South Carolina News

People

Richard E. Meuret has been appointed vice president and manager, Field Operations Analysis, for Liberty Mutual Agency Markets regional company operations. Meuret will be based in the insurer’s Boston home office and will work with the eight regional agency companies …

Southern discomfort

A leading national independent agency leader urged Southern governors to use their “bully pulpits” to bring together the leaders in the insurance industry to ease the region’s coastal insurance crisis. “Right now, the prospects for broad legislation in Washington are …

Business Moves

Citi, BISYS Citi completed its previously announced acquisition of The BISYS Group Inc. for approximately $1.44 billion in an all-cash transaction. In the transaction BISYS shareholders will receive merger consideration of $11.85 per share, and a special dividend of $0.15 …

Ohio Casualty officially joins the Liberty Mutual agency family

With $7.3 billion in premium, Liberty Mutual Agency Markets becomes the largest regional independent agency force Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and casualty insurance distributed through independent agents in the country. …

8 Florida insurers, politicians at

odds over rate filings Insurers not delivering rate cuts that politicians promised 8 Southern governors battered by coastal insurance issues Frustrated with lack of private market 10 Liberty Mutual and Ohio Casualty officially tie the knot Now Liberty Mutual has …

S.C. Senate leader seeks insurance department audit

A South Carolina Senate leader has asked the Legislative Audit Council to review practices at the state insurance department that may have let insurance companies raise rates without adequate oversight. Senate President Pro Tem Glenn McConnell, R-Charleston, asked the state …

My New Markets

Nurseries and Tree Farms Nuts & Bolts: Advanced AFT insures trees, plants and shrubs both in the ground and in containers for property insurance excluding crops (wheat, corn etc.). Dollars: $250,000 to $10 million. Carrier: Rated “A” by A.M. Best. …

People and Places

Richard E. Meuret has been appointed vice president and manager, Field Operations Analysis, for Liberty Mutual Agency Markets regional company operations. Meuret will be based in the insurer’s Boston home office and will work with the eight regional agency companies …

Editor’s Note: Southern discomfort

Southern governors, hardly a group to create government programs where they aren’t needed, are frustrated over what to do. A leading national independent agency leader urged Southern governors to use their “bully pulpits” to bring together the leaders in the …

My New Markets

Nurseries and Tree Farms Nuts & Bolts: Advanced AFT insures trees, plants and shrubs both in the ground and in containers for property insurance excluding crops (wheat, corn etc.). Dollars: $250,000 to $10 million. Carrier: Rated “A” by A.M. Best. …