South Carolina News

Georgia-Based AssuranceAmerica Names New CFO

AssuranceAmerica Corporation announced today that Sheree Williams has joined AssuranceAmerica Corporation as its Senior Vice President and Chief Financial Officer effective September 13, 2010. Ms. Williams was most recently VP of Finance at 21st Century Insurance and Financial Services (previously …

It Figures

Gulf Oil Spill Claims BP, which transitioned its individual and business claims program to the Gulf Coast Claims Facility (GCCF) and Kenneth Feinberg on Aug. 23, reported that it has made claim payments of nearly $400 million during the 16 …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Contractors Preferred Program Market Detail: Tangram Consulting and Underwriting Services Contractors Preferred Program is a …

Gulf States’ Post-Katrina Building Codes Get Low Marks

Louisiana has done a good job upgrading its building codes in the five years since Hurricane Katrina, but Alabama and Mississippi have not, according to the Institute for Business and Home Safety. “While there have been positive steps taken in …

South Carolina Forms Insurance Funding Program

South Carolina Insurance Director Scott Richardson, will introduce the new South Carolina Insurance Funding Program (SCIF) during the annual South Carolina Captive Insurance Association Conference, Sept. 13-15 in Charleston, SC. The SC Insurance Funding Program is being developed jointly with …

New VP of Business Development to CNA Atlanta Office

Jerry Williams has been appointed assistant vice president of Business Development for CNA. In this role, Williams will help support CNA’s goals to build a more effective organizational sales discipline and competency, and stronger engagement with its producers. He will …

5 Years After Katrina Gulf Coast Building Codes Still Inadequate

Five years ago, Hurricane Katrina caused an estimated 1,300 tragic deaths as well as $41.1 billion in insured losses across six states. Louisiana and Mississippi suffered the brunt of Katrina’s wrath followed by Alabama. As we commemorate this terrible event …

S.C. Firefighter Sentenced for Five Arsons

A former South Carolina firefighter has been sentenced to five years in prison for setting a series of fires that caused about $1.5 million in damage. The Island Packet of Hilton Head reported that 24-year-old Bryan Yeager of Beaufort pleaded …

Church Fraud Hurts Both Congregation and Insurers

Church music director Carva White faced the music after launching an unholy plan to burn down his house of worship for an insurance payout. White played hymns for the Sunflower Missionary Baptist Church in Leavenworth, Kan. He recruited the head …

Twenty-Two Escape Fire in N.C.

Authorities say 22 people living in a house for migrant workers in western North Carolina escaped a fire that appears to have started on a back porch. The Asheville Citizen-Times reported the fire began early Tuesday in the split-level home …