South Carolina News

Personal Lines LEADERS

About the Personal Lines Leaders: The Personal Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property Casualty Independent Agencies as reported in April. This list utilizes only the personal lines numbers of agencies that submitted …

S.C. Senate Follows House in Approving Coastal Insurance Bill

The South Carolina Senate has approved omnibus legislation that backers hope will ease the insurance cost and availability crunch facing coastal property owners in the state by providing discounts and tax breaks. The legislation is part of the state’s response …

Unitrin Direct Enters Kentucky Auto Market

Unitrin Direct has been approved to sell auto insurance in Kentucky, making it the 23rd state where it does business. Unitrin Direct said it is offering discounts for Kentucky residents, including up to a $75 break for buying their car …

S.C. Inspectors Scurry to Check Sun City Roofs Before Hurricanes Start

Home inspectors are rushing to check roofs in South Carolina’s Sun City Hilton Head development before the heart of hurricane season to see if trusses were properly built and can handle high winds. Beaufort County is trying to hire as …

BB&T Insurance Buying Georgia’s Reese Agency

BB&T Insurance Services said it plans to expand its metro Atlanta operation with the acquisition of Reese Insurance Associates Inc. of Riverdale, Ga. Reese provides both commercial and personal property and casualty coverage as well as group benefits insurance. “The …

S.C. Gov. Sanford: Locals, Not Feds, Must Control Hurricane Response

South Carolina Gov. Mark Sanford repeated calls last week for state and local officials, not the federal government, to retain control during hurricane response efforts. The Republican governor said the lack of preparation for Hurricane Katrina in New Orleans in …

No Damage or Injuries Reported from Mild S.C. Quake

A minor earthquake shook parts of South Carolina’s Richland Count on last Thursday, emergency management officials said. Earthquake sensors in South Carolina pegged the quake at a magnitude 2.4, according to the U.S. Geological Survey. “At that magnitude, it should …

S&P Rates Dubai’s Salama ‘BBB+’; Upgrades B.E.S.T. Re to ‘BBB+’

Standard & Poor’s Ratings Services has assigned its “BBB+” long-term counterparty credit and insurer financial strength ratings to Salama/Islamic Arab Insurance Co. (P.S.C.) (Salama/IAIC), located in Dubai, United Arab Emirates. S&P also raised the long-term counterparty credit and insurer financial …

S.C. Expands Reach of Wind Pool

South Carolina has again expanded the territory covered by the state’s wind pool to the intracoastal waterway and additonal areas within Charleston, Georgetown and Horry counties. “This expansion supplements the initial expansion and is limited. It is intended to help …

S.C. Bridge Damaged, Charges Filed

Two people on board a tug boat towing a barge that severely damaged a Beaufort County, S.C. bridge last month have been charged with misconduct and negligence, the Coast Guard said. State transportation officials have said they plan to file …