Providing Public Assistance
Each state department of insurance has a unique opportunity to partner with national organizations which provide assistance to the public. The National Association of Insurance Commissioners (NAIC), based in Kansas City, Missouri, is an association of state and US territory insurance commissioners designed to promote uniform and consistent insurance regulatory practices throughout the country. The National Insurance Producer Registry (NIPR), a subsidiary of the NAIC, provides electronic processing of non-resident producer licenses. The National Council of Compensation Insurance (NCCI) serves as the statistical agent for workers’ compensation insurance in South Carolina, and acts as administrator of the state’s Assigned Risk Plan.
Hurricane Mitigation
Hurricane Damage Mitigation Program provided matching grants of up to $5,000 to assist individuals in making their homes as hurricane-resistant as possible. The department partnered with local and statewide businesses and not-for-profit agencies to provide information and mitigation methods to help South Carolinians learn ways to make their homes more hurricane-resistant. During the fiscal year ending in June 30, 2008, the hurricane mitigation program made 523 grant awards resulting in 478 grant payments totaling $2,261,768.