Tennessee captive insurance companies News

Tennessee Licenses 200th Captive Insurance Company

The Tennessee Department of Commerce & Insurance (TDCI) is marking the licensing of its 200th captive insurance company, Mattoon Insurance Co., making the state the seventh-largest captive domicile in the U.S., according to a statement from the department. Mattoon is …

Tennessee Captive Industry Grew by 37% in 2015

The Tennessee Department of Commerce & Insurance (TDCI) announced that 57 new captive insurance companies domiciled in the state 2015, which represents a 37 percent increase over 2014. The new captives are comprised of 47 pure captives, four Risk Retention …

Tennessee Adds 100th Captive Insurance Company

The Tennessee Department of Commerce & Insurance (TDCI) announced the licensing of Tennessee’s 100th captive insurance company on Dec. 22. In 2011, Gov. Bill Haslam signed the revised State of Tennessee’s Captive Statute which made the state’s existing captive insurance …

2015 Tennessee Insurance Legislation Wrap-Up

Below is a summary of Tennessee legislation that pertains to insurance enacted in 2015. Uninsured Motorist, “James Lee Atwood Jr. Law” The James Lee Atwood Jr. Law, named for a driver who was killed by an uninsured motorist in the …