Tennessee News

Tennessee Teens Delay Getting Behind the Wheel

Mackenzie Leake put off learning to drive for almost a year longer than most of her friends. It was out of a sense of self-preservation. “Every day I went out, I saw some sort of accident or scattered car parts …

Actuaries Elect Tennessee’s Miller as President

Mary Frances Miller, a consulting actuary with Select Actuarial Services in Nashville, Tenn., is the new president of the American Academy of Actuaries Miller, who has 20 years of actuarial experience, first served on the American Academy of Actuaries board …

Fee Schedules Stabilized Tennessee Workers’ Compensation Costs

Average medical costs per workers’ compensation claim in Tennessee stabilized at pre-fee schedule levels after the state introduced medical fee schedules in 2005, according to a new study. According to the report by the Workers Compensation Research Institute (WCRI), the …

Tennessee Homeowners Can Sue Home Appraiser for Fraud

Home appraisers who overestimate the value of homes may be liable for fraudulent misrepresentation, the Tennessee Supreme Court has ruled. The state’s high court has overruled an appellate court that had held that because an appraiser’s estimate is an opinion, …

Why Now Is a Good Time for Agency Network Growth

They go by many names — networks, alliances, franchises, clusters and aggregators — but all have similar goals. Aggregator groups have been around the insurance industry for more than three decades but in the past few years they have become …

Republicans Gain Control in State Houses

Republicans were not only victorious in the U.S. House but also in state houses across the country. Tuesday night’s GOP power will give the party its largest number of seats in state legislatures since the Great Depression, according to the …

ACE Appoints Shevlin in Southeast, Rau in Southwest

ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Jim Shevlin as senior vice president and regional executive officer for its Southeast region, and Tim Rau as senior vice president and regional executive officer for the …

People

Liberty Northwest, a Liberty Mutual Agency Markets regional company, appointed Danny R. Schamma to vice president, finance. He will direct the business planning process, oversee financial reporting and analysis, and develop and implement strategies for expense management. He will be …

Declarations

Pioneering “This new lab is a tangible, dramatic, generous demonstration of the property insurance industry’s deep commitment to reducing and preventing losses that disrupt the lives of millions of home and business owners each year.” —Julie Rochman, Institute for Building …

Tennessee High Court Blocks Hospital Lien on Insurer’s Benefit Payment

Hospitals are not entitled to place liens on insurance benefits paid by insurers to third party service providers, the Tennessee Supreme Court has ruled. The case involved a man, Kevin L. Holt, who was injured in a car crash in …