Latest South Carolina Headlines
All the headlines from our South Carolina Topic Page, ordered by recency.
Over 900 Fraud Cases Reported in S.C. in 2002
Jan 27 2003 // Courts in South Carolina ordered nearly $168,000 in fines and restitution to be paid in 2002, the result of the 914 cases of insurance fraud that were reported to Office of the Attorney General’s Insurance Fraud...
Watts is New Board President of S.C. Insurance News Service
Jan 24 2003 // The South Carolina Insurance News Service announced the appointment of Cheryl Watts as the new president of its board of directors. Watts is the southeast division underwriting manager for Liberty Mutual Insurance Company....
SCDOI to Send Notice of Producers’ Administrative Fee
Jan 16 2003 // The South Carolina Department of Insurance announced that during the week of February 5, 2003, the department will mail to all licensed unlimited lines resident and nonresident South Carolina producers a notice for payment...
BCBS of South Carolina Buys Benefits Administration Co.
Jan 14 2003 // As of January 2003, Thomas H. Cooper & Co., a corporate benefits administration firm. was sold to BlueCross BlueShield of South Carolina. Thomas H. Cooper & Co. will operate out of its Charleston office as an...
Csiszar Reappointed as S. C. Director of Insurance
Dec 31 2002 // Governor-Elect Mark Sanford reappointed Ernst N. Csiszar as the South Carolina Director of Insurance. Csiszar was originally appointed as the Director of Insurance in 1999 under Governor Hodges’ Administration. Over...
Piedmont Ordered into Liquidation in South Carolina
Dec 31 2002 // The South Carolina Department of Insurance announced that Piedmont Insurance Company recently became the subject of an Order of Liquidation which declared the company insolvent and directed the South Carolina Department of...
Let’s Reform the Texas Insurance Market the Right Way
Dec 16 2002 // Oklahoma Insurance Commis-sioner Carroll Fisher put it best when he recently said, “The best regulator of insurance rates is the consumer. For all the hard work state employees do to regulate insurance companies,...
AAI Says Residual Auto Market Burden Lessens, Still a Problem However in Several States
Dec 6 2002 // Despite the lowest market share in over 20 years, automobile residual market mechanisms in several states continued to burden private insurers in 2000 as revealed in the latest edition of the Alliance of American...
Hike Requested for S.C. Workers’ Comp Rates
Nov 22 2002 // Workers’ compensation rates in South Carolina would rise by an average of 20.3 percent if a rate hike request filed by the National Council on Compensation Insurance (NCCI) is approved by the South Carolina...
S.C. Captive Conference and Seminar Approved for CE Credits
Nov 19 2002 // The South Carolina Captive Association Inc.’s (SCCIA) Third Annual Educational Conference was approved for 10 hours of continuing education (CE) credit by the South Carolina Department of Insurance. The SCCIA said...
Seibels Bruce Reports Profitable Third Quarter
Nov 18 2002 // The Seibels Bruce Group Inc. of Columbia, S.C. announced financial results for the quarter that ended September 30, 2002, reporting a net profit for the quarter of $1.8 million, or $0.21 per share (basic and diluted). This...
Brown & Brown Acquires C. Douglas Wilson Co.
Oct 21 2002 // Florida’s Brown & Brown Inc. and C. Douglas Wilson Company Inc. announced Brown & Brown’s asset acquisition of C. Douglas Wilson Company, Life & Health Consultants Inc., and Burnett-Bates Agency...
S.C. Sees Decrease in Job Site Deaths
Sep 30 2002 // Studies show that fewer South Carolina workers are dying on the job and safety training is being attributed to the decline. According to the South Carolina newspaper The State, the increased emphasis by businesses and...
S.C. Seeks Help in Drafting Bulletin
Sep 16 2002 // The South Carolina Department of Insurance has invited interested parties to assist the department in drafting a bulletin to communicate multiple changes in a new producer licensing law scheduled to go into effect Jan. 31,...
CDI Issues C&D Order to Seibels Bruce Subsidiary
Sep 12 2002 // South Carolina-based Seibels Bruce Group Inc. announced that its subsidiary, South Carolina Insurance Company (SCIC), voluntarily agreed with the California Department of Insurance (CADOI) to cease and desist from...
First Financial Holdings Acquires Johnson Associates
Aug 19 2002 // First Financial Holdings, Inc. has acquired South Carolina-based Johnson Insurance Associates Inc., an independent agency. Established in 1983, Johnson Insurance specializes in commercial business accounts. The...
The Seibels Bruce Group Notes 2ndQ Profit 2002
Aug 13 2002 // South Carolina-based The Seibels Bruce Group Inc., posted a net profit of $1.0 million, or $0.11 per share (basic and diluted) in the second quarter This is compared with a net profit of $1.1 million, or $0.13 per share...
S.C. Legislative Session Ends with Good News for Insurers
Jun 21 2002 // The 2002 session of the South Carolina legislature wrapped up last week on a positive note for the insurance industry, which saw victories on issues including credit scoring, commercial modernization, and producer...
AAI Urges S.C. Panel Considering Building Codes to Include Insurer Voice
Jun 17 2002 // A state panel that will be considering changes to the South Carolina building code needs to balance the concerns of all stakeholders to create sound public policy decisions, according to the Alliance of American...
S.C. Commissioner Unveils Credit Scoring Regulations
Jun 12 2002 // South Carolina Director of Insurance Ernst Csiszar has issued a bulletin stipulating under which circumstances credit scoring may be used to underwrite and rate auto insurance policies. Backed by the American Insurance...
