Tennessee News

Best Analyzes AIG; Affirms Most P/C, L&H Ratings; Outlook Negative

A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of most P/C life/health insurance subsidiaries of American International Group, Inc., as well as the ICR of “bbb” of AIG. Best also said it has …

Truth or Lore? Insurance ‘Factorama’ Explores the Known and Little-Known

It’s the end of the decade that apparently has no name as yet, but that doesn’t stop those of us at Insurance Journal from looking back at the past 10 years and beyond for known and little-known insurance “factoids.” Why? …

People

Beecher Carlson expanded its National Energy practice by appointing Jacklyn Kearns senior vice president. Kearns has 28 years of insurance and risk management experience. She joins Charlie Pierpont in Beecher Carlson’s Darien, Conn., office. Prior to that, she served as …

2009 P/C Insurance Mergers, Acquisitions Large and Small

Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies. Here are the headlines …

Fireman’s Fund Offers Allianz Brand Personal Auto Insurance in 11 States

Novato, Calif.-based Fireman’s Fund is launching an Allianz Personal Auto Policy in 11 states, with plans to offer the coverage in more states by the end of 2010. The policy initially will be available in Arizona, Colorado, Connecticut, Illinois, Kansas, …

Morman Joins Hylant Group as Vice President of Carrier Relations

Terry Morman has joined Ohio-based insurance brokerage Hylant Group as vice president of Carrier Relations. In this role he will be responsible for developing and managing strategic relationships with carrier partners and wholesalers for all of Hylant Group’s locations. He …

Agent Agrees to Plead Guilty in Nude Videotaping Case

ESPN reporter Erin Andrews and the man accused of secretly making nude videos of her will come face-to-face next week in a Los Angeles courtroom when the Illinois insurance executive enters an expected guilty plea. “This entire process has been …

NOAA Forecasts El Nino to Last into Spring 2010

The U.S. Climate Prediction Center, service of the National Oceanic and Atmospheric Administration (http://www.noaa.gov), said Thursday the El Nino weather anomaly should continue at least into the Northern Hemisphere’s spring 2010, influencing global weather trends over the next several months. …

Willis Appoints Eggleston to Mining Insurance Practice in Tennessee

Insurance broker Willis Group has named Jeffrey Eggleston as senior vice president of its Mining Practice in Knoxville, Tennessee. Willis’ also recently added two other mining practice team members, Michael Ford, senior vice president, and Cheryl Vandermosten, vice president. Eggleston …

National Association of Insurance Commissioners Elects New Officers

Members of the National Association of Insurance Commissioners (NAIC) have elected their 2010 officers at their Winter National Meeting in San Francisco. The new officers are: President: West Virginia Insurance Commissioner Jane Cline; President-Elect: Iowa Insurance Commissioner Susan Voss; Vice …