Tennessee Insurance Legal News - January 2014 • Volume 3, Number 1

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In This Issue:

- ARBITRATION PROVISION WITHIN TENNESSEE’S UNINSURED MOTORIST STATUTE HELD NOT APPLICABLE TO INSURANCE POLICIES ISSUED AND DELIVERED OUTSIDE TENNESSEE:

The Tennessee Court of Appeals addressed the issue of whether the arbitration provisions contained within Tennessee’s Uninsured Motorist (“UM”) statute apply to policies issued and delivered outside of Tennessee...

- TENNESSEE COURT OF APPEALS INTERPRETS EXCLUSIONARY CLAUSE IN AUTOMOBILE CASUALTY INSURANCE POLICY:

Recently, the Tennessee Court of Appeals issued an opinion involving the interpretation of an exclusionary clause in an automobile casualty insurance company...

- TENNESSEE SUPREME COURT HOLDS THAT INSURER IS ENTITLED TO RELY UPON FACIALLY VALID ORDER OF FINANCIAL GUARDIANSHIP DESPITE DEFICIENCIES:

In Hood v. Jenkins, et al., No. E2011-02749-SC-R11-CV, 2013 Tenn. LEXIS 1009 (Tenn. Dec. 19, 2013), a minor beneficiary of a $100,000 life insurance policy, filed suit against his financial guardian and the insurance company after the guardian misappropriated the insurance proceeds. The trial court entered judgments in favor of the minor against both the guardian and the insurance company...

Please see full newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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