Latest Tennessee Headlines
All the headlines from our Tennessee Topic Page, ordered by recency.
Tenn. Jury Awards $4.2 Million in Nursing Home Death
Feb 27 2007 // The surviving relatives of a man who died after being cared for in a nursing home have been awarded $4.2 million in compensatory damages, and the amount could be more if a judge’s ruling vacating punitive damages is...
USI Holdings Closes on Purchase of H.W. Gates Agency in Tenn.
Feb 27 2007 // USI Holdings Corp. announced the acquisition of Memphis, Tenn.-based H.W. Gates Agency, Inc., which serves the Memphis metro area. Gates is expected to contribute approximately $1.0 million of revenues to USI on an annual...
Appalachian Underwriters Expands in Tenn.
Feb 20 2007 // Insurance broker Appalachian Underwriters will double its Knoxville-Oak Ridge Innovation Valley, Tenn., presence to more than 300 people over the next three years, company officials announced. As part of the expansion, the...
Tenn. Posting Doctors’ Malpractice Information Online
Feb 15 2007 // The state of Tennessee is now making sure doctors report all their malpractice claims so they can be posted on the Tennessee Department of Health’s Web site for the public to see. A recent investigation by WTVF-TV in...
Tenn. Rakes in Penalties from Workers’ Comp Complaints
Feb 9 2007 // Tennessee’s Workers Compensation Penalty Program has collected close to $300,000 in penalties from insurance carriers and employers since it was created in 2004, officials said. In its first year, the program...
New insurance commissioner in Tennessee
Jan 29 2007 // Tennessee Governor Phil Bredesen has named a Nashville attorney, Leslie Shechter Newman, as commissioner of the Department of Commerce and Insurance. She succeeds Paula Flowers, who recently resigned. Newman is a partner...
Business Moves
Jan 28 2007 // Goldman Sachs, USI Holdings Big insurance broker USI Holdings Corp. agreed to be acquired by GS Capital Partners, a private equity affiliate of Goldman, Sachs and Co., in a transaction valued at approximately $1.4 billion,...
News Currents
Jan 28 2007 // New insurance commissioner in Tennessee Tennessee Governor Phil Bredesen has named a Nashville attorney, Leslie Shechter Newman, as commissioner of the Department of Commerce and Insurance. She succeeds Paula Flowers, who...
Tenn. Traffic Deaths Down Since Enactment of DUI, Seat Belt Laws
Jan 25 2007 // Traffic fatalities in Tennessee have gone down slightly over the past two years following the passage of two important driver safety laws, according to preliminary statistics from 2006. The state lowered the minimum...
Tenn. Gov. Bredesen Names Newman as Insurance Commissioner
Jan 15 2007 // Tennessee Governor Phil Bredesen has named a Nashville attorney, Leslie Shechter Newman, as commissioner of the Department of Commerce and Insurance. She succeeds Paula Flowers, who recently resigned. Newman is a partner...
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...
