Tennessee Department of Commerce & Insurance (TDCI) News

Tennessee Refunds $2.2M to Insurance Consumers So Far in 2020

Tennessee consumers have been repaid over $2.2 million so far in 2020 through mediation efforts by the Tennessee Department of Commerce & Insurance’s (TDCI) that resulted in denied claims being overturned for policyholders, the department said in a statement. The …

Tennessee Department of Insurance Taps Fortman as Captive Director

The Tennessee Department of Commerce & Insurance (TDCI) has hired Belinda Fortman as Captive Insurance Section director. Captive insurance is an option for companies to self-insure certain aspects of their business. The captive insurance sector has an estimated economic impact …

Tennessee Halts Temporary Producer Licensing as Testing Centers Reopen

New applications for temporary insurance producer licenses in Tennessee have been discontinued by the Tennessee Department of Commerce & Insurance (TDCI) as physical testing locations begin to reopen throughout the state. As of May 1, Pearson Vue had reopened its …

Tennessee Regulator Places Moratorium on Policy Cancellation of Tornado Victims

The Tennessee Department of Commerce & Insurance (TDCI) has issued a directive to all licensed Tennessee insurance carriers that cancellations/non-renewals for non-payment of insurance premiums on all lines are to be suspended for up to 60 days for Tennessee insurance …

Embattled Tennessee Insurance Agent Fined $23K by State Regulator

A former Tennessee insurance agent facing more than 70 counts of insurance fraud has reached a settlement with the Tennessee Department of Commerce & Insurance (TDCI) barring her from practicing insurance activities in the state and requiring payment of civil …

Tennessee Opens Insurance License Testing Centers in Rural Communities

The Tennessee Department of Commerce & Insurance (TDCI) has opened three new testing centers in rural Tennessee communities as part of its effort to better serve insurance agents and their customers in these areas, the department said in a statement. …

Corbett, Stalvey Appointed to New Roles to Further Grow Tennessee Captive Market

Tennessee Department of Commerce & Insurance (TDCI) Commissioner Hodgen Mainda has named two longtime Tennessee captive insurance experts to new roles in the department. Michael Corbett has been named to the newly created director of Business Development position for TDCI’s …

Lawrence Sworn In as Interim Tennessee Insurance Commissioner

Tennessee Gov. Bill Lee has sworn in a new interim commissioner of commerce and insurance. The state Department of Commerce and Insurance tweeted out a photo of Carter Lawrence taking the oath of office this week. Lawrence previously served as …

Tennessee Insurance Head McPeak Steps Down; Lawrence Tapped as Interim Chief

After eight years as the head of the Tennessee Department of Commerce & Insurance (TDCI), Commissioner Julie Mix McPeak is leaving Tennessee state government in order to pursue career opportunities in the private sector, according to a statement from TDCI. …

Tennessee: $3.2M in Restitution Returned to Insurance Consumers So Far in 2018

The Tennessee Department of Commerce & Insurance’s (TDCI) Consumer Insurance Services Section has returned $3.2 million so far to Tennesseans through its restitution efforts in 2018, according to a statement from TDCI. Through the first eight months of 2018, TDCI …