Tennessee News

Top Workers’ Compensation News in 2010

Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial liens including the the workers’ compensation industry in 2010, as they did in 2009. Robert Hartwig, president of the Insurance Information Institute, …

Inspectors Find 2 Tennessee Dams in Need of Repair

State inspectors have found two privately owned hazardous dams in Tennessee that are in need of immediate repair, including one that the property owner seems unwilling to fix. An investigation by The Jackson Sun in May found that there are …

Top 5 Things Affecting Excess & Surplus Market in 2011

It has been a challenging few years for those in the excess and surplus (E&S) lines insurance market. An endless soft market, extreme competition from the standard markets, and a bad economy left wholesale and retail agents scrambling to retain …

Southeast’s Top Stories: Disasters That Happened and 1 That Didn’t

The top insurance stories in the Southeast in 2010 included several disasters that caused considerable death and destruction in the region and one that didn’t do as much harm as feared. The April 20 blowout of BP’s Macondo well while …

Trial Ordered for Tennessee Trooper Claiming Politics Behind Demotion

A federal appeals court has ruled a jury will hear complaints from a Tennessee highway patrolman who claimed discrimination based on his political affiliation. The 6th Circuit Court of Appeals this week reversed a lower court ruling and remanded the …

Feds Pursuing Fraud Charges Against Oil Spill Claimants in 5 States

A woman was indicted last week in the Eastern District of Louisiana for allegedly filing fraudulent claims for compensation due to the Deepwater Horizon oil spill. Four other individuals were also charged last week in Alabama, Michigan, and Mississippi for …

The Hartford Selling Third Party Claims Unit for $278M

The Hartford said it has inked a $278 million deal to sell its third-party claims administration business, Specialty Risk Services (SRS), to Sedgwick Claims Management Services Inc. The Hartford said the deal is expected to close in the first quarter, …

Humana Names Bagby as Louisiana Commercial Market President

Humana Inc. named Rhonda Bagby president of its Louisiana commercial operations. As Humana’s senior commercial executive for Louisiana, based in New Orleans, Bagby is responsible for the state’s overall commercial operations, including medical and specialty benefits. She reports to Humana’s …

2010/2011 Buyer’s Guide

Welcome to Insurance Journal’s 2nd annual Buyer’s Guide, a tear-out directory of services, products and solutions for the insurance industry. Companies are listed within eleven different categories; Agents, Agent Networks, Agency Services, Claims, Construction/Restoration, Education/Training, Human Resources, Insurance Associations, Marketing, …

Fact or Fiction? Insurance Tidbits of Known and Little-Known Information

Have you ever wondered what big events helped shape regulation of the current U.S. insurance industry? Or if drivers of certain cars have more risk? What about the most attractive insurance job in the industry? These are just a few …