Tennessee News

Business Moves

St. James St. James Insurance Group, based in Orlando, Fla., has re-entered the commercial lines business after a five year absence. The program manager has appointed Dave Stricker, former senior vice president of All Risks Ltd., to lead the new …

Florida’s 21st Century Drops Bid to Acquire HomeWise; Gets Rate Hike

Florida’s 21st Century Holding Co. has dropped its bid to acquire domestic property insurer HomeWise Holdings at the same time it reported that its own Florida property insurance unit it has received approval to raise rates 14.9 percent on some …

Tornadoes Rip Southern States; 10 Dead; 1,000 Homes Destroyed

Dozens of tornadoes left a path of destruction more than 50 miles long throughout the southern U.S.—including Alabama, Arkansas, Georgia, Louisiana, Mississippi and Tennessee—over the weekend. Ten people were killed in Mississippi. According to catastrophe risk modeling firm AIR Worldwide, …

Hiscox USA Opens Southeast Regional Office

Hiscox USA has opened a Southeast regional office in Atlanta, Georgia. The office, which is led by Robert Gadaleta will serve as a regional hub for brokers in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. …

Arkansas Insurance Department Adds Nicholas, Morris

Arkansas Insurance Commissioner Jay Bradford has named Lowell Nicholas, D.D.S., as special projects director for the Arkansas Insurance Department and John F. Morris as deputy commissioner/general counsel. Dr. Nicholas will advise the commissioner on a variety of topics, especially those …

Florida’s SUNZ Insurance Expands Workers’ Compensation to 5 States

SUNZ Insurance Co., a St. Petersburg, Florida-based insurer, has added five states to its coverage area for writing workers’ compensation policies. Known primarily for its presence in Florida, SUNZ said it is now also able to write workers’ compensation policies …

Hylant Group Adds Iwanski to Employee Benefits Practice

Hylant Group, a privately owned insurance brokerage firm headquartered in Ohio, has hired Jackie Iwanski as manager of Health and Wellness Strategies in the firm’s Employee Benefits Practice. Iwanski will develop a series of interactive health and wellness programs, establish …

Keystone Insurers’ Kentucky Derby and Where It’s Going Next

Pennsylvania-based insurance agency franchisor Keystone Insurers Group has more than 200 agency owner-partners and it’s not done yet, says Colin Buzzard, Keystone’s executive vice president of sales and marketing. Currently, Keystone has agency partners in Pennsylvania, North Carolina, Virginia, Indiana …

Business Moves

Northern Capital Florida insurance officials have moved to shut down Northern Capital Insurance Co. after concluding that the firm is insolvent. Agents and the company’s 70,000 policyholders are being advised to cancel their Northern Capital policies and seek new coverage …

It Figures

$30.8 Million The amount from its surplus that Kentucky’s major workers’ compensation insurance carrier, Kentucky Employers’ Mutual Insurance, has decided to return to policyholders. Earlier this month, Gov. Steve Beshear asked the insurer to consider returning some of its $147 …