May 13, 2010
South Carolina firefighters urged legislators this week to uphold a construction code requiring that new homes be equipped with fire sprinklers in a debate that pits safety against cost. They urged senators to defeat a bill, pushed by the Home …
May 11, 2010
PURE Risk Management LLC, based in White Plains, N.Y., is expanding its Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, to offer comprehensive, customized property and casualty insurance coverage to responsible owners of well-built, high-value homes in Texas. The …
May 7, 2010
A man suspected of burning down a Maine coffee shop that featured topless waitresses has been arrested in South Carolina. Prosecutors say Raymond Bellavance Jr. was arrested Wednesday in a rural part of Spartanburg County. Bellavance is from Augusta, Maine, …
May 5, 2010
Motorists zipping along a stretch of Interstate 95 South Carolina may soon find themselves on camera. The Beaufort Gazette reported Sunday that officials in Ridgeland have inked a five-year deal to set up automated speed cameras in the town. The …
May 3, 2010
Foremost Foremost Insurance Group has launched its DistinctChoice Auto program in Connecticut. The auto program features increased limits, deductible options and coverages. The program also offers broad eligibility and discounts, including multi-policy discount and a five-year accident/violation free discount. PURE …
May 3, 2010
40% The percentage of producers licensed in South Carolina who could lose their licenses if they missed the May 1 deadline for license renewal and completion of continuing education requirements. 38% How much higher the payment per claim for prescription …
May 3, 2010
St. James St. James Insurance Group, based in Orlando, Fla., has re-entered the commercial lines business after a five year absence. The program manager has appointed Dave Stricker, former senior vice president of All Risks Ltd., to lead the new …
April 29, 2010
A.M. Best Co. has affirmed the financial strength ratings of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of London General Insurance Company Limited (LGI) and London General Life Company Limited (LGL), both with stable outlooks. LGI and LGL are …
April 28, 2010
Florida’s 21st Century Holding Co. has dropped its bid to acquire domestic property insurer HomeWise Holdings at the same time it reported that its own Florida property insurance unit it has received approval to raise rates 14.9 percent on some …
April 26, 2010
Hiscox USA has opened a Southeast regional office in Atlanta, Georgia. The office, which is led by Robert Gadaleta will serve as a regional hub for brokers in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas. …