South Carolina News

S.C. Firefighters’ Families to Receive Workers Compensation, Donations

The families of nine firefighters killed in a furniture store fire are set to receive $700,000 each in donations and workers’ compensation payments. Relatives could also receive a federal death benefit that could put compensation over $1 million. The firefighters …

S.C. Beaches in Good Shape, Some Structures in Path of Danger

South Carolina’s beaches overall are well prepared to withstand the winds and waves of this year’s hurricane season, but there are a few spots along the coast to worry about, a state official said. “Looking at the entire state, we’re …

Liberty Mutual Realigns Agency Companies to Welcome Ohio Casualty

Boston-based Liberty Mutual Group finalized its acquisition of Ohio Casualty Corp. on Friday, Aug. 24, 2007 and immediately announced a realignment of its $5.9 billion net premium regional agency company organization to make room for Ohio Casualty and its $1.4 …

My New Markets

Youth recreation programs Nuts & Bolts: Markel Insurance Co. is offering coverage for youth recreation programs and camps. Coverage includes general liability, umbrella, sexual abuse/molestation, directors and officers, child abduction, special events, professional liability, property, key employee replacement, auto, crime, …

My New Markets

Youth recreation programs Nuts & Bolts: Markel Insurance Co. is offering coverage for youth recreation programs and camps. Coverage includes general liability, umbrella, sexual abuse/molestation, directors and officers, child abduction, special events, professional liability, property, key employee replacement, auto, crime, …

IISI Offers Courier/Package Delivery Program

Innovative Insurance Solutions, Inc., an insurance advisor specializing in transportation risks, has launched a new program specifically for couriers/package delivery and others in the expedited local delivery industry. IISI is the exclusive program manager, with the authority to quote, bind …

Audit Requested of S.C. Insurance Department’s Rate Oversight

A South Carolina Senate leader is asking the Legislative Audit Council to review practices at the state Insurance Department that may have let insurance companies raise rates without adequate oversight. Senate President Pro Tem Glenn McConnell, R-Charleston, asked the state …

Calif. Suspects Arrested for $20,000 in Auto Insurance Fraud

An investigation by the California Department of Insurance (CDI) Fraud Division and four additional state law enforcement groups has led to the arrest of multiple alleged automobile insurance fraud perpetrators. Four suspects, Federico Quistian, 58, of Sunnyvale, Calif.; Roberto Garcia …

S.C.: Rosenfeld Einstein Adds Kountz as Commercial Lines Executive

South Carolina’s Upstate-based Rosenfeld Einstein added Paul D. Kountz III, as Commercial Lines account executive at the regional brokerage and consulting firm. Kountz will serve clients in all areas of Commercial Lines Business Insurance, including property, casualty, general liability, auto …

GAINSCO Sells E&S Writer General Agents Insurance Co. to Montpelier Re

Dallas-based GAINSCO, Inc. and its insurance subsidiary MGA Insurance Co. Inc. have agreed to sell their affiliate General Agents Insurance Co. of America, Inc. to Montpelier Re U.S. Holdings Ltd. for $4.75 million. The company said it expects to record …