending medical malpractice claims

Jan 7 2007 // Most medical malpractice claims closed in Tennessee result in no payment of damages to patients and their families, according to a recent report. However, the approximately 16 percent of claims that were paid accounted for...

Alfa Completes Virginia Mutual Conversion; Expands to Tenn.

Jan 3 2007 // Alfa Corp. has completed completion its previously approved plan of conversion and acquisition of Virginia Mutual Insurance Co. Virginia Mutual converted from a mutual company to a stock company and simultaneously has been...

Tennessee Insurance Broker Arrested on $1.8M Wire Fraud Charges

Dec 29 2006 // A Smithville, Tenn., insurance broker was arrested Dec. 27 on 15 federal counts of wire fraud, according to officials. According to the federal grand jury indictment, B. Don James defrauded investors of more than $1.8...

Most Tenn. Med-Mal Cases End in No Payout But Incur Defense Costs

Dec 26 2006 // Most medical malpractice claims closed in Tennessee last year resulted in no payment of damages to patients and their families, according to a recent report. However, the approximately 16 percent of claims that were paid...

Business Moves

Dec 10 2006 // Arthur J. Gallagher & Co Arthur J. Gallagher & Co. reports it has acquired Adams & Associates International, Ltd. of Columbia, S.C. Terms of the transaction were not disclosed. Adams & Associates...

SIAA Master Agency Established in Northern Tenn.

Dec 4 2006 // Strategic Independent Agents Alliance (SIAA) announced that Cumberland Insurance Group, LLC of Cookeville, Tenn. has established Independent Agents Alliance of Tennessee as an SIAA Master Agency. As a master agency, the...

Athens, Tenn. Leaders Accused of Withholding ISO Fire Rating

Nov 26 2006 // The City Council is calling for an investigation after its members claimed the mayor, manager and other officials improperly withheld correspondence about the city’s fire insurance rating. Council member Shannon...

Tenn. Report: Medical Malpractice Payments Rise

Nov 21 2006 // Insurers paid out about 14 percent more in Tennessee medical malpractice cases in 2005 than the year before, a state study released found. Insurers paid out $119 million in settlements last year and another $6 million for...

People and Places

Nov 20 2006 // Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered in...

Nov 19 2006 // People Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered...

Moran Named Insuror of the Year by Insurors of Tennessee

Oct 27 2006 // Louis S. Moran, III, of Inter-Agency Insurance in Knoxville, was named Insuror of the Year at the Insurors of Tennessee 113th Annual Convention in Nashville. The Insuror of the Year is the highest honor the association...

Tenn. Yanks Benefit Firm CEO’s Licenses

Oct 17 2006 // Tennessee officials have pulled the insurance and securities licenses of the chief executive officer of a benefits company, claiming he held money for various clients and cannot account for those funds. Tennessee...