Bulletin Number 2020-03A - Modification to temporary licensing

To:  All insurers, producers, surplus lines brokers, bail bondsmen, and other licensed or authorized persons transacting the business of insurance in South Carolina. 

From: Raymond G. Farmer, Director of Insurance

This Bulletin modifies te...

Bulletin 2020-10 PBM License Application Timeline and Instruction

To: All Pharmacy Benefit Managers Doing Business in this State, and Other Interested Parties

From: Raymond G. Farmer, Director of Insurance

Purpose

The purpose of this bulletin is to establish filing timelines for Pharmacy Benefit Managers (PBMs) applying fo...

Bulletin 2020-09 Notice of Tentative 2021 Credit Accident and Health Insurance Rates and Opportunit

• NOTICE OF TENTATIVE CREDIT ACCIDENT AND HEALTH INSURANCE RATES

Regulation 69-11.1, Regulation of Credit Insurance, requires the South Carolina Department of Insurance (Department) to promulgate tentative rates for credit accident and health insur...

Bulletin 2020-8 Notice of Tentative 2021 Accident and Health Insurance Rates for 3-day Retro

NOTICE OF TENTATIVE CREDIT ACCIDENT AND HEALTH INSURANCE RATES

Regulation 69-11.1, Regulation of Credit Insurance, requires the South Carolina Department of Insurance (Department) to promulgate tentative rates for credit accident and health insur...

Bulletin 2020-7 Notice of Tentative 2021 Credit Property Insurance Rates and Opportunity to R

NOTICE OF TENTATIVE CREDIT PROPERTY INSURANCE RATES

Regulation 69-11.1, Regulation of Credit Insurance, requires the South Carolina Department of Insurance to promulgate tentative rates for credit property insurance by August 1 of each year. The ...

Bulletin 2020-06 SC Safe Home Program

The South Carolina Department of Insurance administers the South Carolina Safe Home Mitigation Grant Program as set forth in S.C. Code Ann. §38-75-485 (2017). The program provides matching and non-matching grant funds to help coastal property own...

Revised Filing Timeline for 2021 Health and Dental Plans - Memo to Issuers

MEMORANDUM

To: Issuers of Individual and Small Group Health Insurance Coverage and Issuers of Exchange-certified Stand-Alone Dental Coverage

From: Kendall Buchanan, Deputy Director of Market Regulation and Public Information

Subject: Revised Filing Timeline ...

Bulletin 2020-05 Filing Requirement Extensions

To: All Insurance companies, including captive insurance companies and other persons licensed to transact business in South Carolina

From: Raymond G. Farmer, Insurance Director

Purpose

As you are aware, South Carolina and most other states are in a State of ...

Bulletin Number 2020-04

To all licensees of the South Carolina Department of Insurance, including guaranty fund associations, surplus lines insurers and other persons registered or authorized to operate pursuant to the Insurance laws of this state.

From  Raymond G. Farme...

Order 2020-01 Self-Funded Rates for the Workers' Compensation Assigned Risk Plan

Order 2020-01 Self-Funded Rates for the Workers’ Compensation Assigned Risk Plan

Bulletin 2019-11 Corporate Governance Annual Disclosure Requirements

The purpose of this bulletin is to remind insurers of the corporate governance annual disclosure (CGAD) requirements of S.C. Code Ann Regs. 69-80 that were effective May 24, 2019. This regulation sets forth the disclosure requirements for companies' gover...

Order 2017-04 Rates for Credit Property Insurance Sold in Conjunction with Loans Subject to 1966 S.C

Order 2017-04 Rates for Credit Property Insurance Sold in Conjunction with Loans Subject to 1966 S.C. Act No. 988

Order 2017-03 Rates for Credit Accident and Health Insurance Sold in Conjunction with Consumer Credi

Order 2017-03 Rates for Credit Accident and Health Insurance Sold in Conjunction with Consumer Credit Transactions subject to the S.C. Consumer Protection Code

Order 2017-02 Rates for Credit Accident and Health Insurance Sold in Conjunction with Loans

Order 2017-02 Rates for Credit Accident and Health Insurance Sold in Conjunction with Loans Subject to 1966 S.C. Act No. 988

Bulletin Number 2016-09

Withdrawal of Bulletin 6-77 Relating to Liability Insurance Coverage for Punitive Damages

Common Life Insurance Questions

Let’s answer some common questions about life insurance. 

Life insurance is a contract between an insurance policy holder and an insurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium...

Bulletin Number 2020-03A - Modification to Temporary Licensing

To:  All insurers, producers, surplus lines brokers, bail bondsmen, and other licensed or authorized persons transacting the business of insurance in South Carolina. 

From: Raymond G. Farmer, Director of Insurance

This Bulletin modifies te...

Bulletin 2020-10 PBM License Application Timeline and Instruction

To: All Pharmacy Benefit Managers Doing Business in this State, and Other Interested Parties

From: Raymond G. Farmer, Director of Insurance

Purpose

The purpose of this bulletin is to establish filing timelines for Pharmacy Benefit Managers (PBMs) applying fo...

Notice of Meeting: Associated Auto Insurers Plan of South Carolina Advisory Board

Notice of Meeting 

Associated Auto Insurers Plan of South Carolina Advisory Board

When: Thursday, September 24th, 2020 at 1:00 P.M. 

Where: Due to health and safety issues around travel, this meeting will be held by teleconference.

Dial in A...

Be Aware of COVID-19 Scams

The SCDOI has received reports of South Carolinians receiving scam marketing calls offering insurance products in the wake of the coronavirus pandemic. Be aware that these calls may use a virtual phone number with a South Carolina area code and phone numb...

Isaias Storm Recovery Information

 Isaias Updates:

• If you need help finding your company’s insurance claims number, please click here.
• The National Hurricane Center confirms Isaias made landfall near Ocean Isle, NC . Flooding may still remain throughout parts of the S.C. ...

Bulletin 2020-06 SC Safe Home Program

The South Carolina Department of Insurance administers the South Carolina Safe Home Mitigation Grant Program as set forth in S.C. Code Ann. §38-75-485 (2017). The program provides matching and non-matching grant funds to help coastal property own...

Insurance Coverage for Losses Caused by Riots, Civil Commotion and Vandalism

The South Carolina Department of Insurance (SCDOI) would like to provide consumers and business owners with information on insurance coverage for losses caused by riots, civil commotion and vandalism.

South Carolina law defines a riot as a tumultuous distu...

2020 Reporting Instructions for Sample Premiums Data Call

To: All Insurers Writing Private Passenger Automobile Insurance or Homeowners Insurance Coverage in South Carolina   

From: Michael Wise  Manager, Office of Market Services   

Subject: 2020 Private Passenger Auto...

Revised Filing Timeline for 2021 Plans - Memo to Issuers

MEMORANDUM

To: Issuers of Individual and Small Group Health Insurance Coverage and Issuers of Exchange-certified Stand-Alone Dental Coverage

From: Kendall Buchanan, Deputy Director of Market Regulation and Public Information

Subject: Revised Filing Timeline ...

Reduce Your Risk this Year with Flood Insurance

For Immediate Release                                           &a...

Bulletin Number 2020-05

To: All insurance companies, including captive insurance companies and other persons licensed to transact business in South Carolina

From: Raymond G. Farmer Insurance Director

Purpose

As you are aware, South Carolina and most other states are in a State of E...

Bulletin Number 2020-04

To all licensees of the South Carolina Department of Insurance, including guaranty fund associations, surplus lines insurers and other persons registered or authorized to operate pursuant to the Insurance laws of this state.

From  Raymond G. Farme...

April Severe Weather Data Call Notice

TO:  All Companies Licensed or Authorized to Write Property and Casualty Insurance in South Carolina  

FROM: Raymond G. Farmer, Director of Insurance

This correspondence is being issued to provide notification and guidance on reporting re...

Prudential Long-term Care Public Hearing Presentations

Please use the links below to access the presentation slides as well as the original press release and public notice of the hearing. 

Public Hearing Presentations

Media Release of Public Hearing

Public Notice of Public Hearing

Recording of the Public...

Genworth Long-term Care Public Hearing Presentations

Please use the links below to access the presentation slides as well as the original press release and public notice of the hearing. 

Public Hearing Presentations

Media Release of Public Hearing

Public Notice of Public Hearing

Audio Recording&nbs...

Bulletin-Number-2020-03

As you are aware, Governor Henry McMaster declared a State of Emergency due to the 2019 Novel Coronavirus (“COVID-19”) on March 13, 2020.   COVID-19 continues to disrupt the daily lives and business operations of many South Ca...

Filing Timeline for Plan/ Policy Years Beginning in 2021

MEMORANDUM 

TO: Issuers of Individual and Small Group Health Insurance Coverage, Issuers of Student Health Plans, and Issuers of Exchange-certified Stand-Alone Dental Coverage 

FROM: Kendall Buchanan Deputy Director of Market and Consumer ...

Bulletin-Number-2020-02

Governor Henry McMaster declared a State of Emergency due to the 2019 Novel Coronavirus ("COVID-19’’) on March 13, 2020. COVID-19 continues to disrupt the daily lives and threaten the public health of South Carolinians and has sub...

Data Call Extensions Due to COVID-19

SCDOI Hurricane Dorian Insurance Claim Data Call:

In accordance with South Carolina Code of Laws Section 38-13-160, the South Carolina Department of Insurance issued a data call relating to Hurricane Dorian insurance claims.  All licensed property...

The SCDOI's Response to COVID-19

The South Carolina Department of Insurance (SCDOI) is working closely with the health insurance industry to ensure South Carolinians have access to testing and related treatment when it comes to COVID-19, better known as the Coronavirus. The Department is...

BULLETIN NUMBER 2020-01 Addendum G to Bulletin 2013-12 Transitional Policy Extension

TO: All Insurers Licensed to Transact Accident and Health Insurance Business within the State of South Carolina and All South Carolina Licensed Health Maintenance Organizations (collectively “Health Insurance Issuers”)

FROM: Raymond G. ...

Network Adequacy Standards - Annual Certifications Due February 1st

Network Adequacy Standards – Annual Certifications Due February 1st

In accordance with Bulletin 2013-04, Appendix C, Item 9 under the section titled Provider Network Adequacy Guidelines, each Issuer must file an access plan with the filing for in...

Reduce Your Risk this Year with Flood Insurance

For Immediate Release                                           &a...