South Carolina News

Business Moves

Progressive Progressive said it will begin offering motorcycle and RV insurance in Massachusetts. The Mayfield Village, Ohio-based insurer said it will offer the coverage through its Web site as well as through independent insurance agents. The addition of these coverage …

Timing Earthquake Coverage

Why Trying to Time Earthquake Coverage Purchase Is Like Trying to Time the Stock Market Ask anyone who has been impacted by the recent volatility of the stock market, and they will tell you that it’s almost impossible to time …

It Figures

27 The number of fires within a mile of each other in an Orangeburg County, South Carolina neighborhood that firefighters have battled in the past six months. All of the fires have been in vacant homes without power and almost …

Market Timing: A Faulty Strategy on Earthquake Coverage

Many Clients Buy Coverage When Earthquake Activity Arises, Then Cancel When It Subsides Ask anyone who has been affected by the recent volatility of the stock market, and they will tell you that it’s almost impossible to time the stock …

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. Technology Errors & Omissions Market Detail: Chamber Insurance Agency Services gives agents access to an …

Universal North America’s Financial Rating Upgraded by Demotech

Universal Insurance Co. of North America has received an upgraded Financial Stability Rating of A’ (A Prime) Unsurpassed for its Florida operations from the rating organization Demotech. Demotech said it upgraded the rating after an evaluation of the company’s financial …

Martinez Joins General Insurance Agent J.M. Wilson in Southern Region

Michigan-based managing general agency J.M. Wilson has added Debbie Martinez as Sales and Underwriting manager for its southern regional office in Charleston, South Carolina. Martinez will be responsible for developing relationships and growing J.M. Wilson’s presence in the South. With …

Storms Blamed for 1 Death, $6 Million Damages in South Carolina

The band of weekend storms blamed for one man’s death in South Carolina also caused at least $6 million in damages, officials said. Nearly 2,000 insurance claims had been filed by Monday afternoon and preliminary damage estimates were expected to …

South Carolina’s Myrtle Beach Area Still Popular with Car Thieves

The Grand Strand again ranks first in the Southeast in vehicles stolen per capita, with the Myrtle Beach area among seven of South Carolina’s metro areas posting higher rankings, according to a report. The Myrtle Beach area ranked 15th nationally …

Settlement Reached over South Carolina Homes on Bombing Range

About 330 homeowners in a suburban Columbia, South Carolina neighborhood used as a practice bombing range in World War II are eligible for a $1,000 settlement in a lawsuit against developers. Nearly three dozen homeowners in The Summit sued in …