Tennessee News

People

Atlanta, Ga.-based Beecher Carlson, a commercial insurance brokerage firm, appointed Steve Denton as president. Denton has served as the chief operating officer since July 2006. In his expanded role, Denton will plan and direct the execution of Beecher Carlson’s client …

It Figures

$1.3 Million Arkansas will receive $1.3 million out of the $72 million in funds and assets of Martin Frankel recently seized by the Internal Revenue Service and the Federal Bureau of Investigation. Frankel was sent to prison for insurance fraud …

It Figures

$62,000 Los Angeles-based Farmers Group Inc. announced it gave $62,000 to the La Jolla Band of Mission Indians to help rebuild after the Southern California fires of 2007. Farmers Executive Vice President of Field Operations Jerry Carnahan said over half …

AIG to Pay $42.5 Million to Cleanup After Failed Company

The American International Specialty Lines Insurance Co. Inc. (AISLIC) has agreed to pay $42.5 million to clean up contamination at four industrial facilities run by a bankrupt insured in a suit in which the Department of Justice intervened on behalf …

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. Three Year Policies — EPLI Nuts & Bolts: International Excess is offering online quotes at …

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. Personal Lines Insurance Agents E&O Nuts & Bolts: Travis-Pedersen & Associates of Arizona, LLC is …

AIG to Pay $42.5M to Cleanup Pollution Left by Bankrupt Insured

American International Specialty Lines Insurance Co. Inc. (AISLIC) has agreed to pay $42.5 million to clean up contamination at four industrial facilities run by a bankrupt insured in a suit in which the Department of Justice intervened on behalf of …

Declarations

Politics as Usual “I have always run the Insurance Department with the utmost integrity and ethics, and now it’s been proven.” —Former North Dakota Insurance Commissioner Jim Poolman voices satisfaction after a proposal to regulate the resale of life insurance …

My 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. Kidnap and Ransom Coverage Nuts & Bolts: Travis-Pedersen & Associates of Arizona, LLC is offering …

Arkansas Wants More Time to Comply with REAL ID Law

Arkansas officials have asked for more time to implement post-Sept. 11 rules for new driver’s licenses. States face a May 11 deadline to comply with the REAL ID regulations, but Arkansas has requested a waiver. “Due to the delay in …