State insurance regulators have elected new officers of the National Association of Insurance Commissioners (NAIC). The following officers will assume their duties on Jan. 1, 2019: President: Maine Insurance Superintendent Eric A. Cioppa. Cioppa joined the Maine regulatory bureau in …
The South Carolina workers’ compensation market is strong, according to the state department of insurance’s most recent report, as the first reform to the state’s workers’ comp system in almost a decade readies to complete a full year of enactment …
South Carolina Director of Insurance Ray Farmer has extended consumer protections provided under an emergency regulation order to 15 additional South Carolina counties with damage resulting from Hurricane Matthew. Farmer issued Emergency Regulation 69-78 to provide protections to insurance consumers …
New requirements regarding the implementation of changes in workers’ compensation loss costs have been passed by the South Carolina Legislature, and the insurance department is reminding insurers to ensure they follow the new filing rules as loss cost increases will …
South Carolina’s coastal property insurance market is strong, but the state’s significant catastrophe risk remains an ongoing threat and not one that should be taken lightly. That is the message South Carolina Insurance Director Raymond Farmer hopes to get across …
The South Carolina Department of Insurance (SCDOI) has issued a data call for property and casualty insurers writing residential property in the state in an effort to inform South Carolina’s coastal homeowners of the discounts available for performing risk mitigation …
The South Carolina Department of Insurance (SCDOI) has advised insurers to continue to report P&C claims as per the data call issued for the October 2015 flood event and its aftermath. The data call was originally issued Oct. 13, 2015 …
The South Carolina Department of Insurance (SCDOI) has issued a catastrophe claims data call relating to the flood event that hit the state beginning Oct. 1 and its aftermath. In accordance with South Carolina Code of Laws Section 38-13-160, all …
The South Carolina Department of Insurance (SCDOI) has issued two bulletins to insurers in an effort to aid with storm recovery efforts in the state. South Carolina Insurance Director Raymond Farmer issued an emergency regulation on Oct. 9 in response …
The rain has stopped in South Carolina and claims filing and damage recovery are underway even as residents are being told to expect more flooding through the weekend. The mega storm that hit South Carolina starting Oct. 1 through Tuesday …
