South Carolina News

Business Moves

Commerce Group, SWICO Enterprises, State-Wide Insurance The Commerce Group Inc., the largest auto insurer in Massachusetts, expects to enter the New York personal lines insurance market in 2007 as part of its plan to expand geographically. Under the terms of …

New Markets

Commercial Property Managers Nuts & Bolts: The Hartford Financial Services Group, Inc. has expanded its real estate insurance program to offer property and liability coverage to commercial property owners and managers. The Hartford’s target market encompasses owners and managers of …

New Markets

Professional Liability Beauticians Nuts & Bolts: All policies are packaged premises and professional. $3million aggregate is available. Program is self-rating. Dollars: $100,000 to $3 million. Carrier: Lloyds of London, rated “A” XV by A. M. Best. Non-admitted. States: All. Contact: …

People

Zurich Financial Services Group has appointed Maine Insurance Superintendent Alessandro A. Iuppa as head of Government and Industry Affairs for General Insurance, and as chief government affairs officer, North America. Both appointments are effective Jan. 15, 2007. Based in Washington, …

Business Moves

AssuranceAmerica Corp. AssuranceAmerica Corp., an Atlanta-based insurance holding company, has written its first auto insurance policy in Louisiana. The company now writes in six states including Georgia, Florida, South Carolina, Alabama and Texas and has plans to expand to additional …

S.C. DRIVES HIGHER LIMITS

2007 MEETINGS DIRECTORY From South to North and beyond FLA. COMP MARKET GAPS Small firms, contractors left out

S.C. drivers face higher limits in new year

The new year will force about a third of South Carolina’s drivers to dig deeper into their wallets to pay for auto insurance. A little-debated change in state law requires drivers to buy minimum liability coverage of $25,000 for a …

It Figures

$20 billion The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized coverage for some of the riskiest …

New Year Brings Higher Insurance Rates, Minimums for S.C. Drivers

The new year will force about a third of South Carolina’s drivers to dig deeper into their wallets to pay for auto insurance. A little-debated change in state law requires drivers to buy minimum liability coverage of $25,000 for a …

Ga.-Based Auto Writer AssuranceAmerica Expands to Louisiana

AssuranceAmerica Corp., an Atlanta based insurance holding company, has written its first auto insurance policy in Louisiana. The company now writes in six states including Georgia, Florida, South Carolina, Alabama and Texas and has plans to expand to additional states. …