South Carolina News

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. Speaker and Entertainer No-Show, Cancellation Coverage Market Detail: HCC Specialty Underwriters can provide coverage for …

Smart Choice Agency Market Program Expands to 6 More States

The North Carolina-based Smart Choice Agents Program, which says it currently provides personal and commercial lines markets for some 3,000 independent agencies in 32 states, is expanding into six additional states. The program is moving into Arizona, Colorado, Nevada, New …

Road Hazard: 20% of U.S. Drivers Would Flunk If Given Driving Test

The nation’s most knowledgeable drivers are in Idaho, Wisconsin, Montana and Kansas, while the least knowledgeable are in New York, New Jersey, Hawaii and California. That’s according to results from the 2009 GMAC Insurance National Drivers Test, which found that …

South Carolina Boating Deaths On Rise

Boating deaths in South Carolina this year have already surpassed the total in 2009, and safety officials are worried with the Memorial Day weekend approaching. The Sun News of Myrtle Beach reported that, as of last Friday, 15 people had …

The Hartford Hit With $14.5 Million Over South Carolina Printer’s Claim

A federal jury in South Carolina has awarded $14.5 million in damages to a South Carolina printing company against The Hartford insurance company in a case where the insurer believed a claim for a major fire loss in 2008 was …

Best Affirms Selective Group’s ‘A+’ Ratings; Outlook Negative

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Selective Insurance Group and its seven P/C pooling members. Best also affirmed the ICR of “a-” and debt ratings …

Chartis Expands Hurricane Services to Cape Cod

Chartis has expanded access of the advanced disaster preparedness and post-hurricane resources of its Private Client Group’s Hurricane Protection Unit to homeowners in the Massachusetts counties of Barnstable, Dukes and Nantucket. Private Client Group’s Hurricane Protection Unit assists policyholders with …

South Carolina Had Small Earthquake

Federal experts say a small earthquake struck near the South Carolina coast last week. The U.S. Geological Survey reported the quake occurred about 6 miles south southeast of Summerville shortly after 5 a.m. Wednesday. It had a magnitude of 2.8 …

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. Allied Health and Medical Pros Market Detail: CRES Insurance Services MedSurance A&M is an insurance …

North Carolina Insurers Running Ads Opposing Change to Negligence Standard

North Carolina property and liability insurers are taking their case to the public to impede an effort in the Legislature to change how monetary awards are determined when somebody gets hit by a car while crossing the street or slips …