Latest South Carolina Headlines
All the headlines from our South Carolina Topic Page, ordered by recency.
South Financial Group Acquires Lossing Insurance Agency of Ocala, Fla.
Dec 2 2005 // The Lossing Insurance Agency, an independent agency based in Ocala, Fla. has been acquired by the South Financial Group Inc. of Greenville, S.C. Terms of the transaction were not disclosed. The acquisition gives The South...
S.C. Insurance Department’s Chief Expert on Risks, Rates, Resigns
Nov 11 2005 // Dean Kruger, the South Carolina Insurance Department’s chief expert on risks and rates was asked to resign this week after he criticized the National Council on Compensation Insurance. Kruger, who worked at the...
ATTORNEY GENERAL TARGETS SCAMS
Nov 7 2005 // The South Carolina Attorney General’s Office is beefing up its Fraud Division staff to reduce a backlog of cases and answer critics who say the department isn’t tough enough on insurance scams. The office has...
News Briefs
Nov 6 2005 // ALABAMA Vesta Reinsurance To Cover Wilma Vesta Insurance of Birmingham, issued a statement saying it has complete reinsurance coverage for Hur-ricane Wilma claims in Florida. “As previously disclosed, Vesta’s...
S.C. Farm Bureau Mutual Names Sanders V.P. of Policy Services
Nov 3 2005 // Gail Sanders has been promoted to vice president of Policy Services of the South Carolina Farm Bureau Mutual Insurance Company in Cayce, S.C. For 11 years, Sanders has worked as the company’s Policy Services manager....
S.C. Reports Fewer Uninsured Drivers
Oct 28 2005 // Fewer uninsured motorists are driving South Carolina’s roads. State officials credit a crackdown by the state Department of Motor Vehicles. In January, the agency began using a new database of drivers who let their...
News Briefs
Oct 17 2005 // ALABAMA AIIA Conference, Educational Sessions The Alabama Independent Insurance Agents has scheduled five upcoming seminars in Mobile, Birming-ham and Huntsville. Oct. 19, Small and Rural Agents Conference, two topics,...
S.C. Attorney General Adds Staff to Target Insurance Scams
Oct 11 2005 // South Carolina’s Attorney General’s Office is beefing up its Fraud Division staff to reduce a backlog of cases and answer critics who say the department isn’t tough enough on insurance scams. The office...
South Carolina Tweaking Hurricane Preparedness Plans
Oct 3 2005 // Emergency workers along the South Carolina coast are tweaking hurricane preparedness plans in the wake of Gulf Coast storms Katrina and Rita. According to the Columbia State, officials are looking into whether there are...
S.C. Court Denies Faulty Workmanship Coverage in Bituminous Case
Sep 29 2005 // The South Carolina Supreme Court issued its decision in the case of L-J, Inc. v. Bituminous Fire and Marine Insurance Co., Sept. 26, holding that faulty workmanship is not considered an accidental event or...
Wilmington Trust Expands Captive Insurance Management Services
Sep 28 2005 // Wilmington Trust, a provider of specialized management and fiduciary services to corporations worldwide, is expanding the reach of its captive insurance management services. Wilmington Trust entered the growing captive...
S.C. Woman Receives Eight Years for Burning Her Vehicle
Sep 22 2005 // A South Carolina woman has pleaded guilty to one count of insurance fraud after she claimed her vehicle was stolen and burned, according to state Attorney General Henry McMaster. Shaunta M. Dukes told police she had been...
NICB: Rise in S.C. Auto Thefts
Aug 24 2005 // There were more than 22,000 vehicles stolen in South Carolina in 2004 according to the National Insurance Crime Bureau, which reports that theft rates rose for the sixth year in a row. NICB reports the Florence, S.C....
AIA Calls 98 Percent Increase in Second Injury Fund a ‘Tax’ on S.C. Employers
Aug 24 2005 // The South Carolina Second Injury Fund for workers’ compensation has approved a record-breaking 98 percent annual increase in the Fund’s 2005 assessment charged to employers, another indication that repeal of...
S.C. Gov. Sanford Appoints Task Force to Study Workers’ Comp
Jul 28 2005 // A 33 percent rate increase proposed by the National Council on Compensation Insurance has motivated Gov. Mark Sanford to form a task force to study the state’s workers’ compensation system. The task force will...
South Carolina Insurance Company, Consolidated American Insurance Liquidations Continue
Jul 27 2005 // Liquidation efforts are continuing for two companies, South Carolina Insurance Company and the Consolidated American Insurance Company, according to South Carolina’s Special Deputy Liquidator J. Smith Harrison...
DOI Slates June 23, 24 S.C. Property Insurance Forum
Jun 14 2005 // The direction South Carolina is headed, how it is addressing the challenges of increasing capacity, fostering competition and providing consumers with options will be discussed during the June 23 and 24 annual Property...
‘Miss Piggy,’ Hurricane Center Forecasters Visit South Carolina, Florida
May 23 2005 // Charleston, S.C., and Jacksonville, Fla., were two of five cities the National Oceanic and Atmospheric Administration, National Hurricane Center forecasters and NOAA Aircraft Operations Center crew visited during a May 2-6...
S.C. Bill to Require Insurance Coverage for Mental Illnesses
May 13 2005 // The South Carolina Senate and House have approved legislation requiring health insurers to include coverage for some mental illnesses and it has been passed on to Governor Mark Sanford for his signature. The legislation...
S.C. Malpractice Premiums Going Up 12.7 Percent in July
May 12 2005 // Despite a bill signed into law last month in South Carolina capping pain and suffering awards in medical malpractice lawsuits, two of the state’s largest malpractice insurers have announced plans to increase...
