South Carolina News

Ratings Roundup: Motor Club, CIFG, Nationwide, Medical Savings

A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” and assigned a category NR-5 (Not Formally Followed) to Motor Club Insurance Association of Omaha, Nebr. “These rating actions follow …

South Carolina Company Closed by Train Wreck Wants $420M

A South Carolina textile company that closed after a train wreck and toxic chemical spill in 2005 wants the railroad to pay $420 million in damages, an attorney said Monday in opening arguments. The Norfolk Southern wreck ruptured a car …

Gorton’s Says Pills Found in Pennsylvania Fish Fillets Harmless

Gorton’s Inc. said Monday that the pills a Pennsylvania family reported finding in their fish fillets were harmless over-the-counter herbal supplements. The incident remains an isolated case and the U.S. Food and Drug Administration is leading the investigation, Gorton’s spokesman …

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. Blanket Accident Insurance Nuts & Bolts: Francis L. Dean & Associates of Illinois is a …

States Urged to Lower Drinking Age to Reduce ‘Underground’ Drinking

More than two decades after the country established a uniform drinking age of 21, a nascent movement is afoot to allow 18- to 20-year-olds to legally buy alcohol under some circumstances. Proponents say the higher age hasn’t kept young people …

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. Blanket Accident Insurance Nuts & Bolts: Francis L. Dean & Associates of Illinois is a …

Alabama Moves Closer to Hiking Auto Insurance Requirements

The Alabama House has approved legislation that would bring Alabama in line with about half the South by raising the minimum amount of auto liability insurance that motorists must buy. The House voted 82-0 for legislation by Rep. Marc Keahey, …

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. Blanket Accident Insurance Nuts & Bolts: Francis L. Dean & Associates of Illinois is a …

It Figures

$41 Million A $41 million settlement has been reached between pharmacy benefits management firm Caremark Rx LLC and 29 states over charges that the company and two of its subsidiaries, Caremark LLC and CaremarkPCS LLC (formerly AdvancePCS), engaged in deceptive …

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. Corporate Directors and Officers Nuts & Bolts: Travis-Pedersen and Associates of Arizona LLC offers a …