All the headlines from our South Carolina Topic Page, ordered by recency.
Jan 29 2004 // The South Carolina Senate Banking and Insurance Committee on Wednesday approved a flex rating bill supported by the American Insurance Association that would reportedly eliminate prior approval for homeowners insurance...
Jan 26 2004 // A proposal to create and fund an insurance fraud investigation and prosecution framework in South Carolina reportedly has the support of the Alliance of American Insurers. The Omnibus Insurance Fraud and Reporting Immunity...
Dec 22 2003 // Bud Stumbaugh, CEO of AssuranceAmerica Corp. announced that its subsidiary, AssuranceAmerica Insurance Company, a P/C insurer that focuses on the nonstandard private passenger automobile market, will commence writing...
Dec 16 2003 // A proposal to create and fund an insurance fraud investigation and prosecution framework in South Carolina reportedly has the support of the Alliance of American Insurers.The Omnibus Insurance Fraud and Reporting Immunity...
Dec 8 2003 // During the Winter National Meeting in Anaheim, members of the National Association of Insurance Commissioners (NAIC) elected regulators from South Carolina, North Dakota and Oregon to serve as the association’s 2004...
Nov 17 2003 // The Seibels Bruce Group, Inc. announced financial results for the quarter that ended Sept. 30, 2003 and other matters.For the third quarter of 2003, the South Carolina-based company reported a net loss of $1.5 million or...
Aug 29 2003 // Jess Chappell, president and CEO of Savannah, Ga.-based CIS Inc., announced that CIS plans to enter into the South Carolina non-standard auto market by taking over the administration of an already existing...
Aug 28 2003 // CIS, Inc. announces entry into S.C. non-standard auto marketJess Chappell, President and CEO of Savannah, GA based CIS, Inc., announced that CIS will enter into the South Carolina non-standard auto market by taking over...
Aug 21 2003 // The cost of household water damage in South Carolina continues to grow at an alarming rate, according to the South Carolina Insurance News Service (SCINS). The group said that in 2002 water claims cost the insurance...
Aug 19 2003 // The Seibels Bruce Group Inc. of Columbia, S.C., announced financial results for the quarter that ended June 30, 2003, noting that the company posted a net profit of $759,000, or $0.08 per share (basic and diluted). This is...
May 22 2003 // The Seibels Bruce Group, Inc., has received an Order Lifting Administrative Supervision and Relieving Supervisor from the South Carolina Department of Insurance (SCDOI). Since August 2002, the company has reportedly worked...
May 13 2003 // According to the Alliance of American Insurers, a bill introduced in the South Carolina Senate will put the state’s regulation of insurance light years ahead of any other and benefit homeowners by introducing more...
May 8 2003 // South Carolina’s The Seibels Bruce Group Inc. announced financial results for the quarter that ended March 31, 2003, reporting that the company posted a net profit of $1.4 million, or $0.17 per share (basic and...
Apr 29 2003 // The South Carolina Department of Insurance issued a statement reminding all resident and nonresident producers licensed on January 31, 2003 with unlimited lines of authority are required to pay a one-time $35...
Apr 24 2003 // South Carolina State Rep. Shirley Hinson claims a business lobby group has offered her a bribe to support legislation that would reform medical malpractice lawsuits.According to the Associated Press and The Charleston Post...
Apr 18 2003 // “Regulation of the insurance industry in South Carolina is best handled by the Department of Insurance in Columbia, not a federal department of insurance in the District of Columbia,” said Gov. Mark Sanford (R)...
Mar 31 2003 // South Carolina’s The Seibels Bruce Group Inc., announced financial results for the fourth quarter and year that ended December 31, 2002, reporting it posted a net profit of $805 thousand, or $0.09 per share (basic...
Mar 26 2003 // The Alliance of American Insurers praised a ruling by the South Carolina Supreme Court that limits the amount insurers must pay to repair damaged vehicles. The ruling came in a case involving a State Farm policyholder who...
Mar 14 2003 // Newport Star Reinsurance Company and Accident Insurance Company (AIC) announced they have been approved by the South Carolina Department of Insurance, and are now able to offer property and casualty insurance with a...
Mar 7 2003 // Nearly nine months of work by the Alliance of American Insurers recently culminated in the introduction of a South Carolina bill, S 449, which would give the insurance industry a voice in shaping the state’s building...