Latest Tennessee Headlines

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...

Cover Tenn. Health Plan to Restrict First Year Enrollment

Oct 12 2006 // The state is limiting first-year enrollment to the new Cover Tennessee health insurance program so it will have a stronger base before opening the doors to other low-income adults the following year, state Finance...

Tenn. Ethics Panel Powerless to Probe Travel Assured Ties

Sep 17 2006 // Ethics panel can’t take up complaints over travel insurance Received by Newsfinder from AP Sep 14, 2006 12:17 Eastern Time NASHVILLE, Tenn. (AP) _ Consumers want the state’s new Ethics Commission to investigate...

Tenn. Latest State to Order Travel Firm to Halt Insurance Sales

Sep 10 2006 // Tennessee regulators ordered a Crossville-based travel firm already cited by three other states to stop selling trip interruption or cancellation benefits without an insurance license. Tennessee’s cease-and-desist...

Tenn. Builder Defends Superdome Roof in Katrina Suit

Sep 5 2006 // Bridgestone Corp. of Nashville, Tenn. says the force of Hurricane Katrina — not faulty installation of new roofing materials — caused the destruction of the roof of the Louisiana Superdome. The Louisiana Stadium &...

Ford license fight

Sep 4 2006 // Former Tennessee State Sen. John Ford is fighting to keep his license to sell insurance, but the Tennessee Department of Commerce and Insurance says the Memphis Democrat should be denied because he’s financially...

Ford Fights to Keep License to Sell Insurance in Tenn.

Aug 18 2006 // Former Tennessee State Sen. John Ford is fighting to keep his license to sell insurance, but the Tennessee Department of Commerce and Insurance says the Memphis Democrat shouldn’t because he’s financially...

Tenn. Professional Insurance Agents Elect Officers

Jun 26 2006 // William B. Oldham, III was elected president of the Professional Insurance Agents of Tennessee Inc. during the association’s annual convention in Orange Beach, Ala. Oldham is president of Oldham Insurance Inc. in...