South Carolina News

10 S.C. setback on workers’ comp

Commission rejects Gov. Sanford’s order on standards 10 Private market in Fla. takes on Citizens’ policies Insurers pick up 173,000 policies from the state-backed insurer 10 Workers comp rate decisions News from Fla. and N.C. regulators 12 In the hot …

Figures

14 The number of South Carolina homeowners receiving grants of up to $5,000 each to help strengthen their homes against the high winds associated with hurricanes and other natural disasters. The S.C. Safe Home Grant Program was established in June …

People

Valiant Insurance Group Inc. announced that John N. DiBlanda has joined its U.S. property and casualty insurance operations as chief financial officer and chief operating officer. Prior to joining Valiant, DiBlanda served as CFO of Delos Insurance, where he was …

My New Markets

Agents E&O Nuts & Bolts: Market Scout is offering a broad coverage form from three different “A” rated carriers. Each insurer has agreed to provide up to 25 percent discounts for agencies that have 40 percent of their professional staff …

Insurance Adjusters Working at Site of N.C. Beach House Fire

The mayor of Ocean Isle Beach says insurance adjusters are on site at the scene of a burned-out North Carolina beach house where seven college students died. Mayor Debbie Smith says the town will keep a police officer posted at …

S.C. Workers’ Comp Commission Won’t Follow Sanford Order’s Standard

The South Carolina Workers’ Compensation Commission unanimously rejected Gov. Mark Sanford’s order to begin using uniform medical standards in deciding how much should be paid to injured workers with long-term disabilities, according to an order released last week. The Republican …

S.C. Insurance Deptartment Announces Home Mitigation Program Grants

Fourteen South Carolina homeowners received grants of up to $5,000 each to help strengthen their homes against the high winds associated with hurricanes and other natural disasters. The S.C. Safe Home Grant Program was established in June as a part …

Editor’s Note: No coasting

While Congress continues to debate whether to launch any sort of national disaster backup plan or add wind coverage to the federal flood program, states are coming up with some of their own ideas — big and small — to …

Figures

$1.4 billion The amount sought in a suit accusing Allstate Insurance Co. of using delay tactics and schemes to prod soft-tissue injury victims into accepting lower offers for pain and suffering. A jury in Lexington, Ky., rejected the claim of …

It’s wait ’til next year for Alabama beach pool bill

Alabama legislators unveiled a law designed to help the Gulf Coast real estate industry and coastal homeowners hit by high insurance rates but Gov. Bob Riley said there is no current consensus to address it in a special session. The …