Commerce and Insurance

Commerce and Insurance Reminds Flood Victims to Be Aware of Fraud Artists

NASHVILLE- FEMA representatives in touch with the Department have instructions for people affected by the historic flood that has devastated Middle Tennessee: Treat with suspicion anyone claiming to be with the agency who shows up unannounced.

Department of Commerce & Insurance Resources for Flood-hit Tennesseans

Links to Divisions, Contractors, U.S. Flood Insurance Information
 
NASHVILLE The Department of Commerce and Insurance, whose buildings have been shut down as a result of the historic flooding that has devastated Middle Tennessee, has set up an operations center to respond to the numerous calls and e-mails from the public. 
A number of Tennesseans have questions about flood insurance. Flood insurance is overseen by the Federal Emergency Management Agency (FEMA). FEMA has information on flood insurance at http://www.fema.gov/hazard/flood/info.shtm.

Flooding affects phone service to TDIC Regulatory Boards

Andrew Johnson Building Closed; Consumer Affairs Taking Calls
 
NASHVILLE, TN – Due to the historic flooding that has resulted from May 1-2, 2010, rainfall, the Andrew Johnson Building – which houses the Department of Commerce and Insurance (TDCI) Regulatory Boards – has been closed, affecting phone service to the boards.

Commerce and Insurance Offers Storm-Related Tips

NASHVILLE- As tornado season gets under way, the Department of Commerce and Insurance would like to offer consumers some tips for interacting with insurance companies and for selecting contractors:

Department of Commerce and Insurance Cautions Consumers to Beware of Health Care Scams

NASHVILLE - Scam artists may be attempting to defraud consumers about recently enacted federal health insurance reforms. Reports from across the nation indicate fake agents and sales representatives are going door-to-door claiming to be with the federal government to peddle phony health insurance policies. Elderly consumers are prime targets for these scams. 

Next Generation 911 Project Moves Forward

NASHVILLE - The Tennessee General Assembly’s Fiscal Review Committee today approved an amendment to a state contract that will allow a planned digital upgrade of 911 service to move forward. The approval comes on the heels of the Tennessee Emergency Communications Board’s (TECB) adoption of a plan to distribute $25 million to local governments to purchase equipment for the upgrade, known as NG 911.

Consumer Affairs Offers Tips for Reselling Timeshares

NASHVILLE - A timeshare’s value is tied to travel habits and location. And, when owners’ circumstances change, they can sour on their properties and look to resell. But remember, the quickest way to sell property isn’t always the wisest way.

Securities Division Sends Notice to Morgan Keegan

NASHVILLE - The Securities Division of the Department of Commerce and Insurance has commenced an administrative action today by serving upon Morgan Keegan and other respondents the notice required under the law as a prerequisite to the formal filing of a Petition.

Consumer Affairs Advises Tennesseans to Beware of Census Scam Artists

NASHVILLE - With the U.S. Census under way, the Division of Consumer Affairs wants to remind Tennesseans that scam artists often use the guise of government-related programs to steal from the unwitting. “Government-benefits fraud is more prevalent than credit card fraud,” says Consumer Affairs Director Mary Clement. “We don’t want Tennesseans to fall prey to identity theft or worse.”

Replace Smoke Alarm Batteries As You Spring Forward

NASHVILLE - As clocks move ahead this weekend for daylight saving time, Tennessee State Fire Marshal and Commerce & Insurance Commissioner Leslie A. Newman would like to remind Tennesseans to change their homes’ smoke alarm batteries, as well.
 
“ ‘Change your clock, change your battery’ is an easy phrase to remember and practice, when you update your clocks this weekend,” says Newman. “Smoke alarms, even those that are hard-wired, should have their batteries replaced regularly and be tested monthly to ensure you have the protection you need,” Newman says. “Use this time to protect your home and family.”
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