South Carolina News

Chubb Introduces New Flood Product in Texas

The Chubb Group of Insurance Companies announced it has introduced its admitted excess flood insurance policy in Texas. With the inclusion of Texas, Chubb has launched its flood insurance products in 27 states and the District of Columbia as part …

Fatal Workplace Injuries Drop Slightly, Census Reports

The Department of Labor’s BLS National Census of Fatal Occupational Injuries for 2006 released today show 5,703 people died from on-the-job injuries in 2006 compared with 5,734 in 2005. The rate of fatal work injuries in 2006 was 3.9 per …

South Carolina Highway Closed after Explosive Found in Speeder’s Car

Two men were detained after police found a suspicious item in their car during a routine traffic stop for speeding near Charleston, S.C., authorities said Sunday. Berkeley County sheriff’s Lt. Vince Lombard said the men were being held pending a …

My New Markets

Coin Laundry and Dry Cleaners Nuts & Bolts: Gridiron Insurance Underwriters Inc. is offering a program especially designed for coin laundries and dry cleaners, and similar type risks. 24-hour coin laundries are eligible. Laundry routes at apartment buildings are not …

People

The Property Casualty Insurers Association of America named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson take over the reins of PCI on Sept. 4. PCI represents more than 1,000 …

S.C. wind pool rates rise 35%

Rates for the South Carolina Wind and Hail Underwriting Association went up an overall 35 percent beginning July 19 under an approval from Scott H. Richardson, director of the South Carolina Department of Insurance. In granting the increase, Richardson noted …

Ranking State Road

1. North Dakota 2. South Carolina 3. Kansas 4. New Mexico 5. Montana 6. Georgia 7. Wyoming 8. Oregon 9. Nevada 10. Idaho 11. South Dakota 12. Kentucky 13. Minnesota 14. Indiana 15. Texas 16. Ohio 17. Missouri 18. Virginia …

Won’t go away from the water

Survey finds one-third on coast will resist evacuation According to a new survey of people in high-risk hurricane areas, one-third (31 percent) of residents said if government officials said they had to evacuate due to a major hurricane this season, …

Business Moves

Safeco Seattle-based Safeco has expanded its sales organization from five to nine regions, and has named executives to lead two of the territories. “Independent insurance agents have consistently told us they want more personal contact,” said Spencer Donkin, senior vice …

People and Places

The Property Casualty Insurers Association of America named Deputy Secretary of Commerce David A. Sampson to serve as the association’s president and chief executive officer. Sampson take over the reins of PCI on Sept. 4. PCI represents more than 1,000 …