Tennessee News

Tennessee Rally Highlights Sick Cold War Workers Seeking Compensation

Former Cold War workers and their supporters rallied in Oak Ridge, Tenn. to demand help for workers made ill from exposure to hazardous and radioactive materials in the government’s nuclear weapons facilities. The U.S. Department of Labor responded with new …

Ratings: Argonaut, MAPFRE (Fla.), Pekin, Penn National, AXA Art, Tennessee Farmers, ALPS, BancInsure

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the Texas-based Argonaut Insurance Group and its members. Best also affirmed the FSRs of ‘A’ (Excellent) and ICRs of …

Tennessee Implements Scrap Metal Theft Prevention Program

Tennessee Department of Commerce and Insurance Commissioner Leslie Newman named the members that will serve on an advisory committee for the department’s scrap metals registration program. The advisory committee is as follows: Don Denbo will be representing the industry, Bruce …

Great American Insurance Group Adds Grey to Atlanta Office

Illinois-based Great American Insurance Group added Adam Grey to its Atlanta office as marketing representative for the firm’s executive liability division. Grey previously worked with the banking sector in providing innovative insurance solutions for their construction loan portfolios. His territory …

Tennessee Gov. Vetoes Williamson County Bill, Citing Safety Rules

Tennessee Gov. Phil Bredesen vetoed a bill that would have exempted a church-operated school in Williamson County from statewide building construction safety standards. Bredesen said in his veto letter dated June 13 that the measure would erode building and fire …

People

Thomas F. Motamed has stepped down as vice chairman and chief operating officer for The Chubb Corp. to become chairman and chief executive officer of CNA Financial Corp., a position he will assume as of June 8, 2009. Motamed worked …

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. Custom Home Builders Market Detail: Lemac & Associates, a division of Risk Placement Services Inc. …

Norman-Spencer Agency Names Program Director, Recreational Marine

Dayton-Ohio-based Norman-Spencer Agency, Inc. today announced Mark Yearn has joined the company as national program director-Recreational Marine. He will oversee Norman-Spencer’s H2O Headings Program, which serves boat dealers and marina operators across the country. Yearn, a respected marine insurance expert, …

Fire Units Consolidation in Tennessee Could Reduce Insurance Cost

Roane County, Tennessee commissioners have approved the creation of a county fire department. The 15-0 vote June 9 in Kingston, Tenn. cleared the way for county officials to set up an organization that will coordinate efforts of five volunteer fire …

Tennessee Bankruptcy Rate Continues to Lead Nation

Tennessee continues to have the highest personal bankruptcy rate in the nation and experts are predicting even more filings next year because of the slowing economy. According to a report released last week by the Federal Deposit Insurance Corp., the …