Tennessee News

Fewer Tennessee Wildfires as Season Winds Down

As the wildfire season winds down in Tennessee, officials say it has been much less active than last year’s. Forestry Division assistant district forester Nathan Waters said by the week ending April 19, about 9,000 acres had burned statewide. By …

Tennessee Senate Measure would Ban Lawyers from Impaired Driving Ads

Tennessee defense attorneys would be banned from advertising their expertise with drunken driving cases under a bill advancing in the Senate. Sen. Rosalind Kurita, a Clarksville Democrat, successfully added the provision to a bill on April 22 that would create …

Tennessee Insurance Commissioner: All Locksmiths to Be Licensed by July

The Tennessee Department of Commerce and Insurance announced the state’s locksmith licensing program and said all locksmiths in Tennessee must be licensed by July 1. During the 2007 legislative session, the Tennessee General Assembly postponed the effective date of this …

Liberty Mutual to Acquire Safeco Insurance in $6.2B Deal

Liberty Mutual Group has agreed to acquire all outstanding shares of common stock of Safeco Corp. for $68.25 per share in cash in a deal that will make Liberty Mutual the fifth largest U.S. property/casualty insurer and second largest surety …

Ignoring Flood Signs could Bring Reckless Driving Charge in Tennessee

Drivers who ignore flood warning signs or barricades could be charged with reckless driving under a bill passed by the Tennessee Senate. The Senate voted 33-0 on Monday to approve the measure sponsored by Sen. Bill Ketron, a Murfreesboro Republican. …

Southeast Agents Fear Recession as Construction Woes Continue

Southeast insurance agents do not all agree the economy is in a recession or on the causes of the slumping economy, but they do agree the dominoes are in place that could trigger a serious economic chain reaction. Roger Gibson, …

Declarations

Poe Suit “Florida’s insurance consumers were forced to foot the bill when the Poe Companies became insolvent so that policyholders could have their claims paid. We will aggressively pursue any opportunity to recoup additional funds to reduce the assessments levied …

People

The Main Street America Group board of directors promoted two and appointed two to officer-level positions. The Jacksonville, Fla.-based company promoted John Thompson to vice president, operational controller and Dean Dorman to assistant vice president, actuarial. The board of directors …

Tennessee Nixes Emergency Service Fees

Tennessee has a new law that stops cities from imposing fees for the cost of responding to motor vehicle accidents. The measure (HB 2547) was passed by the Tennessee General Assembly and became effective with Gov. Phil Bredesen’s signature on …

It Figures

$420 Million The amount a South Carolina textile company sued Norfolk Southern railroad for after a train wreck and toxic chemical spill in 2005 forced the company to close. Avondale Mills and Norfolk Southern reached a deal this month. Attorney …