TN Insurance Bulletin (2006-01-31): Inclusion of Mandatory Arbitration Provision in Insurance Policy Forms

[LOGO] STATE OF TENNESSEE DEPARTMENT OF COMMERCE AND INSURANCE 500 JAMES ROBERTSON PARKWAY NASHVILLE, TENNESSEE 37243-5065 615-741-6007 PHIL BREDESEN GOVERNOR PAULA A. FLOWERS COMMISSIONER ## BULLETIN TO: All Insurance Companies Authorized to Conduct Business in this State FROM: Paula A. Flowers, Commissioner Paula A. Flowers Department of Commerce and Insurance RE: Inclusion of Mandatory Arbitration Provisions in Insurance Policy Forms DATE: January 31, 2006 The purpose of this Bulletin is to communicate the Department's position regarding the inclusion of mandatory arbitration provisions in insurance policy forms. Effective immediately, please be advised that no insurance policy form hereafter filed with the Department shall be disapproved due to the inclusion of a mandatory arbitration provision unless such provision is otherwise prohibited by law. Should you have any questions concerning the position set forth in this Bulletin, or its application, please contact the Insurance Division, Fourth Floor, Davy Crockett Tower, 500 James Robertson Parkway, Nashville, Tennessee, 37243, and/or telephone number (615) 741-2176. PAF/jas