Tennessee News

Tropical Storm Fay’s Four Landfalls in Florida Sets Record

Tropical Storm Fay made a record four landfalls on the northern Gulf Coast last month, drenching and damaging communities, crops, homes and businesses across the Florida peninsula. Gov. Charlie Crist received a major disaster declaration from President Bush. The federal …

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 Property Market Detail: RISC brings to market a commercial property program designed for a …

McAuley Woods and Associates’ Adrian Smith to Expand Midwest Presence

West Palm Beach, FL, August 28, 2008 — McAuley Woods and Associates is excited to announce that it has completed negotiations with Adrian Smith, CEO of Geneva Risk Services, to open McAuley Woods of the Midwest. Adrian’s current team of …

America’s Safest Drivers Travel the Roads in America’s Heartland

Residents in Sioux Falls, S.D., continued to top the chart as the safest drivers in the U.S., according to the fourth annual Allstate America’s Best Drivers Report. The average driver in Sioux Falls experiences an auto collision every 14.6 years. …

Jessica M. Frankovich

Indiana Insurance, a Liberty Mutual Agency Markets regional company, appointed Jessica M. Frankovich as Inland Marine underwriting manager. Frankovich will be based in Indiana Insurance’s Illinois regional office and will manage and grow the company’s Inland Marine book of business. …

State Ranking In Number of Events

F5 Tornado damage in Parkersburg, Iowa, May 25, 2008. Tornado damage, Windsor, Colo. Prior to 1990, the average number of tornadoes per year in the Continental US was 772. In the period from 1990 through 2007, the average was 1,215. …

People

The Chubb Corp. has made four executives appointments: John J. Degnan has been named vice chairman and chief operating officer. Degnan, a former attorney general of New Jersey who joined Chubb nearly 18 years ago, was previously vice chairman and …

Business Moves

Allied World, Darwin Professional Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc. Darwin offers specialty and primary professional lines coverages, which include health care professional liability and niche errors and omissions. Darwin also …

Figures

$900,000 The amount a Jackson County, Mississippi jury returned in a verdict for a Pascagoula couple who sued their insurer for unpaid Hurricane Katrina damages. Retired Navy Admiral James Lisanby and his wife sued USAA insurance for damage to their …

New Markets

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. Builders Risk and Affiliated Exposures Market Detail: Atlantic Risk Specialists (www.arspecialists.com) brings builders …