Latest South Carolina Headlines
All the headlines from our South Carolina Topic Page, ordered by recency.
News Briefs
Dec 18 2005 // FLORIDA State Farm of Florida 8.6 Percent Rate Request Approved The Florida Department of Insurance approved an average statewide premium rate hike of 8.6 percent for State Farm of Florida, the largest insurer of homes in...
Sheppard Named S.C. Big ‘I’ President; Ruef Retiring Dec. 31
Dec 15 2005 // G. Frank Sheppard has been named president of the Independent Insurance Agents and Brokers of South Carolina, assuming the leadership role from Leland C. Ruef, president, who retires Dec. 31. As chief staff member,...
NCCI Report Criticizes S.C. Workers’ Compensation Plan
Dec 14 2005 // The National Council on Compensation Insurance has issued an independent evaluation of South Carolina Gov. Mark Sanford’s workers’ compensation overhaul proposal and says the governor’s top...
S.C. Panel Proposes Workers’ Compensation Changes
Dec 13 2005 // A South Carolina workers’ compensation panel has reported to Gov. Mark Sanford that changing the workers’ compensation system is the key to making the state a better place to grow business and create jobs. In...
S.C. Motorists Receive a 1.4 Percent Break From State Farm Mutual
Dec 6 2005 // State Farm Mutual Automobile Insurance Co. has lowered its overall car insurance rate in South Carolina by 1.4 percent. State Farm, the insurer of one out of four insured cars in South Carolina, said this reduction...
SCID RISKS, RATES, EXPERT RESIGNS
Dec 5 2005 // Dean Kruger, the South Carolina Insurance Department’s chief expert on risks and rates, was asked to resign after he criticized the National Council on Compensation Insurance. Kruger criticized the way NCCI made...
News Briefs
Dec 4 2005 // ALABAMA Alabama Expects 50,000 Claims More than 50,000 claims are expected in Alabama from hurricane damage, however, complete cost estimates won’t be available until this month. Ragan Ingram, Department of Insurance...
South Financial Group Acquires Lossing Insurance Agency of Ocala, Fla.
Dec 2 2005 // The Lossing Insurance Agency, an independent agency based in Ocala, Fla. has been acquired by the South Financial Group Inc. of Greenville, S.C. Terms of the transaction were not disclosed. The acquisition gives The South...
S.C. Insurance Department’s Chief Expert on Risks, Rates, Resigns
Nov 11 2005 // Dean Kruger, the South Carolina Insurance Department’s chief expert on risks and rates was asked to resign this week after he criticized the National Council on Compensation Insurance. Kruger, who worked at the...
ATTORNEY GENERAL TARGETS SCAMS
Nov 7 2005 // The South Carolina Attorney General’s Office is beefing up its Fraud Division staff to reduce a backlog of cases and answer critics who say the department isn’t tough enough on insurance scams. The office has...
News Briefs
Nov 6 2005 // ALABAMA Vesta Reinsurance To Cover Wilma Vesta Insurance of Birmingham, issued a statement saying it has complete reinsurance coverage for Hur-ricane Wilma claims in Florida. “As previously disclosed, Vesta’s...
S.C. Farm Bureau Mutual Names Sanders V.P. of Policy Services
Nov 3 2005 // Gail Sanders has been promoted to vice president of Policy Services of the South Carolina Farm Bureau Mutual Insurance Company in Cayce, S.C. For 11 years, Sanders has worked as the company’s Policy Services manager....
S.C. Reports Fewer Uninsured Drivers
Oct 28 2005 // Fewer uninsured motorists are driving South Carolina’s roads. State officials credit a crackdown by the state Department of Motor Vehicles. In January, the agency began using a new database of drivers who let their...
News Briefs
Oct 17 2005 // ALABAMA AIIA Conference, Educational Sessions The Alabama Independent Insurance Agents has scheduled five upcoming seminars in Mobile, Birming-ham and Huntsville. Oct. 19, Small and Rural Agents Conference, two topics,...
S.C. Attorney General Adds Staff to Target Insurance Scams
Oct 11 2005 // South Carolina’s Attorney General’s Office is beefing up its Fraud Division staff to reduce a backlog of cases and answer critics who say the department isn’t tough enough on insurance scams. The office...
South Carolina Tweaking Hurricane Preparedness Plans
Oct 3 2005 // Emergency workers along the South Carolina coast are tweaking hurricane preparedness plans in the wake of Gulf Coast storms Katrina and Rita. According to the Columbia State, officials are looking into whether there are...
S.C. Court Denies Faulty Workmanship Coverage in Bituminous Case
Sep 29 2005 // The South Carolina Supreme Court issued its decision in the case of L-J, Inc. v. Bituminous Fire and Marine Insurance Co., Sept. 26, holding that faulty workmanship is not considered an accidental event or...
Wilmington Trust Expands Captive Insurance Management Services
Sep 28 2005 // Wilmington Trust, a provider of specialized management and fiduciary services to corporations worldwide, is expanding the reach of its captive insurance management services. Wilmington Trust entered the growing captive...
S.C. Woman Receives Eight Years for Burning Her Vehicle
Sep 22 2005 // A South Carolina woman has pleaded guilty to one count of insurance fraud after she claimed her vehicle was stolen and burned, according to state Attorney General Henry McMaster. Shaunta M. Dukes told police she had been...
NICB: Rise in S.C. Auto Thefts
Aug 24 2005 // There were more than 22,000 vehicles stolen in South Carolina in 2004 according to the National Insurance Crime Bureau, which reports that theft rates rose for the sixth year in a row. NICB reports the Florence, S.C....
