Tennessee News

Eastern Alliance Enters Tennessee Workers’ Compensation Market

Eastern Insurance Holdings Inc. has established a satellite office in Nashville, Tennessee in support of its subsidiary Eastern Alliance Insurance Group (EAIG), which specializes in workers’ compensation insurance. EAIG said it received regulatory approval to write casualty insurance products in …

Ratings Roundup: Victoire, Merna Re II, Utica Mutual

A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb” of VICTORE Insurance Company (VIC) of Oklahoma City, both with stable outlooks. The ratings reflect VICTORE’s current “modest underwriting leverage, sound balance …

U.S. Safety Chief Pressures Mines to Install High-Tech Equipment

America’s top coal mine regulator says he will redouble pressure on the industry to meet a 4-year-old congressional mandate to equip the nation’s underground mines with high-tech communications and tracking gear. Mine Safety and Health Administration figures show 34 mines …

Tennessee Regulators Move to Close ATA Health Insurance Firm

Tennessee officials are trying to shut down operations of two Robertson County companies accused of defrauding more than 12,000 consumers nationwide who sought affordable health insurance. Some of the $14 million that Springfield-based American Trade Association and Smart Data Solutions …

Tennessee House Panel Nixes Ban on Open Alcohol Containers in Cars

The latest Tennessee effort to outlaw passengers from having open alcohol containers in vehicles failed in a House committee this week. The House State and Local Government Committee voted to send the bill sponsored by Republican Rep. Jon Lundberg of …

Tennessee Mayor: Had to Fire Police Chief to Keep Insurance

The mayor of Rutledge, Tennessee says he had no choice in the firing of the East Tennessee city’s police chief. Mayor Danny Turley said he fired Jeff Daniel after the former police chief refused to resign last week. Daniel was …

21st Century Holding to Buy Florida’s HomeWise Insurance

21st Century Holding Co. has agreed to acquire HomeWise Insurance Co. and HomeWise Management Co. from HomeWise Holdings Inc. The agreement also includes renewal rights to certain insurance policies from HomeWise Preferred Insurance Co. Terms of the proposed transaction were …

Tennessee Insurance Agent No Stranger to NCAA Tournament

As the NCAA men’s basketball tournament tipped off, one could say that Cookeville, Tennessee insurance agent Gary Maxwell had the best seat in the house. No, he wasn’t sitting courtside or in a luxury box of any kind; he was …

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. Couriers Market Detail: RLI Transportation’s courier coverage for vans, pick-ups and straight trucks must have …

Tennessee Couple Wins $19.2 Million in Malpractice Suit

A woman who sued after surgery for a broken leg left her partially paralyzed has been awarded $19.2 million by a federal court jury in Chattanooga that also returned a $3 million verdict for her husband. The Chattanooga Times Free …