South Carolina News

Richardson named S.C. commissioner, replacing Kitzman

South Carolina Gov. Mark Sanford named and the Senate confirmed Sen. Scott Richardson of Hilton Head as the director of the Department of Insurance. Richardson, 55, was elected to the South Carolina Senate in 2000, and previously served in the …

George Dale, Mississippi, Commissioner of Insurance

A former high school principal, George Dale is now the longest serving state insurance commissioner in the nation. He has been elected by the people of Mississippi since 1975 and recently announced he would run for re-election to a ninth …

New Markets

Trucking Auto Physical Damage Nuts & Bolts: AIX Group Inc., a specialty insurance holding company, has formed a new program to provide automobile physical damage coverage to commercial trucking operations. This program will be targeting operations with above average loss …

News Currents

Richardson named S.C. commissioner, replacing Kitzman South Carolina Gov. Mark Sanford named and the Senate confirmed Sen. Scott Richardson of Hilton Head as the director of the Department of Insurance. Richardson, 55, was elected to the South Carolina Senate in …

New Markets

Monoline Energy Accounts Nuts & Bolts: MarketScout launched a new exclusive monoline energy workers’ compensation program that accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory and $1 million employers’ …

Business Moves

EIG Mutual Holding Co. Nevada Insurance Commissioner of Insurance Alice A. Molasky-Arman announced that EIG Mutual Holding Co., a Nevada domestic insurer specializing in workers’ compensation, has completed its demutualization. The demutualization culminated on Jan. 31, 2007, with the initial …

New Markets

Hospitality Program Nuts & Bolts: Underwriters at PLIS are offering The Hospitality program, written on Lloyd’s paper covering named perils ranging from Aeromonas hydrophila to Yersinia enterocolotica. The policy has the benefit of: a “trade name trigger;” up to 25 …

My New Markets

Trucking Auto Physical Damage Nuts & Bolts: AIX Group Inc., a specialty insurance holding company, has formed a new program to provide automobile physical damage coverage to commercial trucking operations. This program will be targeting operations with above average loss …

Declarations

Robber baron “We’re looking a robber baron in the face. State Farm is not a responsible corporate citizen.” Mississippi Attorney General Jim Hood fighting a recent decision by State Farm Insurance Co. to stop writing new home and commercial property …

S.C. Gov. Sanford’s Business Reforms Include Workers’ Comp

Reforms aimed at improving South Carolina’s climate for small businesses are high on Gov. Mark Sanford’s list of things to do. The governor’s three-point plan – outlined in his State of the State last month – would lower income taxes, …