Latest Tennessee Headlines
All the headlines from our Tennessee Topic Page, ordered by recency.
American Nat’l Lawyers Reciprocal Ratings Revised to ‘R’
Feb 13 2003 // Standard & Poor’s Ratings Services said it revised its counterparty credit and financial strength ratings on Tennessee malpractices insurer, American National Lawyers Insurance Reciprocal Risk Retention Group...
Tenn. Commissioner Briefs Lawmakers on Reciprocals in Receivership
Feb 11 2003 // Tennessee Commissioner of Commerce and Insurance Paula A. Flowers briefed the state’s House of Representatives on the department’s placement of three malpractice insurance reciprocals into...
Reciprocals Placed into Receivership in Tenn.
Feb 4 2003 // A Tennessee court granted the petitions of Insurance Commissioner Paula A. Flowers to place three insurance reciprocals that write malpractice insurance into receivership. Receivership will allow the state Commerce and...
Malpractice Insurers Placed Under Supervision in Tenn.
Feb 3 2003 // Tennessee Insurance Commissioner Paula A. Flowers announced that three malpractice insurers—Doctors Insurance Reciprocal RRG, American National Lawyers Insurance Reciprocal RRG and the Reciprocal Alliance RRG—were...
Flowers Takes Over as Tennessee Commissioner
Jan 21 2003 // Nashville attorney Paula A. Flowers is the new commissioner of the Tennessee Department of Commerce and Insurance. Appointed last December by then Governor-elect Phil Bresden, Flowers specialized in regulatory and...
They Did It Their Way
Dec 16 2002 // When you’re compiling a list of top 10’s, there is always the fear of leaving someone off, admitting someone who maybe does not deserve the billing or having the players out of order of importance. Believe me,...
No Loss Figures Yet for Storm-Ravaged States
Nov 13 2002 // It will be another day or two before State Farm Insurance Company will have information on the amount of insured losses resulting from a series of strong storms that hit eastern and southeastern states Nov. 10 and 11. At...
STATES SUE BANKS IN FRANKEL CASE
Aug 19 2002 // Five Southeastern states that lost $200 million to financier Martin Frankel’s reported insurance schemes filed suit against their banks, arguing those institutions should have been prepared for Frankel’s...
Five States Sue Banks in Frankel Case
Aug 7 2002 // Five Southeastern states that lost $200 million to financier Martin Frankel’s reported insurance schemes filed suit against their banks, arguing those institutions should have been prepared for Frankel’s...
Chicago’s Acordia Acquires Tenn. Broker, Forges Agreement with ConfirmNet
Apr 4 2002 // Acordia Inc., an insurance broker based in Chicago and a subsidiary of Wells Fargo & Company, recently confirmed the acquisition of Risk Management Services Inc., a single-office brokerage firm located in Morristown,...
ARK. EXECS. CHARGED IN FRANKEL CASE
Jan 14 2002 // Arkansas Insurance Commissioner Mike Pickens and Pulaski County Prosecuting Attorney Larry Jegley announced three insurance agents have been charged in connection with Martin Frankel’s alleged theft of $200 million...
State Bills Highlight Concern About Insurance Fraud, Anti-Fraud Group Says
Jun 18 2001 // Anti-fraud reforms recently passed in Tennessee, Florida and Nevada are a signal that insurance fraud is becoming a top-tier crime around the country, according to the Coalition Against Insurance Fraud, a national...
Ex-Frankel Associate Pleads Guilty
Sep 29 2000 // A former associate Martin Frankel has pleaded guilty to charges in Tennessee for his part in Frankel’s alleged plan to defraud insurance companies of millions of dollars. John Hackney, 50, pleaded guilty Wednesday in...
District of Columbia, Oklahoma, Tennessee Receive NAIC Awards
Sep 12 2000 // Three states were recognized for successfully implementing all 11 technology-based initiatives in the State Regulation 2000 (SR 2000) program. The District of Columbia Department of Insurance and Securities Regulation, the...
Tennessee Agent Spoofs Online CE Companies With LearnNothing.com
Aug 25 2000 // “LearnNothing.com, CEScam.com, and CECertificateMill.com Create Partnership For Online Continuing Education Courses to Insurance Industry.” That was the bogus headline that made its way across the country...
The System Beat Him
Jun 26 2000 // Delano Manning Jr. of Burbank was arrested and charged with one felony count of making false statements for a workers’ comp claim and one felony count of grand theft. The CDI Fraud Division received a tip from a...
FRANKEL FAUX PAS
Apr 3 2000 // Tennessee’s accreditation with the National Association of Insurance Commissioners has been suspended primarily because of the state’s failure to prevent Martin Frankel, the notorious Connecticut money manager,...