insurance losses from South Carolina Storm News

South Carolina Insurance Head Talks Lessons Learned After Historic Flood

South Carolina’s coastal property insurance market is strong, but the state’s significant catastrophe risk remains an ongoing threat and not one that should be taken lightly. That is the message South Carolina Insurance Director Raymond Farmer hopes to get across …

South Carolina Lawmakers Override Governor’s Farm Aid Veto

With dozens of farmers in the lobby and lawmakers cheering every speech, the South Carolina House on Tuesday voted to override Gov. Nikki Haley’s veto of a bill offering $40 million in state aid to farmers who lost their crops …

South Carolina Governor Vetoes $40M Flood Aid Bill for Farmers

Gov. Nikki Haley vetoed a bill Monday that would send $40 million in aid to South Carolina farmers, saying farmers may complain loudly, but don’t need a bailout that isn’t being offered to all small businesses. The veto sets up …

Flood Aid Bill for South Carolina Farmers Headed to Governor

A bill to give $40 million to South Carolina farmers who lost much of their crops in last year’s massive floods is on its way to a showdown with the governor. The House voted 85-2 Wednesday to agree to the …

South Carolina Senate Approves $40M Farmer Flood Aid

The Senate has approved a bill providing $40 million to South Carolina farmers devastated by last fall’s flooding. Senators voted 33-3 Thursday on legislation allowing farmers in disaster-declared counties to apply for up to $100,000 in grants covering up to …

South Carolina Lawmakers Seek to Provide $40M in Aid to Farmers Hit by Flood

South Carolina farmers devastated by last fall’s flooding could get up to $40 million in state aid to stay afloat under legislation advanced Wednesday to the House floor. The legislation approved 21-0 by the Ways and Means Committee allows farmers …

South Carolina Extends Data Call from October Storm

The South Carolina Department of Insurance (SCDOI) has advised insurers to continue to report P&C claims as per the data call issued for the October 2015 flood event and its aftermath. The data call was originally issued Oct. 13, 2015 …

South Carolina Lawmaker Plans to Seek Additional Aid for Farmers

The state House’s budget leader says he wants to reassure South Carolina farmers devastated by October’s flooding disaster that the Legislature will help them out. Lawmakers must help farmers survive direct crop losses estimated at $376 million, said Ways and …

Disaster Loans Available to Agricultural Entities in South Carolina

The U.S. Small Business Administration announced Dec. 8 that federal Economic Injury Disaster Loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations located in South Carolina as a result of …

South Carolina Governor Denies Farmer Request to Seek Storm Loss Aid

Farmers packed the South Carolina Statehouse on Monday to beg Gov. Nikki Haley to ask Congress for money to offset their estimated $376 million in losses from last month’s historic flooding. But the Republican governor is unwavering in her refusal. …