Tennessee News

Business Moves

INAMAR, ACE Recreational Marine ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, announced that INAMAR, its marine marketing and underwriting division, will now be known as ACE Recreational Marine Insurance. This change in brand name …

Tenn. Fire Officials: Blaze Claimed 30 Spotted Saddle Horses

Tennessee Investigators are trying to discover the cause of a fire Monday that killed nearly 30 spotted saddle horses at a Shelbyville stable. The blaze at Dickie Gardner Stables was discovered around 3 a.m., officials said. Gardner said he and …

Hylant Group Names Chaney President of Cleveland Office

Toledo, Ohio-based the Hylant Group, the nation’s sixth largest privately held commercial insurance brokerage, has named John W. Chaney as president of the Cleveland office and regional vice president. Chaney will be responsible for the overall management, direction and performance …

Texas October Enforcement Actions Total Nearly $650K

The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during October. The actions include a license revocation, a license denials and fines and restitution totaling $647,498. Copies of Geeslin’s orders may be obtained …

Workers’ Comp Claim Denied for Tenn. Telecommuter Assault Victim

The Tennessee Supreme Court has ruled that a telecommuter who was attacked while preparing lunch in her kitchen wasn’t entitled to workers’ compensation benefits for her injuries. In the case of Kristina Wait v. Travelers Indemnity Co. of Illinois, the …

Tenn. Apartment Owner Files $2.5 Million Lawsuit against State

A $2.5 million lawsuit has been filed by the owner of a Nashville, Tenn., apartment complex against the state, its Department of Children’s Services and a teenage arsonist who set a series of apartment fires last year. The suit states …

USI Closes on Acquisition of Tenn.’s Treadwell & Harry Agency

USI Holdings Corp, out of Briarcliff Manor, N.Y, has completed the acquisition of Memphis, Tenn.-based Treadwell & Harry Insurance, LLC. Treadwell & Harry will be combined with USI’s existing Memphis operation. Source: USI Holdings Corp. www.usi.biz

Insurance Compact Adopts ’08 Budget

The Interstate Insurance Product Regulation Commission adopted a $1.4 million 2008 budget by a vote of its full membership in a public teleconference yesterday. Following a comprehensive comment period, including a public hearing before its Management Committee last week, the …

Federal Panel Asks Miss. Court to Clarify Medical Malpractice Limits

A federal appeals panel is asking the Mississippi Supreme Court to clarify when the clock starts ticking on the filing of certain medical malpractice claims. Specifically, a panel of the 5th U.S. Circuit Court of Appeals wants to know how …

New Markets

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