Tennessee Gov. Bill Haslam has offered a compromise on his proposal to limit lawsuit damages, drafting a change to the bill that would exempt catastrophic cases from the caps he wants to impose on most awards. The Republican governor’s original …
Former U.S. Sen. Fred Thompson says legislation that seeks to limit monetary damages from lawsuits in Tennessee is unnecessary and that a jury should decide how much is awarded and not state government. The proposal by Republican Gov. Bill Haslam …
The Tennessee Legislature is considering a number of changes to its workers’ compensation law that are designed to tighten the standards injured workers must meet to qualify for workers’ compensation benefits. In an effort to reduce workers’ compensation costs, business …
A new Tennessee law is requiring all construction firm owners to register with the state if they choose to opt out of the state’s workers’ compensation system. The new law is designed to protect general contractors from having to pay …
State Farm Mutual Automobile Insurance Co., the largest insurer of autos in Tennessee, is increasing its overall rate level in the state an average of 0.4 percent effective Feb. 21. After this rate change is implemented, State Farm said its …
River forecasters for the National Weather Service underestimated the flood level that a major river would reach during Nashville’s fatal May floods because they relied on inaccurate data from the U.S. Army Corps of Engineers, the service concluded in a …
State officials say Tennessee has received reimbursement for last May’s flooding that damaged state buildings and other state-owned property. Treasurer David Lillard says the state received a $7.5 million check this week from Lexington Insurance Company. The state got a …
Farmer’s Insurance Group has named Todd Brooks senior vice president of its eastern zone, which comprises the states of Alabama, Illinois, Indiana, Michigan, Ohio, Tennessee, Virginia and Wisconsin. He most recently served as vice president of field operations for Farmer’s …
Doug Dukes has been named state vice president of Tennessee for Keystone Insurers Group. Dukes will manage Keystone’s expansion into Tennessee, slated to occur this month. Dukes most recently served as field and marketing representative for The Cincinnati Insurance Companies. …
Wilson Smith Group, LLC said it has acquired a majority of the outstanding shares of the Nashville, Tenn.-based managing general agency, Greenwich Transportation Underwriters, Inc. Terms of the acquisition were not disclosed. Greenwich Transportation Underwriters is led by Ben Armistead, …
