Tennessee News

AMS Users Group Re-Brands As NetVU

An insurance agent organization revealed a new brand identity — including a new logo and tagline. The AMS Users Group changed its name and is now known as the Network of Vertafore Users, or NetVU. NetVU revealed its new brand …

Tennessee Workers’ Compensation Reforms of 2004 Lowered Costs

Workers’ compensation reforms enacted in Tennessee in 2004 have helped reduce costs in certain specific areas of the workers’ compensation system. The reform provisions related to permanent partial disability (PPD) or lump-sum payments had a large and sustained impact on …

Montgomery Insurance Expands School Program in Southeast

Montgomery Insurance, a Liberty Mutual Agency Markets regional company, is expanding its school program in Georgia, North Carolina, South Carolina, and Tennessee. Currently insuring more than 240 public and private schools across these four states, Montgomery Insurance said it will …

Tennessee Association Insurance Agents Deny Wrongdoing

Representative of two Tennessee companies accused by authorities of selling phony medical insurance policies to thousands of people nationwide said Tuesday that they are not to blame for piles of unpaid medical bills. State officials filed a lawsuit against the …

Tennessee Homeowner Gets $19K Bill for Firefighter Services

A Knox County man whose house caught fire in January has received a $19,000 firefighting bill. WVLT-TV reported Chris Curl was flabberghasted at the charge, but Rural/Metro Fire Chief Jerry Harnish says such charges are common. The station reported Curl …

Why Keystone Insurers Expanded in Kentucky 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 …

Brown & Brown Elects Bridges Western Regional President

The Board of Directors of Brown & Brown Inc. has elected C. Roy Bridges regional president responsible for most of the company’s retail operations in the western United States. He will continue to have regional oversight responsibility for certain offices …

Florida’s Federated National Gets $10 Million in Capital; Rating Affirmed

Florida’s 21st Century Holding Co. announced that its subsidiary Federated National Insurance Co. (FNIC) has received a capital infusion of $10 million. The transaction follows the previously announced notice from Demotech, Inc., a rating agency, requiring that FNIC obtain additional …

It Figures

$30.8 Million The dividend announced by Kentucky’s major workers’ compensation insurance carrier after several weeks of political pressure. Earlier this month, Gov. Steve Beshear asked the insurer to consider returning some of its $147 million surplus as a premium reduction …

Court-Side Lessons: Insurance Agency Management Tips Before Tip Off

Insurance agents might want to take notes during tonight’s NCAA championship game between Butler and Duke. While NCAA men’s basketball tournament referee and insurance agent Gary Maxwell won’t tell you his personal pick to win (it’s against NCAA rules to …