Tennessee News

Foremost Insurance Expands Dwelling Fire Program in 3 States

Foremost Insurance Group announced it is expanding its dwelling fire program in Montana, Nebraska and Tennessee, effective Dec. 1, 2009. Typically known as the solution for hard-to-place landlord and owner-occupied properties, Foremost is enhancing its program to include standard and …

Former Tennessee Insurance Commissioner Neff Dies

Former Tennessee Commissioner of Commerce and Insurance Commissioner John C. Neff has died in Nashville. He was 85. An obituary posted online by Crawford Mortuary & Crematory stated Neff died last Wednesday, following a short battle with cancer. Neff retired …

Auditors to Review Denied Workers’ Comp Claims in North Dakota

Auditors will take a new look at denied workers’ compensation claims in North Dakota and also will study the laws defining eligibility for certain benefits. The performance audit of Workforce Safety and Insurance will review its operations in 2008 and …

Change to Tennessee Workers’ Compensation Mandate in Doubt

A special legislative session to reconsider a pending change to workers’ compensation insurance requirements in Tennessee should only take place if there’s a consensus among lawmakers, Gov. Phil Bredesen said. Meanwhile, Republican House Speaker Kent Williams of Elizabethton sent an …

M&A Wrap-Up: Insurance Brokerage Mergers Took a Third Quarter Vacation

Deal making wasn’t at the top of the list of summer activities this season, but deal vacation was. Third quarter merger and acquisition (M&A) activity continued declining to just 30 announced transactions between July and September. This quarterly activity follows …

Sipe Named Head of Summit in Florida

Liberty Mutual Agency Markets has appointed Carol Sipe as president and chief executive officer of Summit, which provides monoline workers’ compensation coverage in 10 southeastern states. Sipe succeeds Rick T. Hodges, who has led Summit since 1999. Hodges will retire …

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. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …

Declarations

Healthy Action “The Affordable Health Care for America Act is a piece of legislation that will provide stability and security for Americans who have insurance; quality, affordable options for those who don’t; and bring down the cost of health care …

American Alternative Insurance Partners with PersonalUmbrella.com

PersonalUmbrella.com of Emeryville, Calif., announced that American Alternative Insurance Corp. (AAIC) will be the insurer of its online personal umbrella program. AAIC is a subsidiary of Munich Re America Corp. and an affiliate of Munich Reinsurance America Inc. The company …

Actor Freeman Settles Mississippi Auto Accident Suit

Actor Morgan Freeman has settled a lawsuit related to a 2008 car accident that seriously injured him and a passenger, according to court records. Terms of the settlement were not released. Demaris Meyer filed a federal lawsuit against the Academy …