South Carolina Insurance Director Raymond Farmer News

Southeast Storm Update: Significant Auto Losses Expected

Claims are already starting to trickle in from the major storm that hit South Carolina over the weekend and that is now causing additional flooding problems in North Carolina. According to State Farm Spokesman Justin Tomczak, the insurer had received …

South Carolina Insurance Director: Insurers Ready for Claims from ‘Devastating’ Storm

The insurance industry is bracing itself for an expected onslaught of claims in the wake of what South Carolina officials are calling a 1 in 1,000 year storm. “This is an extremely devastating event,” said South Carolina Director of Insurance …

South Carolina Orders Rate Revision for State Workers’ Comp Plan

South Carolina Insurance Director Raymond Farmer approved an overall revision of +1.9 percent to the state’s voluntary workers’ compensation policy loss costs and a decrease of .3 percent in the assigned risk rate level results for the state’s workers’ comp …