Tennessee News

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. Oil and Gas Well Drilling Contractors

Tenn. Supreme Court to Decide Alcoa Asbestos Suit

The Tennessee Supreme Court heard arguments Tuesday in a case that will decide whether Alcoa Inc. is responsible for the asbestos-related death of a former worker’s daughter. The Pittsburgh-based company argues that it should not be held responsible for Amanda …

Overflowing Court Docket Creates Fire Hazard in Tenn.

The city fire marshal in Murfreesboro, Tenn., ordered about 50 people to leave the Rutherford County Judicial Building because of overcrowding. There were more than 530 cases on the General Sessions Court docket Tuesday and sheriff’s Sergeant Mike Potts said …

AIG Insurer to Pay $42.5M to Cleanup Sites of Bankrupt Underwear 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 …

13 Companies Approved to Self-Insure for Workers’ Comp in Texas

Thirteen companies with approximately 183,200 employees in Texas were approved to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance (TDI), Division of Workers’ Compensation Self-Insurance Program. The department announced that Commissioner of Workers’ …

S.C. Dog Food Maker to Pay $3.1 Million Settlement after Pet Deaths

A South Carolina company that made contaminated pet food that killed dozens of dogs nationwide will pay $3.1 million in a settlement with pet owners, an attorney said last week. The pet food, which contained a mold called aflatoxin, was …

Tennessee Auction Barn Burns in Fayetteville, No Injuries Reported

A large livestock auction barn in Fayetteville was destroyed by a fire early Wednesday morning but no people or animals suffered injuries. The Tennessee Livestock Producers Association — a service of the Tennessee Farm Bureau — owned the barn, which …

Minnesota RJF Agency’s Jeatran Becomes Assurex Global Chairman

Assurex Global, a worldwide network of independent insurance brokers representing $23 billion in premium volume, has named its newest and 52nd chairman of the board. Bill Jeatran, chief executive officer of RJF Agencies, Minneapolis, Minnesota, succeeds Paul J. Hering, who …

CarInsurance.com Adds Insurance Carriers for 2008

CarInsurance.com, which sells auto insurance over the Internet, has added more carriers to its current 28 state agency product offering. In November and December 2007, the firm expanded and now offers Encompass Insurance – Allstate and Progressive Drive in Arizona; …

Top Insurance Stories in 2007 in Southeast

High heat, changing winds put reputations on the line. 1. Florida’s gamble “It’s all about rates,” maintained Sam Miller, of the industry’s Florida Insurance Council. Florida lawmakers in January passed controversial legislation they hoped would lower Floridians’ skyrocketing property insurance …