South Carolina News

Consumer Federation Says Prior Approval Works, Industry Says Not True

A nationwide consumer study of automobile insurance regulation says rates have risen more slowly in the 15 states that require insurers to receive advance approval of rate increases from the state in the past two decades. According to the Consumer …

Alfa Insurance Hires Senior Vice President of North Alabama Marketing

Alabama-based Alfa Insurance named Patrick A. Smith as senior vice president, North Alabama Marketing, effective May 5. He replaces J.C. Ralph, who is scheduled to retire June 30. Smith a former associate vice president with Nationwide Mutual Insurance Co., started …

South Carolina Teens Can Text and Talk while Driving

South Carolina lawmakers decided it’s OK for 15- and 16-year-olds to talk and text message on cell phones while driving. The House voted April 30 to send a measure blocking such activities back to a committee, ending its chances for …

Recycling Plant Fire in South Carolina Creates Environmental Hazard

State environmental officials say runoff from the thousands of gallons of water sprayed on a fire at a South Carolina recycling plant may have killed hundreds of fish. The facility where plastic bottles and cardboard are shredded and compressed burned …

South Carolina House Approves Bill Calling for Fire-Safe Cigarettes

Tobacco companies would have to ensure cigarettes meet fire safety standards under legislation that has won key approval in the South Carolina House. Such cigarettes use slow-burning paper and go out when they aren’t being puffed. South Carolina is one …

Progressive Begins Selling Mass. Auto Online; Casco Looks to Enter

Progressive Insurance begins selling personal auto insurance online in Massachusetts today. Meanwhile, Casco Indemnity, which writes auto insurance in the other New England states on behalf of several mutual fire insurers, is looking to re-enter the Bay State auto market …

Va. Tech Research: Inexpensive Roof Vent Could Prevent Wind Damage

Hurricanes often lift the roofs off buildings and expose them to havoc and damaging conditions, even after the worst of the wind has passed. A local roofer, Virginia Tech faculty members from architecture and engineering, and a graduate student have …

South Carolina Gov. Names Public Safety Director

South Carolina Gov. Mark Sanford nominated State Law Enforcement Division Chief of Staff Mark Keel to become the director of the state Department of Public Safety. Prior to becoming chief of staff, Keel, 50, was captain in charge of tactical …

Consumer Federation Says Prior Approval Works, Industry Says Not True

Liberty Mutual to Acquire Safeco Insurance in $6.2B Deal

Liberty Mutual Group has agreed to acquire all outstanding shares of common stock of Safeco Corp. for $68.25 per share in cash in a deal that will make Liberty Mutual the fifth largest U.S. property/casualty insurer and second largest surety …