Nearly 52 percent of U.S. urban Interstates are now congested and traffic fatality rates rose slightly, but road surface conditions and bridge conditions improved, according to the Reason Foundation’s latest annual highway performance report. “Gridlock isn’t going away,” said David …
Bermuda’s reign as the undisputed global leader among captive domiciles is being challenged by U.S. companies that are increasingly leaning toward onshore domiciles for their captive insurance companies. That is among the findings of Aon’s new Global 1500 (G1500) research …
The Property Casualty Insurers Association of America has appointed Jessica Hanson as the public affairs manager for the southeast region. Hanson will be based in PCI’s Tallahassee, Fla., office and will develop and manage public affairs activities in Florida, Georgia, …
A highly anticipated workers compensation reform package is a victory for South Carolina workers, the business community and the insurance industry but it still lacks some integral components necessary to achieve the desired cost saving for employers, according to the …
The furniture store blaze that killed nine Charleston, S.C. city firefighters started on a loading dock, federal investigators said. The loading dock was a covered space between the showroom and the warehouse of the Sofa Super Store, which burned on …
Eastern Alliance Insurance Co. reports it has received regulatory approval to write workers’ compensation business in the four southeastern states of Virginia, North Carolina, South Carolina and Georgia. The company said it plans to open a full-service office in North …
A Beaufort County bridge severely damaged less then two months ago is scheduled to completely reopen this week. Only one lane of the J.E. McTeer Bridge has been open for limited hours since the steel beams under the span were …
Fire swept through a furniture warehouse, collapsing the building’s roof and claiming the lives of nine firefighters in a disaster the mayor described Tuesday as “difficult to fathom or quantify.” “Nine brave, heroic, courageous firefighters of the city of Charleston …
South Carolina Director of Insurance, Scott H. Richardson, announced that South Carolina’s special purpose financial captive insurance program securitized premium streams totaled more than $5 billion in the second quarter of 2007. This program’s growth is due to its consistent, …
The South Carolina House of Representatives and Senate recently agreed to changes to coastal omnibus hurricane legislation, which include extending the notice for homeowners whose insurance would be canceled to 90 days during hurricane season. The measure also increases the …
