The South Carolina insurance department director has extended the life of the state windstorm association’s expanded coverage area for another two years. In a bulletin posted last week, Acting Director Michael Wise renewed the expanded territory, as allowed by law. …
A temporary order extending the area where South Carolina’s residual property insurance market provides insurance has been renewed for another two years. An order issued by South Carolina Insurance Director Ray Farmer says the renewal of the 2007 expansion of …
More private insurers are selling wind coverage to South Carolina coastal property owners, leading to a decline in the population of the state’s windpool. The South Carolina Wind and Hail Underwriting Association reports that it is seeing a moderate decline …
