Tennessee News

OneBeacon, Frontline to Offer Motor Truck Cargo Program in Nine States

OneBeacon Insurance Group has formed an alliance with Frontline Underwriters, Inc. to offer a new motor truck cargo program to transportation customers in nine states: Alabama, Arkansas, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. A full suite …

Tennessee Program Warns Teens of Highway Work Risk

The Tennessee Department of Transportation is working to keep teen drivers safe and will travel to Red Boiling Springs High School in Macon County, Wednesday, August 18 to present “Between the Barrels” to 230 students. “Between the Barrels” is an …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Manufacturers Market Detail: Penn Millers Insurance Co.’s manufacturers program offers property, crime, liability, automobile and …

Hallmark Insurance Group’s Rating Remains A-

Following the announcement of Hallmark Insurance Co.’s proposed acquisition of State Auto National Insurance Co., A.M. Best Co. has commented that the financial strength rating of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Hallmark Insurance Group of …

MyNewMarkets: New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Manufacturers Market Detail: Penn Millers Insurance Co.’s (www.pennmillers.com) manufacturers program offers property, crime, liability, automobile …

Louisiana Targets Companies Marketing Bogus Health Insurance Plans

Louisiana Department of Insurance Fraud Section investigators have served the American Trade Association, its 13 companion companies and 14 personnel with cease and desist orders, for selling unauthorized insurance in Louisiana. The companies are said to have fraudulently marketed “medical …

Tennessee State Senator Could Have Sentence Reduced

Former state senator John Ford could have his federal prison sentence nearly cut in half after a recent Supreme Court decision that weakened an anti-fraud law. The 68-year-old Ford is serving a 19-year sentence. A 2008 conviction in federal court …

DeLaney Joins Grange Insurance as VP of HR, Community Relations

Grange Insurance, headquartered in Columbus, Ohio, announced that Doreen DeLaney has joined the company as vice president of human resources and community relations. In this role, she’ll lead all human resources functions, including recruiting and talent development, and will develop …

Hallmark Financial to Acquire State Auto’s Non-Standard Auto Unit

Hallmark Financial Services Inc., headquartered in Fort Worth, Texas, announced that its subsidiary, Hallmark Insurance Co., will acquire State Auto National Insurance Co. from Ohio-based State Auto Financial Corp. (STFC). The acquisition is subject to regulatory approval and other customary …

State Auto Reports Net Loss of $26.2M in Q2 2010

State Auto Financial Corp. has reported a second quarter 2010 net loss of $26.2 million versus a net loss of $3.2 million for the second quarter of 2009. State Auto’s combined ratio for the quarter was 115.2 versus 110.6 for …