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Topic: Leslie A. Newman
Nashville, TN – The Tennessee Department of Commerce and Insurance’s (TDCI) Commissioner, acting as statutory receiver, has secured several multi-million-dollar settlements for policyholders in relation to receiverships the Department initiated for the public’s financial safety in 2003. While the dollar amounts of the settlements are confidential, the receiver plans to file a proposal with the court to make an interim distribution to policyholders equal to 40 percent of approved claims in the near future. The interim distribution will be followed by an additional and substantial final distribution as claims become final. «Read the rest of this article» Sections: News | No Comments
State Fire Marshal’s Office issues warnings on Christmas trees
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Tennessee Insurance Division reminds consumers of Medigap law change
Nashville, TN – The Department of Commerce and Insurance (TDCI) wants Tennessee insurance consumers to be aware of changes in the law relating to the regulation of the sale of Medicare Supplement insurance products (“Medigap”) in this state. This week it has posted a bulletin addressing eligibility expansions for the State-required offer of Medigap policies to persons under 65 eligible for Medicare due to disability or end-stage renal disease (ESRD). «Read the rest of this article» Sections: News | No Comments
State Fire Marshall Asks Residents to Prepare Home for Cold Weather
“The winter weather means many people will begin to heat their homes with fireplaces, woodstoves and space heaters,” said Newman. “Cold weather months typically have a higher number of accidental fire injuries and deaths due to the use of these alternative heat sources.” «Read the rest of this article» Sections: News | No Comments
Tennessee Securities Division in effort to protect seniors from fraud
Nashville, TN – The Tennessee Department of Commerce & Insurance (TDCI) Securities Division is participating in a multistate effort to partner with securities professionals in providing training to thousands of healthcare professionals to detect the financial abuse of elders, particularly seniors with cognitive impairment. “The Securities Division is excited to be participating in the Elder Investment Fraud and Financial Exploitation Prevention Program,” says TDCI Commissioner Leslie A. Newman. “This effort is crucial: Many of the victims of the securities scams investigated by my department are senior citizens and, unfortunately, some are extremely vulnerable to securities Ponzi schemes and other illegal investment.” «Read the rest of this article» Sections: News | No Comments
As you adjust your clocks, change smoke alarm batteriesState Fire Marshal offers daylight saving time reminder
“Smoke alarms, even those that are hard-wired, should have their batteries replaced regularly and should be tested monthly to ensure they’re providing the proper protection,” says Tennessee State Fire Marshal Leslie A. Newman. “Use the extra hour we gain this weekend to make sure your home and family are fire-safe.” «Read the rest of this article» Sections: News | No Comments
State Fire Marshal offers tips for Fire Prevention MonthTennesseans’ largest fire hazards lurk in plain sight
“Tennessee occupies an undesirable ranking in the country for fire deaths. Falling asleep while smoking in bed or in a comfortable chair remains a significant cause of fire deaths in Tennessee,” says Department of Commerce and Insurance Commissioner and State Fire Marshal Leslie A. Newman. “If you smoke, make sure your home’s smoke detectors are functioning properly.” «Read the rest of this article» Sections: News | No Comments
Tennessee State Fire Marshal’s Office adopts State residential codesEnforcement for new 1- and 2-family homes will begin in October
“Enforcing building codes will make new homes safe and more energy-efficient, and will help assure the quality of residential construction meets minimum standards,” said State Fire Marshal and Department of Commerce and Insurance Commissioner Leslie A. Newman. «Read the rest of this article» Sections: Business | No Comments
Summer chefs, be sure to follow grilling safety guidelinesOutdoor cooking a seasonal favorite but comes with fire risks
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Tennessee Motor Vehicle Commission urges caution when buying used carsVehicles with flooding damage could be sold to unsuspecting Consumers In light of the historic flooding throughout the state, the Tennessee Motor Vehicle Commission is encouraging consumers to be cautious when buying used cars. Scam artists may use this time to attempt to sell cars with flood damage to unsuspecting consumers. Flooding can cause damage to the vehicle’s computer and electrical systems, as well as potentially causing brakes and airbag systems to malfunction. The Tennessee Motor Vehicle Commission advises consumers to only buy from dealers that hold a Motor Vehicle Dealers License issued by the Commission. To search for a license, visit http://verify.tn.gov/. «Read the rest of this article» Sections: News | No Comments
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