On December 9, 2023, Tennessee experienced devastating tornadoes that resulted in the destruction of property and other tragedies. The Tennessee Department of Commerce and Insurance (TDCI) issued Bulletin 23-06 following the tornadoes, requesting licensed insurers in the state of Tennessee to assist policyholders who have been affected by the tornadoes by suspending the cancelation or non-renewal of policies due to non-payment of premium for a period of at least 60 days.
Tennessee
Tennessee Requests Moratorium Following Several Tornadoes
Dec 21, 2023 / by AAIS posted in Compliance, Tennessee
Tennessee Requests Insurers' Assistance with Policyholders' Tornado Recovery
On April 10, 2023, the Tennessee Department of Commerce and Insurance (DCI) issued Bulletin 23-01 requesting insurers' assistance with policyholders affected by the March 31, 2023 and April 1, 2023 tornadoes.