South Carolina News

State-Federal Showdown over Real ID National License Averted

The clash between the states and the federal government over nationwide rules to make driver’s licenses more secure has ended — for now. A truce, of sorts, between the 50 states and the U.S. Department of Homeland Security, has kicked …

Marsh Survey Finds Corporate Captive Growth Despite Soft Market

Marsh’s London office has issued a new “global benchmarking report,” which examines the use of captive insurance companies by today’s global firms. The report -“Next Generation Captives – Optimising Opportunities” – found that although annual captive premium income is estimated …

South Carolina-based First Financial Unit Buys Somers-Pardue

Banker and insurance broker First Financial Holdings Inc. of Charleston, S.C., said Thursday its subsidiary First Southeast Insurance Services Inc. bought The Somers-Pardue Agency Inc. for $18.8 million Under the deal’s terms, the total price will also include some possible …

Attorney: South Carolina Textile Firm, Railroad Settle in Train Wreck Lawsuit

A South Carolina textile company that closed after a train wreck and toxic chemical spill in 2005 settled a lawsuit with a railroad company, ending a trial that began a month ago, an attorney for the firm said Monday. Avondale …

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. Liquor Liability with Assault and Battery Nuts & Bolts: United States Liability Insurance is writing …

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. Child Welfare Insurance Services Nuts & Bolts: Child Welfare Insurance Services is offering programs designed …

Main Street America Adds States to Personal Auto Program

The Main Street America Group introduced its new Personal Auto MVP (multivariate rating program) product to its independent insurance agents in Maryland and Tennessee, bringing the total now to nine states. Personal Auto MVP features “predictive modeling” or “multivariate” rating. …

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. Sports & Recreation Nuts & Bolts: Sadler Sports and Recreation is offering sports and recreation …

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. Sports and Recreation Nuts & Bolts: Sadler Sports and Recreation is offering sports and recreation …

S.C. Workers’ Comp Nominees Put Law Before Governor’s Orders

South Carolina Gov. Mark Sanford’s nominees to the Workers’ Compensation Commission say they would follow what the law requires and not bow to executive orders issued by a governor. The Senate Judiciary Committee recently approved Avery Wilkerson for a six …