NU Online News Service, June 14, 2:53 p.m. EDT
Tennessee Gov. Bill Haslam has signed legislation that will allow the formation of captive-insurance companies in the state.
The new legislation, passed unanimously by both the Tennessee House and Senate in May, could change risk management for corporations both within and outside of Tennessee, according to Nashville, Tenn.-based Burr & Forman LLP partner Kevin M. Doherty, who helped draft the legislation.
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