South Carolina News

States Made History in November Election, Too

Barack Obama wasn’t the only one to make history Nov. 4 when he was elected the first black U.S. president. Statehouses also broke ground on several fronts. New Hampshire became the first state in U.S. history to give women the …

Mississippi Rebuilds Its Insurance Markets

Wind Pool Modernization, Better Building Code Enforcement and Carrier Recruitment Efforts Begin to Pay Off Back in January, when Mike Chaney was getting ready to be sworn in as Mississippi insurance commissioner after his November victory at the polls, he …

It Figures

$11.5 Billion The amount U.S. property/casualty insurers are expected to pay homeowners and businesses for third-quarter property losses resulting from a total of 11 catastrophes in 22 states, according to preliminary analysis by ISO’s Property Claim Services (PCS) unit. PCS …

People

The Independent Insurance Agents of North Carolina elected Neil T. Annas as the association’s new president for the 2008 to 2009 term. Annas, president of Granite Insurance Agency Inc. in Granite Falls, N.C., was elected during the 111th IIANC Annual …

Geovera Insurance Names Rowe as Texas State Executive

GeoVera Insurance announced that David P. Rowe has joined the company as Texas state executive for its homeowners business. GeoVera introduced its homeowners HO-B product in Texas in 2006. Rowe will be responsible for managing the marketing of the product …

South Carolina Holds Earthquake Drill

The ground may not be shaking, but emergency officials want South Carolina residents to be ready if and when it does. An earthquake drill was held Wednesday as part of South Carolina Earthquake Awareness Week. Emergency Management Division officials say …

Group Rates States on Consumer Insurance Information on Web

A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in 6 states were found to be “excellent” in …

Kingsway to Consolidate Alabama, Florida Insurance Operations

Toronto-based Kingsway Financial Services Inc. said it will consolidate the operations of Southern United Fire Insurance Co., based in Mobile, Alabama, with Hamilton Risk Management, its subsidiary based in Miami, Florida. The move comes after Kingsway reported a $17.4 million …

South Carolina Auto Insurance Rates up Slightly in 2006

South Carolina auto insurance rates increased slightly in 2006, but remained on average lower than most national rates. A study by the National Association of Insurance Commissioners showed that South Carolina drivers paid an average of $756 on auto insurance …

Brooke Corp. Troubles Continue as Stock is Sold

Kansas Franchise Group Faces Lawsuits in Multiple States Amid the flurry of lawsuits leveled by franchisees, now an Illinois company connected to a bank involved in the lawsuit of the parent company of Brooke Corp. has taken control of 44.3 …