Tennessee Annuity

The Tennessee Department of Commerce and Insurance is a large, diverse agency charged with protecting the interests of consumers. In doing so, however, it must ensure that it provides for fair and efficient oversight while allowing competition among a broad number of businesses. The Division of Consumer Affairs enforces the Tennessee Consumer Protection Act and mediates and/or resolves over 6,000 consumer complaints each year.

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Tennessee Insurance Commissioner

Governor Bill Haslem appointed Julie Mix McPeak as Commissioner of the Tennessee Department of Commerce and Insurance. Prior to her appointment, Ms. McPeak practiced at the law firm of Burr & Forman, LLC, and served Executive Director of the Kentucky Office of Insurance. Ms. McPeak has written and lectured extensively on life insurance and annuities. Her most recent articles include, "The Saga Continues: More Uncertainty for Fixed Indexed Annuity Insurers" and "The SEC's Adventures in Wonderland: The Indexed Annuities Regulatory Debate". A member of the Tennessee Bar Association, the Kentucky Bar Association, the Nashville Bar Association and the Franklin County Bar Association, Ms. McPeak received her B.B.A from the University of Kentucky and her J.D. from the University of Louisville School of Law.

Tennessee Annuity Resources

The Tennessee Department of Insurance is responsible for regulating each of the 1,600 insurance companies and the 90,000 insurance agents doing business in the state, as insurance contributes more than $14 billion to the state economy each year. The Tennessee Department of Commerce is located at 500 James Robertson Parkway, Davy Crockett Tower, Nashville, TN 37243. The phone number is (615) 741-2241. For more information, visit the website here.

 

Capital: Nashville
State Commissioner: Julie Mix McPeak
Insurance Hotline: (615) 741-2241
Annuity Guarantee Limit: $100,000
Website: http://www.state.tn.us/commerce/index.shtml
Links: Charitable Gift Annuities