One state agency in South Carolina is getting an early start on Bring Your Daughters and Sons to Work Day. The Post and Courier of Charleston reports the South Carolina Department of Insurance announced this week it will allow new …
South Carolina has alerted insurers of several changes to loss costs for the state’s voluntary and assigned risk workers’ compensation markets, and has issued a requirement that updated loss cost multipliers be filed in response to the recent termination of …
South Carolina Department of Insurance (SCDOI) assisted South Carolina insurance consumers in receiving $4,997,748 in insurance-related payments in 2017, according to a statement from Director Ray Farmer. These recovered funds are in addition to the original amounts offered to policyholders …
The South Carolina Department of Insurance has set a deadline for auto insurers in the state to meet the requirements of the recently passed moped safety legislation. The new moped law, which takes effect July 1, amends South Carolina’s motor …
The South Carolina workers’ compensation market is strong, according to the state department of insurance’s most recent report, as the first reform to the state’s workers’ comp system in almost a decade readies to complete a full year of enactment …
The governors of Florida, Georgia and South Carolina have ordered a State of Emergency for each of their respective states as Hurricane Matthew makes its way up the Southeast coast after battering Haiti and Cuba. The Florida Division of Emergency …
Versions of global catastrophe risk management firm RMS’ North Atlantic Hurricane Models have been approved by South Carolina’s Department of Insurance for the purpose of residential rate filings. Approval for the hurricane model versions 15.0 and 15.0.1 was provided on …
New requirements regarding the implementation of changes in workers’ compensation loss costs have been passed by the South Carolina Legislature, and the insurance department is reminding insurers to ensure they follow the new filing rules as loss cost increases will …
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 …
The South Carolina Department of Insurance (SCDOI) has issued a data call for property and casualty insurers writing residential property in the state in an effort to inform South Carolina’s coastal homeowners of the discounts available for performing risk mitigation …
