Tennessee Department of Commerce and Insurance News

Tennessee Insurance Head Steps Down After Sexual Misconduct Investigation

A Tennessee insurance commissioner who submitted his resignation last week faced an investigation over allegations of sexual misconduct by one of his department’s employees, records show. According to a Department of Commerce and Insurance investigation summary report, there was “insufficient …

Tennessee Insurance Claims from Deadly March Tornadoes Top $1B

More than 15,600 insurance claims seeking more than $1.1 billion have been filed in Tennessee over deadly tornadoes that tore through the state early last month, state officials said Thursday. Tennessee Department of Commerce and Insurance Commissioner Hodgen Mainda told …

Mendota, Mendakota Insurance Companies Relocate to Tennessee from Minnesota

Mendota Insurance Company and Mendakota Insurance Company have completed relocating their corporate headquarters and changing their state of domicile from Minnesota to Tennessee, according to a statement from the Tennessee Department of Commerce and Insurance. The insurance companies, which offer …

Tennessee Captive Insurance Companies Exceed $1 Billion in Premiums

The state of Tennessee saw domestic captive insurance companies exceed $1 billion in written premiums in 2017 for the first time – a milestone for Tennessee’s burgeoning captive insurance marketplace. In addition to setting a new benchmark in premiums, the …

Former Tennessee Deputy Insurance Commissioner Giannini Killed in Car Crash

A former deputy commissioner of the Tennessee Department of Commerce and Insurance has died in a car crash. Media outlets report that Bill Giannini, who also was a former chairman of the Shelby County Election Commission and the Shelby County …

Officials: Failed Communications Hampered Tennessee Wildfire Response

Newly released records show failed communication systems hampered the response to deadly wildfires in Tennessee last fall. Records that Sevier County began to release Wednesday show that wind and fire on Nov. 28 combined to disable cell towers, melt fiber-optic …

Tennesee Mountain Community Getting Back on Its Feet After Devastating Wildfire

“Mountain Tough” was a slogan Mayor Mike Werner of Gatlinburg, Tenn. proclaimed in the aftermath of a Nov. 28 blaze that destroyed or damaged more than 2,400 structures, caused more than $1 billion in damages and killed 14 people. “This …

Tennessee Wildfire Insurance Claims Top $842M

State officials say insurance claims have topped $842 million in the deadly eastern Tennessee wildfires that burned thousands of buildings. The Knoxville News Sentinel reported the number, provided the Tennessee Department of Commerce and Insurance, Jan. 18. The department says …

Zenefits Settles With Tennessee Over Unlicensed Health Insurance Sales

Zenefits reached its first settlement with a state government over its use of unlicensed health insurance brokers, an issue that prompted investigations in at least three other states and led its founding chief executive officer to resign this year. As …

Farmers Insurance Launches Rideshare Coverage in Tennessee

Farmers Insurance has introduced rideshare insurance coverage for ride-hailing drivers in Tennessee. Mariel Devesa, head of product innovation for Farmers Insurance said Farmers has developed this Rideshare Insurance Coverage to offer Tennessee ride-hail drivers coverage options as part of their …