Latest Tennessee Headlines
All the headlines from our Tennessee Topic Page, ordered by recency.
News Briefs
May 23 2005 // GEORGIA Licensing System Changes The Georgia Insurance Comm-ission held “Ind-ustry Day Meet-ings” across the state in May to discuss recent changes to the licensing system. In an effort to be responsive to...
People
May 23 2005 // James Robinson Huber has been appointed senior vice president and regional executive, Southeast Region for ACE USA, the U.S.-based retail operating division of The ACE Group of Companies. Based in Atlanta, Huber will be...
Allstate Testing ‘Your Choice’ Auto Policy Option in Tennessee Market
Apr 29 2005 // The goal of a new auto insurance plan introduced by Allstate Corp. in Tennessee attempts to drive the market away from a price obsession and refocus attention on products and features. Called the Your Choice options, it...
Main Street Matters
Mar 21 2005 // New York is one of the worst; New Jersey is also poor; Virginia remains among the best; Massachusetts and Maryland are looking better and better; Connecticut is holding steady, while Pennsylvania has some catching up to...
Tenn. Commissioner Says Multi-State UnumProvident Settlement Signed
Dec 21 2004 // At least 40 states have ratified landmark multi-state settlement agreements involving three major disability insurance carriers owned by UnumProvident Corp. of Chattanooga, Tenn., insurance regulators announced...
State Farm to Reduce Tenn. Auto Rates
Dec 16 2004 // Almost a million motorists in the volunteer state will soon pay less for their car insurance. State Farm has announced they it will lower insurance rates for drivers in Tennessee by an average of 2 percent in 2005. Overall...
States Reach $120 Million Claims Agreement with UnumProvident
Dec 6 2004 // A multi-state settlement with UnumProvident Corp. over its disputed handling of disability claims would cost the firm more than $120 million to comply and require it to review more than seven years of claims. It also calls...
Tenn. Authorities Plan to Implement “Bait-Car” Program
Nov 30 2004 // Morristown, Tenn. authorities have announced a plan to use “bait-cars” to catch car thieves red-handed and to reduce the local car theft rate – insurance companies, noting such programs have cut the theft...
Multi-State, $120M Agreement with UnumProvident Requires Reassessing Claims Back to 1997
Nov 18 2004 // A multi-state settlement with UnumProvident Corp. over its disputed handling of disability claims would cost the firm more than $120 million to comply and require it to review more than seven years of claims. It also calls...
NAIC Conference Call Places State Insurance Investigations on Hold
Nov 8 2004 // State insurance commissioners in the southeast and across the United States consulted in a conference call the week after New York Attorney Gen-eral Eliot Spitzer made allegations of rigged bids and price-fixing among...
NAIC Conference Call Places State Insurance Investigations On Hold
Oct 21 2004 // State insurance commissioners in the southeast and across the U.S. consulted with each other during a conference call and will soon form a steering committee to coordinate a multi-state effort to investigate whether or not...
People & Places
Oct 11 2004 // Nancy Baily Kevin Mangan InVEST, an education program that develops a diverse pool of insurance professionals and informed consumers by educating high school and community college students on insurance, financial services...
Federal Disaster Funds Ordered for Tenn. to Aid in State, Local Government Storm Recovery
Oct 8 2004 // The head of the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) announced that federal disaster funds have been made available for Tennessee to help state and local governments...
AIA Backs Medicare-Based Fee Schedule for Tenn. Workers’ Comp Medical Services
Aug 20 2004 // In testimony Friday before the Tennessee Department of Labor’s Medical Care and Cost Containment Committee, the American Insurance Association (AIA) endorsed a Medicare-based, objective fee schedule for provider...
Tenn. Reverses Stand on Punitive Damage Exclusions
Aug 10 2004 // A Tennessee regulation that disallowed exclusions for punitive damages in most property casualty insurance policy forms has been reversed after 15 years on the books. The Property Casualty Insurers Association of America...
Kaplan Professional Adds Insurance Systems of Tenn.
Aug 2 2004 // Kaplan Professional, a division of Kaplan, Inc., has acquired Insurance Systems of Tennessee Inc. As the state’s largest insurance education provider, Insurance Systems offers insurance pre-licensing classes,...
Tenn. Commissioner Orders Workers’ Comp Savings
Jul 28 2004 // Gov. Phil Bredesen’s reform of Tennessee’s workers’ compensation insurance system is reportedly already paying off for Tennessee employers, who stand to save an estimated $69.4 million in premiums...
Tenn. Legislature Backs Workers’ Comp Reform Bill; Industry-Related Bills Also See Attention
Jul 7 2004 // The 2004 Tennessee General Assembly passed a number of insurance-related bills this year, including several on the use of credit scoring, workers’ compensation and tort reform measures. “We’re especially...
Is Market Conduct Reform Finally on the Horizon’
Jul 5 2004 // As baseball immortal Yogi Berra is often fond of saying, “It ain’t over until it’s over.” This particular “Yogi-ism” somehow seems apropos when one considers recent discussions among the...
PCI: Tenn. Auto Parts Regulation Would Make Consumers ‘Double Losers’
Jun 22 2004 // According to the Property Casualty Insurers Association of America (PCI), a Tennessee Department of Commerce and Insurance proposal requiring written permission from auto policyholders or third-party claimants to use...
