South Carolina flood insurance 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 …

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 …

FEMA Designates Additional 18K South Carolina Properties in Flood Zone

Thousands of property owners in Horry County are being told they will be required to buy flood insurance. Local media outlets report that the Federal Emergency Management Agency has updated flood plain maps and now an additional 18,000 properties in …

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 …

FEMA to Provide Additional $10M in Aid to South Carolina Flood Victims

South Carolinians who were originally refused help following last October’s historic floods will be getting about $10 million in aid. The State of Columbia reports that the money became available through a program in which Federal Emergency Management Agency disaster …

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. …

South Carolina Insurers to Weather At Least $181M in Claims from October Storm

The mega-storm that devastated South Carolina in early October is estimated to have cost more than $1.4 billion with insurers paying around $181 million of those losses in claims, so far. South Carolina Gov. Nikki Haley announced the flood damage …