Latest Tennessee Headlines

All the headlines from our Tennessee Topic Page, ordered by recency.

Tennessee Updates Its Captive Insurance Law

May 26 2011 // Tennessee Gov. Bill Haslam is expected to sign a bill allowing the formation of new types of captive insurance companies in the state and guaranteeing funding for their regulation.The state has been falling behind in the...

Tennessee Approves Caps on Lawsuit Damages

May 25 2011 // Tennessee Governor Bill Haslam is praising lawmakers for giving final approval to a plan to cap non-economic and economic damages stemming from lawsuits.The Tennessee General Assembly approved HB 2008 that places a cap of...

Tennessee Bill to Limit Lawsuit Damages Moves Ahead

May 17 2011 // Gov. Bill Haslam’s proposal to limit lawsuit damages in Tennessee has passed the Senate last week despite passionate arguments from opponents that the measure would unfairly target victims.The legislation carried by...

Business Moves

May 16 2011 // Argus Fire & CasualtyA Florida insurance company is on its way to closing its door as it informed agents it is going to start dropping policyholders when their policies are up for renewal. Argus Fire & Casualty,...

Tennessee House Passes Bill Limiting Lawsuit Damages

May 11 2011 // The Tennessee House this week approved Republican Gov. Bill Haslam’s measure to place limits on payouts from successful lawsuits.The chamber voted 72-24 to pass the bill carried by Republican Rep. Vance Dennis of...

Tennessee Insurance Agents Secure Investigation Protections, Lower Fines

May 2 2011 // Tennessee insurance agents who come under investigation by the state will enjoy some new due process protections and face lower financial penalties if found in violation of any laws under a measure just signed into law.For...

Business Moves

May 2 2011 // The Hanover, ChaucerA half-billion dollar deal that would make Lloyd’s insurer Chaucer part of Massachusetts-based The Hanover is in the works. Terms of the transaction involve a cash-for-stock swap valued at $510...

Business Moves

May 2 2011 // Hanover, ChaucerA half-billion dollar deal that would make Lloyd’s insurer Chaucer part of Massachusetts-based The Hanover is in the works. The transaction involves a cash-for-stock swap valued at $510 million, which...

Tornadoes, Storms Rip South, at Least 228 Dead

Apr 28 2011 // Tornadoes and violent storms ripped through seven southern U.S. states, killing at least 228 people as they flattened neighborhoods, flipped cars and toppled trees and power lines.In the deadliest series of tornadoes in...

Tennessee Lawsuit Damages Bill Advances in Senate

Apr 28 2011 // Gov. Bill Haslam’s proposal to limit lawsuit damages is advancing in the Tennessee Legislature.The measure was approved by the Senate Judiciary Committee 6-3 on Tuesday and will now be scheduled for a vote on the...

Strate Insurance Becomes Keystone Insurer Partner in Tennessee

Apr 27 2011 // Strate Insurance Group Inc. of Morristown has become Keystone Insurers Group’s sixth franchise partner in Tennessee. Strate Insurance Group President Tom Strate and Keystone Tennessee Vice President Doug Dukes...

Tennessee Insurance Agents Win Investigation Protections, Lower Fines

Apr 26 2011 // Tennessee insurance agents who come under investigation by the state will enjoy some new due process protections and face lower financial penalties if found in violation of any laws under a measure just signed into law.For...

As Tennessee Debates Limits, Verdict Winners Say Money’s Not the Issue

Apr 21 2011 // A mother who won $1.5 million in court for the death of her only child says the March verdict brought her some closure, but she was too emotional a week later to testify to state lawmakers about why she thinks their idea...

Keystone Group Adds Four Tennessee Agencies

Apr 19 2011 // Keystone Insurers Group is expanding its presence in Tennessee by teaming up with four new franchise partners.E.B. Thom & Sons, McIntire & Associates Insurance Inc., Porch-Stribling-Webb Inc. and Art E. Gernt have...

Tennessee Valley Authority Settles Environmental Claims

Apr 15 2011 // The Tennessee Valley Authority (TVA) will invest as much as $5 billion to reduce coal-plant emissions to settle allegations of Clean Air Act violations at 11 coal-fired power plants in three states, the U.S. Environmental...

Tennessee Judge Dismisses Mechanical Bull Injury Suit

Apr 14 2011 // A Maury County judge has dismissed a lawsuit filed by a Florida woman claiming she was injured while riding a mechanical bull. According to The Daily Herald, an order was filed April 1 by Judge Stella Hargrove throwing out...

Tennessee’s Opry Mills to Reopen; Suit Against Flood Insurers Goes On

Apr 12 2011 // Nearly one year after a historic flood ravaged Nashville and submerged the popular Opry Mill shopping mall, the mall said it will reopen in 2012.This will happen despite the fact the property owner, Simon Property, is...

Tennessee Governor Urged to Sign Personal Lines Flexible Rating Bill

Apr 7 2011 // Tennessee lawmakers have passed a bill allowing property/casualty insurers to implement rate adjustments for personal auto and home insurance policies without prior state approval.Insurers are urging Governor Bill Haslam...

Tennessee Worker’s Harassment Award Against Whirlpool Affirmed

Apr 5 2011 // A federal judge has affirmed a million-dollar judgment against Whirlpool Corp. in a sex and race harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency said.Judge John T. Nixon...

Brown & Brown to Acquire Tennessee Bank’s First Horizon Insurance

Apr 1 2011 // Brown & Brown has agreed to acquire First Horizon Insurance Group Inc. from First Tennessee Bank.The acquisition is expected to close in late April of this year. With annualized revenues of approximately $14.8 million,...