South Carolina News

Southwest Risk Expands into Florida and Carolinas

Dallas,Texas-based Southwest Risk LP, a privately held wholesale broker, is expanding its CORE facilities to Florida, South Carolina and North Carolina. These facilities provide property, general liability and umbrella liability coverages for habitational real estate exposures including apartments, condominiums, townhomes, …

Grange Insurance Adds Ohio State University President Gee to Board

Columbus, Ohio-based Grange Insurance recently named Ohio State President E. Gordon Gee to its board of directors effective Oct. 1, 2008. Gee replaces James L. Setterlin who recently announced his retirement from the Board after 21 years of service. Before …

Build Smart With Passive Protection Systems, Safety Institute CEO Says

To hear Julie Rochman tell it, she’d like every community in the United States to be resilient in the face of natural disasters. Rochman, president and CEO of the Institute for Business & Home Safety (IBHS) and former head of …

Southeast Coastal Storm to Bring Brisk Winds, Waves

Powerful winds promised to scour the Southeast coast with strong winds and heavy seas, though residents were taking the promise of 50-mile-an-hour gusts in stride. The National Weather Service issued high wind warnings for the coasts of North Carolina, Virginia …

Federal Investigators Check Highway Under South Carolina Jet Crash

Federal investigators are examining the South Carolina road a Lear jet crossed before crashing shortly after takeoff at Columbia Metropolitan Airport, killing four people and injuring two popular musicians. On Sept. 23 National Transportation Safety Board spokesman Peter Knudson said …

PCI Tells U.S. Trade Commission China Insurance Link Important

In testimony before the U.S. International Trade Commission, the Property Casualty Insurers Association of America (PCI) stressed the “importance of the U.S.-China insurance trade relationship.” The PCI also told the Commissioners of the “need to allow foreign insurers access to …

South Carolina Unemployment Insurance Trust Fund Running Low

The head of the South Carolina employment office says the trust fund that pays benefits to out-of-work residents is projected to run out of money in January. Employment Security Commission chief Ted Halley said Sept. 19 the increasing number of …

North Carolina Insurance Investigator’s Autopsy Inconclusive

An autopsy says the body of a North Carolina insurance investigator that was found in South Carolina in May was so badly decomposed that medical examiners can’t determine how she died. The autopsy report released Sept. 19 said the body …

Organizations Opposed to U.S. Insurance Tax Bill Issue Statement

The Coalition for Competitive Insurance Rates, which groups a number of organizations that oppose to the latest attempt to amend U.S. tax laws on foreign insurers, has issued a bulletin outlining the reasons why they oppose recently introduced legislation. They …

Business Moves

CRC Insurance, Southern Risk CRC Insurance Services Inc., the wholesale insurance unit of BB&T Corp., completed its purchase of Southern Risk Operations LLC. Sumter, S.C.-based Southern Risk is an excess and surplus insurance broker for personal and commercial properties along …