Tennessee News

Author of Tenn. Malpractice Bill Now Relieved It Didn’t Pass

A Tennessee state representative who helped shepherd a bipartisan effort to limit frivolous medical malpractice lawsuits said he was glad the measure did not pass. House Judiciary Committee Chairman Rob Briley, D-Nashville, said supporters of the medical malpractice bill exaggerated …

BB&T Insurance Buying Georgia’s Reese Agency

BB&T Insurance Services said it plans to expand its metro Atlanta operation with the acquisition of Reese Insurance Associates Inc. of Riverdale, Ga. Reese provides both commercial and personal property and casualty coverage as well as group benefits insurance. “The …

Ark. Warns Consumers of Organization Posing as Insurer

Another state insurance department has issued a warning about a Tennessee entity posing as an insurance company. Days after National Foundation of America (NFOA) of Franklin, Tenn., was ordered to cease and desist from the insurance business in Texas, Arkansas …

Aetna Buys Schaller Anderson Inc. for $535 Million

Aetna Inc. in Hartfors, Con. has agreed to buy a Phoenix-based company that manages health care for Medicaid plans and administers employers’ self-funded health plans. The Hartford-based insurer announced Thursday that it will buy privately owned Schaller Anderson Inc. for …

Texas Regulators Order Company to Cease ‘Business of Insurance’

The Texas Department of Insurance (TDI) has issued a cease and desist order to the National Foundation of America (NFOA) for engaging in the business of insurance without a license. According to TDI, NFOA, based in Tennessee, claims to be …

Tenn.: New Bill Empowers Insurance Department

The House approved a bill on Monday that would allow the Tennessee Department of Commerce and Insurance to levy fines against insurance companies who violate state laws or rules governing them. Rep. Rob Briley, the bill’s sponsor, said there are …

My New Markets

Antique Home Insurance Nuts & Bolts: MiddleOak is offering the insurance designed exclusively for antique homes. Comprehensive coverage (similar to a high value home policy) for pre-1930 homes with coverage at $250,000 to $5 million. Endorsed by a historical trust. …

Declarations

Furious pace “Despite the well-known vulnerability to hurricanes and rapidly escalating property values, coastal development in vulnerable areas continues at a furious pace. Adding billions of dollars in new insured exposure will further burden Florida’s already precarious property insurance market.” …

My New Markets

Allied Health Care Nuts & Bolts: Travis-Pedersen Associates, Inc. is now offering a policy that covers a broad range of medical malpractice and general liability exposures. Allied health care facilities are those businesses that provide medical services directly to a …

My New Markets

Allied Health Care Nuts & Bolts: Travis-Pedersen Associates, Inc. is now offering a policy that covers a broad range of medical malpractice and general liability exposures. Allied health care facilities are those businesses that provide medical services directly to a …