South Carolina News

Report on Fatal South Carolina Sofa Store Fire Due in Fall

A federal study of a blaze that killed nine firefighters in a South Carolina city two years ago is expected to released by early fall. The National Institute of Standards and Technology is studying the June 2007 blaze which gutted …

Missouri Joins Interstate Insurance Product Regulation Compact

Missouri Governor Jay Nixon has signed HB 577 to have Missouri become the 36th member of the Interstate Insurance Product Regulation Compact (IIPRC). With the addition of Missouri, the current compacting states in the Commission represent close to 60 percent …

Liberty Mutual, CAMICO Insurance Program Targets Larger CPA Firms

CAMICO Mutual Insurance Co.y, a CPA-owned professional liability insurer, and Liberty International Underwriters (LIU), a division of Liberty Mutual Group, have forged a new program for CPA firms nationally. The new program is designed to expand CAMICO’s capacity for coverage …

South Carolina Fireworks Firm Involved in 4 Deaths Was Fined Previously

The South Carolina company that employed four workers who died following an explosion as they unloaded fireworks over the weekend on North Carolina’s Outer Banks has had previous problems with worker safety. The single blast at Ocracoke, N.C., came as …

Fireworks Explosions Kill 5 Across U.S.

Five people working on Independence Day fireworks shows were killed by explosions, four of them by a single blast that rocked Ocracoke, a remote village on North Carolina’s Outer Banks. The fifth died after an explosion at a fireworks show …

2009 Outstanding CSR State Award Winners Named

The National Alliance for Insurance Education & Research has named the state award winners who will compete for the national Outstanding Customer Service Representative of the Year for 2009. Each year, a group of exceptional insurance professionals are chosen by …

People

Jeffrey A. Vanderpool has been promoted to senior vice president and chief claims officer at Sunshine State Insurance Co. in St. Augustine, Fla. Vanderpool has served as vice president of caims since he joined the insurer in 2003. Prior to …

Business Moves

Wells Fargo Insurance Services, Grady & Associates Wells Fargo Insurance Services Inc. signed a definitive agreement to acquire Grady & Associates, a retail broker in Las Vegas. The acquisition closed June 1, 2009, and terms of the transaction were not …

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. Fire & Water Restoration Contractors Market Detail: USAssure Insurance Services Inc. offers a fire and …

South Carolina Insurance Chief Faults Legislative Audit of Department

A report by the auditing arm of the South Carolina Legislature has concluded that the state insurance department overall does a good job regulating insurance companies and their rates but it could do a better job of documenting its decisions …