Some North Carolina coastal residents could see a spike in their insurance rates because of a recent decision by the North Carolina Building Code Council. The council toughened the coastal housing code for wind-borne debris. The code now extends the …
Mississippi and South Carolina in particular grappled with coastal woes by working to make insurance from their state’s wind pools more accessible without having these insurers of last resort displace willing private insurers. South Carolina struck a balance by granting …
In 2006, South Carolina’s workers’ compensation premiums grew more than 18 percent and the state has ranked second in the nation in terms of how quickly rates have increased. So in 2007, South Carolina enacted workers’ compensation reforms. Legislation shuttered …
George Dale faltered in his bid for an eighth term as Mississippi insurance commissioner. Dale had run as a Democrat eight times in his political career. But this year to his frustration, he ran into resistance from Democrats who questioned …
In June, fire swept through a Sofa Super Store furniture warehouse in Charleston, S.C., collapsing the building’s roof and claiming the lives of nine firefighters in the nation’s single worst loss of firefighters since the 2001 terror attacks at the …
Members of the National Association of Insurance Commissioners (NAIC) elected 2008 officers during their meeting in Houston. The newly elected officers, who will assume their duties following the completion of the NAIC Winter National Meeting, include: president, Kansas Insurance Commissioner …
The North Carolina Building Code Council declined to consider a request that sprinkler systems be required in new large or multistory homes, a setback for firefighters who sought the change following an October beach house fire that killed seven college …
Throughout the year, states from North Carolina to Florida faced drought conditions that mostly affected farmers and firefighters, not insurers. But the insurance industry watched closely as the fire danger was raised in the Southeast by the drought. The exceptionally …
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The Worst Storm “This is without question the worst ice storm in state history, and it will require a historic response from all levels of government.” —Oklahoma Gov. Brad Henry, following severe ice storms that hit his state in December …
