Insurers have come out against a move by South Carolina lawmakers to extend general liability policies to include construction defects. The Property Casualty Insurers Association of America (PCI) says such a move would add to loss costs and potentially lead …
The South Carolina Supreme Court has ruled that insurers are not liable for damages caused by faulty workmanship under a contractor’s commercial general liability policy. In a recent ruling, the high court found that a builder’s insurance company, the Pennsylvania-based …
South Carolina Gov. Nikki Haley wants David Black, a former executive with Liberty Life Insurance Co., to be the state’s next insurance commissioner. Black served as president and CEO of Liberty Life Insurance Co. from 2004 to 2010. He served …
Brown & Brown Inc. reports that Charles H. Charlie Lydecker has been elected regional president responsible for a number of the company’s retail operations in the state of Florida and for certain of its retail operations in Arizona, New Jersey, …
Indianapolis, Ind.-based property loss adjusting and claims management services provider National Catastrophe Adjusters Inc. announced that it has acquired T.M. Mayfield & Co. of North Carolina. The addition of T.M. Mayfield significantly expands NCA Group’s commercial loss adjusting capabilities and …
Soft market conditions with unabated price competition and a slow economy with reduced payrolls continued to affect commercial liens including the the workers’ compensation industry in 2010, as they did in 2009. Robert Hartwig, president of the Insurance Information Institute, …
Eighty-five South Carolina homeowners who live on the coast are the latest recipients of grants to help them strengthen their homes against storms. Scott H. Richardson, state insurance commissioner, said the SC Safe Home awards went to homeowners living in …
South Carolina authorities say winter weather contributed to twice as many deaths on the state’s roadways over Christmas weekend this year. Multiple media outlets report that 13 people were killed on state roads and highways during the 78-hour Christmas weekend …
Thomas Layden and Abigail Engles have joined Triest Insurance Agency in Charleston. Layden has 10 years of experience having most recently worked for another large insurance agency near Charleston. He will be responsible for developing new auto insurance, homeowners insurance …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa” of Allianz Global Corporate & Specialty North America (AGCS NA), which includes Allianz Global Risk US Insurance Company, Allianz Underwriters Insurance Company, …
