Democratic leaders in the South Carolina Senate say they will introduce a bill to borrow $500 million to repair or replace roads and bridges damaged by last month’s catastrophic flooding. Senate Minority Leader Nikki Setzler said Monday the amount can …
The potential exposure home insurers in South Carolina face from the early October storm that flooded the state is estimated to be over $18 billion, according to catastrophe modeling firm CoreLogic. Richland County had the most exposure with 8,185 damaged …
The South Carolina Department of Insurance (SCDOI) has issued a catastrophe claims data call relating to the flood event that hit the state beginning Oct. 1 and its aftermath. In accordance with South Carolina Code of Laws Section 38-13-160, all …
The South Carolina Department of Insurance (SCDOI) has issued two bulletins to insurers in an effort to aid with storm recovery efforts in the state. South Carolina Insurance Director Raymond Farmer issued an emergency regulation on Oct. 9 in response …
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 …
A dangerous rainstorm drenching the East Coast brought more misery Sunday to South Carolina – cutting power to thousands, forcing hundreds of water rescues and closing “too many roads to name” because of floodwaters. Early Sunday, emergency management officials sent …
