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Posted on: June 9, 2022

Bulletin 2022-02 Addendum I to Bulletin 2013-12

  1. TRANSITIONAL POLICY EXTENSION

On March 23, 2022, the Center for Consumer Information and Insurance Oversight (CCIIO) issued an Insurance Standards Bulletin to extend the transitional policy (now referred to as a non-enforcement policy by CCIIO) that was or...

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Additional Info... Bulletins and Orders
Posted on: May 27, 2022

Bulletin 2022-04 CE Exemption for Licensed Producers Aged 65 with 25 years of Licensure

On May 16, 2022, Governor Henry McMaster signed into law Senate Bill S. 158 which amends Section 38-43-106 of the South Carolina Code of Laws relating to continuing education requirements for licensed insurance producers.   The amended section no...

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Additional Info... Bulletins and Orders
Posted on: May 17, 2022

Bulletin 2022-03 Withdrawal from the IIPRC

TO:                All Insurers and HMOs Licensed to Transact Insurance Business within the State of South Carolina

FROM:          Michael ...

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Additional Info... Bulletins and Orders
Posted on: April 6, 2022

Bulletin 2022-01 Withdrawn Bulletins

Purpose and Scope

The South Carolina Department of Insurance is reviewing bulletins issued since 1999 and has determined the following bulletins must be withdrawn effective immediately because laws have changed, or information contained is outdated or uncl...

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Additional Info... Bulletins and Orders
Posted on: December 31, 2021

Bulletin 2021-09 No Surprises Act

On December 27, 2020, the 2021 Consolidated Appropriations Act (CAA) was signed into law. It includes Title I, the No Surprises Act (NSA) and Title II, Transparency.  The NSA applies to individual and group insurance plans offered by hea...

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Bulletin 2021-09 Bulletins and Orders
Posted on: December 21, 2021

Order No. 2021-05

The SCDOI has issued Order No. 2021-05 regarding Self-Funded Rates for the Workers' Compensation Assigned Risk Plan.

Additional Info... Bulletins and Orders
Posted on: December 21, 2021

Approval of NCCI Loss Cost Filing

The National Council on Compensation Insurance (NCCI) is the workers' compensation insurance rating organization in South Carolina.  As such, they file prospective loss costs with the South Carolina Department of Insurance (Department) f...

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Bulletins and Orders
Posted on: November 1, 2021

Bulletin 2021-08 PBM License Renewal Timeline and Instruction

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Bulletin Number 2021-08 PBM License Renewal Timeline and Instruction

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

From: Raymond G. Farmer, Director of Insurance

Subject: Renewal Application Filing Timel...

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Bulletins and Orders
Posted on: October 4, 2021

Order Number 2021-04

Rates for Credit Accident and Health Insurance Sold in Conjunction with Loans Subject To 1966 S.C. Act No. 988--Approved Rate for 2022 Basic Statistical Plan

This matter comes before me for final approval of rates for credit accident and health insurance s...

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Additional Info... Bulletins and Orders
Posted on: October 4, 2021

Order Number 2021-03

IN THE MATTER OF: Rates for Credit Property Insurance Sold in Conjunction with Loans Subject to 1966 S.C. Act No. 988 --- Approved Rate for 2022 Basic Statistical Plan 

This matter comes before me for final approval of rates for credit property in...

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Additional Info... Bulletins and Orders
Posted on: October 4, 2021

Order Number 2021-02

IN THE MATTER OF: Rates for Credit Accident and Health Insurance Sold in Conjunction with Consumer Credit Transactions subject to the South Carolina Consumer Protection Code (S.C. Code Ann.§ 37-1-101 et seq.), Other Than Loans Made Under 1966 S.C. Act No....

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Additional Info... Bulletins and Orders
Posted on: April 12, 2021

SCMMA RFP

To All Interested Persons:

 

The SCMMA is hosting a mandatory pre-bid conference for all persons interested in submitting a proposal in response to SCMMA RFP No. 2021-001.    The mandatory  pre-bid conference will be held...

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Additional Info... Bulletins and Orders
Posted on: October 12, 2020

Order 2020-05. Retroactive Accident and Health Insurance

This matter comes before me for final approval of rates for credit accident and health insurance sold in conjunction with loans subject to the South Carolina Consumer Protection Code.  Pursuant to the provisions of S.C. Code Ann. Section 34-29-10...

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Additional Info... Bulletins and Orders
Posted on: October 12, 2020

Order Number 2020-04 Rates for Credit Property Insurance

This matter comes before me for final approval of rates for credit property insurance sold in conjunction with loans subject to the South Carolina Consumer Protection Code. Pursuant to the provisions of S.C. Code Ann. Section 34-29-10, et seq. (1976, as a...

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Additional Info... Bulletins and Orders
Posted on: October 12, 2020

Order Number 2020-03 Rates for Credit Accident and Health Insurance

This matter comes before me for final approval of rates for credit accident and health insurance sold in conjunction with loans subject to the South Carolina Consumer Protection Code, other than loans made under S.C. Act No. 988 of 1966.  Pursuan...

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Additional Info... Bulletins and Orders
Posted on: October 8, 2020

Order Number 2020-02: Mandating Electronic Payment Options

It has come to the South Carolina Department of Insurance’s attention that some licensees are 1) refusing to accept cash from their policyholders as a method of payment and 2) thereby requiring policyholders to transact business digitally or ele...

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Additional Info... Bulletins and Orders
Posted on: September 15, 2020

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...

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Additional Info... Bulletins and Orders
Posted on: September 15, 2020

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...

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Additional Info... Bulletins and Orders
Posted on: July 31, 2020

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...

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Additional Info... Bulletins and Orders
Posted on: July 31, 2020

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...

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Additional Info... Bulletins and Orders
Posted on: July 31, 2020

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 ...

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Additional Info... Bulletins and Orders
Posted on: June 29, 2020

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...

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Additional Info... Bulletins and Orders