Insurance claims in Tennessee rise following recent storms

storm weather power insurance claims

The state has been experiencing some fierce weather in certain areas, leading to thousands of dollars in damage. This summer has been quite the stormy one, so far, in parts of Tennessee, and along with that weather has come thousands of dollars in property damage which has, in turn, led to a spike in insurance claims. The state is now issuing recommendations for filing those claims, to help consumers and prevent fraud. As the state anticipates that a large number of consumers will be filing insurance claims with their providers…

Read More

Health insurance initiative struck down in Tennessee

Tennessee Health Insurance

Insure Tennessee fails to win the approval of a Senate committee Insure Tennessee, an initiative that would have expanded access to health insurance in Tennessee, has failed to meet approval of a Senate committee for the second time. The initiative was meant to expand the state’s Medicaid program, which would have brought insurance coverage to some 280,000 people living in the state. Insure Tennessee was the endeavor of Governor Bill Haslam, who has been seeking to expand Medicaid in the state for some time. Initiative was unable to gain legislative…

Read More

Health insurance exchange in Tennessee could be blocked

Tennessee Health Insurance

Senator Brian Kelsey has proposed a bill that would stop the state from being able to launch its own marketplace. Tennessee Senator Brian Kelsey (R-Germantown), who played a central role in ending Governor Bill Haslam’s (R) Medicaid extension plan for 280,000 residents of the state within low incomes, is now setting his sights on 230,000 people who already have coverage under the federal health insurance exchange. The bill that Sen. Kelsey has proposed would block the state from forming its own online insurance marketplace. The state of Tennessee would not…

Read More

Tennessee health insurance exchange still undecided

Tennessee Health Insurance

Governor Haslam mulls fate of Tennessee health insurance exchange Tennessee is among several states in the U.S. that have been weighing options concerning the establishment of a health insurance exchange. Last month, legislative inaction threatened to derail the state’s ability to meet with federal guidelines. This inaction left the matter squarely in the hands of Governor Bill Haslam, whom is not a staunch supporter of the Affordable Care Act, but also not its largest critic. Governor Haslam has announced that the state could build its own health insurance exchange with…

Read More

Tennessee health insurance exchange plans still uncertain

Tennessee Health Insurance Exchange Deadline

Tennessee health insurance exchange faces unclear future Throughout the U.S., states are facing down a looming deadline from the federal government concerning their plans to establish health insurance exchanges. These states have until the end of 2012 to submit their plans to the Department of Health and Human Services or risk having the federal government begin playing a larger role in their health insurance plans. In Tennessee, plans to build an exchange have not yet been finalized, as regulators continue to determine the validity and necessity of a Tennessee health…

Read More

Insurance news in Tennessee shows homeowners surprised by lack of roof payouts

Insurance news and roof damage material changes

Farm Bureau limits their payments for rooftop damage for recent policies. Residents of Tennessee may soon need to make larger out of pocket payments for roof damage, following the latest insurance news in which it was announced that 100 percent coverage would no longer be offered by a large insurer. Farm Bureau Insurance will now cover only the cash value of certain roof repairs. The insurer, also known as Tennessee Farmers Mutual Insurance Co., has released this insurance news, which states that roofing materials such as shingles will no longer…

Read More

Tennessee Legislature to investigate workers’ compensation system

Tennessee’s workers’ compensation insurance system is to be the subject of review this year. State officials, businesses and insurance experts are to examine how the system is working and how it can be improved. Tennessee has seen its fair share of criticism in recent years as several companies claim the state is too unfriendly to business. Governor Bill Haslam has decided to make the workers’ compensation system a primary focus of the state’s Legislature and hopes to solve some of the complaints it has generated in the past. One of…

Read More