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Results for content tagged as South Carolina

1.

Oct 13, 2016 - ... South Carolina Department of Insurance (DOI) has issued Bulletin 2016-09 to formally withdraw previously issued DOI Bulletin Number 77-6. Bulletin 2016-09 clarifies that based upon South Carolina law, insurers writing liability insurance...

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May 5, 2016 - ... May 31, 2016 to submit data regrading windstorm damage mitigation credits to the South Carolina Department of Insurance A notice announcing the data call states that a 2007 South Carolina law requires that property insurance rating plans for risks in coastal areas must...

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Mar 30, 2016 - ... notice in South Carolina reminds all property insurers, including surplus lines carriers, that they are required to submit annual reports listing their underwriting restrictions based on geography and notifying regulators of...

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Jan 6, 2016 - ... bulletin from the South Carolina Department of Insurance states that that the data call described below shall continue beyond its original completion date of Jan. 4, 2016 because 95% of the claims...

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Oct 30, 2015 - ... South Carolina Department of Insurance has posted new rate filing exhibits for property/casualty lines of insurance, along with tutorials for using the new exhibits, The new exhibits are also available...

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Oct 6, 2015 - ... South Carolina says that record rainfall and consequent flooding in recent days has created a state of emergency and triggered conditions for allowing temporary, non-resident insurance adjusters to operate...

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Jun 11, 2014 - [ACTION_PRINT_ARTICLE] Aug. 5 UPDATE: A  bulletin was recently issued by Insurance Director Ray Farmer to implement the law referenced below. A new law in South Carolina requires all insurers, at the issuance of a new policy and at each renewal, to notify the applicant or policyholder of a personal lines residential property insurance policy of the following: Whether the policy provides coverage for flood or mold; Any distinction between replacement cost and actual...

8.

Mar 18, 2014 - ... South Carolina Department of Insurance identifies seven versions of catastrophe loss models approved for use in property insurance rate filings. If a company wishes to use a model version not...

9.

Mar 7, 2014 - [ACTION_PRINT_ARTICLE] South Carolina Insurance Director Raymond Farmer will provide welcoming remarks to the 2014 AAIS Main Event conference, April 6-8 in Hilton Head Island, S.C. He will make his remarks at the beginning of the opening general session on Monday morning, April 7. Registration for the Main Event is still open. Ray Farmer was appointed by Governor Nikki Haley in November 2012. Previously, he served as deputy insurance commissioner of the enforcement division for the...

10.

Mar 1, 2008 - ... both.) The size of the credits was later increased as part of the package of insurance measures enacted by the Florida legislature in January 2007. Since Florida took action, Connecticut, Louisiana, and South Carolina have followed suit. In Connecticut, insurers must offer credits on the standard rate of insurance for homes that have storm shutters and/or building glass installed. Louisiana requires all homeowners...