South Carolina’s governor has elevated acting insurance department leader Michael Wise to the position of director. Wise, who’s been with the Department of Insurance since 2009, was named acting director a year ago, after longtime director, Ray Farmer, retired. “Michael …
The state of South Carolina is aiming to foster new flood insurance coverage options through the enactment of the South Carolina Private Flood Insurance Act. South Carolina Gov. Henry McMaster signed the legislation, passed Sept. 23 by state lawmakers, into …
The South Carolina Department of Insurance will be implementing a variety of organizational changes that will become effective May 1, 2020. These changes include: Joe Cregan has been named chief deputy of Insurance Operations. In this role, Cregan will directly …
Insurance departments across the Southeast are notifying industry representatives of updated procedures and expectations in response to the coronavirus outbreak, while also acknowledging the potential for a serious impact on state insurance operations, agents and policyholders. In some cases, regulators …
South Carolina Insurance Director Raymond G. Farmer has issued an insurance bulletin for Hurricane Dorian to all insurers, adjusters, producers, and other persons licensed and authorized to transact insurance in South Carolina. The bulletin authorizes the licensing of temporary adjusters …
The South Carolina Department of Insurance (SCDOI) assisted insurance consumers in the state in receiving more than $4.18 million in insurance-related payments in 2018. The recovered funds are in addition to the original amounts offered to policyholders by insurance companies, …
The South Carolina Department of Insurance has issued two Hurricane Florence-related notices to all property and casualty insurers doing business in the state. SCDOI Director Ray Farmer issued an emergency regulation Friday designed to protect insurance consumers as they recover …
Hurricane Florence could be one of the largest storms to hit the Carolinas in decades and state insurance officials say they are ready for whatever it will bring to their regions. In interviews with Insurance Journal on Tuesday, South Carolina …
Insurance regulators in the Southeast are notifying policyholders in their states of a Texas-domiciled/Atlanta, Georgia-headquartered property/casualty insurance company that is to be liquidated after being placed in receivership. Access Insurance Co. is primarily a provider of non-standard auto insurance licensed …
One state agency in South Carolina is getting an early start on Bring Your Daughters and Sons to Work Day. The Post and Courier of Charleston reports the South Carolina Department of Insurance announced this week it will allow new …
