News Flash

News Flash

Posted on: June 9, 2021

2021 Sample Premiums Data Call

Bulletin 2013-02 set forth an annual data call for rates effective June 1st of the applicable calendar year.  The purpose of this notice is to notify Property and Casualty (P&C) insurers of the July 15, 2021 deadline to submit sample premium ...

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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: March 10, 2021

Rates & Forms Filing Timeline for Plan & Policy Years Beginning in 2022

This memorandum details the filing timelines for issuers offering:

  • individual or small group non-grandfathered health insurance coverage; or 
  • coverage of pediatric dental services under Exchange-certified Stand-Alone Dental Plans (SADPs).

It applies...

Read on...

Additional Info... Bulletins and Orders
Posted on: February 5, 2021

Corrective Action Order 2021-01

Corrective Action Order 2021-01: Self-Funded Rates for the Workers’ Compensation Assigned Risk Plan

Additional Info... Bulletins and Orders
Posted on: January 27, 2021

Mandatory Adoption of Approved NCCI Loss Costs

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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Additional Info... Bulletins and Orders
Posted on: January 25, 2021

Bulletin 2021-01: Transitional Policy Extension

On January 19, 2021, 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 originally announced on Novem...

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Read Bulletin 2021-01 here. Bulletins and Orders
Posted on: December 8, 2020

Order No. 2020-06 Renewal of the Expansion of the SCWHUA Territory

This regards the renewal of the Jan. 7, 2019 expansion of the South Carolina Wind and Hail Underwriting Association (SCWHUA) territory enabling the association to provide essential insurance coverage to areas within the seacoast area.

Additional Info... Bulletins and Orders
Posted on: November 30, 2020

Urgent- PBM Application Deadline Tuesday December 1, 2020

Image of Pharmacy Prescription and Medication

Monday, November 30, 2020

Reminder: Pharmacy Benefit Managers (PBMs) License

Application Deadline is Tuesday December 1, 2020

This notice serves as an urgent reminder to companies offering PBM services in South Carolina. The law that requires pharmacy benefi...

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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...

Read on...

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...

Read on...

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...

Read on...

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...

Read on...

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...

Read on...

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...

Read on...

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...

Read on...

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...

Read on...

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

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 ...

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View the memo here Bulletins and Orders
Posted on: April 24, 2020

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 ...

Read on...

Additional Info... Bulletins and Orders
Posted on: April 17, 2020

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...

Read on...

Additional Info... Bulletins and Orders
Posted on: October 1, 2017

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

View Order 2017-04 Bulletins and Orders
Posted on: October 1, 2017

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

View Order 2017-03 Bulletins and Orders
Posted on: October 1, 2017

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

View Order 2017-02 Bulletins and Orders

News Flash

News Flash

Posted on: April 1, 2021

SCDOI Launches Drive Smart Campaign, Challenges South Carolinians to Drive Distraction-Free

Columbia, S.C. Today, the South Carolina Department of Insurance (SCDOI) announced a Drive Smart campaign. This public awareness effort is challenging South Carolinians to drive without distractions.

DOI.SC.GOV/DriveSmart Highlights Reasons to Avoid Distra...

Read on...

View Media Release Here Consumer Services
Posted on: February 4, 2021

Consumer Alert: COVID-19 Vaccinations Should Be Provided at No Cost to the Consumer

The South Carolina Department of Insurance (SCDOI) would like to remind consumers that you should not be charged for a COVID-19 vaccine or for the vaccine’s administration, regardless of health insurance status. 

The Coronavirus Aid, Rel...

Read on...

Additional Info... Consumer Services
Posted on: January 27, 2021

Consumer Fraud Alert

The South Carolina Department of Insurance (SCDOI) is urging South Carolina citizens to not share their personal information with telemarketers. The SCDOI has recently received reports of organizations attempting to obtain personal information by masquera...

Read on...

Additional Info... Consumer Services

News Flash

Home 2019

30 Stories
Posted on: July 1, 2021

SCDOI Announces $2M Investment for Insurance Fraud Enforcement

Palm Tree Yellow

SCDOI Director Farmer announces that he has entered into an MOU with Attorney General Wilson & Chief Keel of SLED, to transfer insurance fraud enforcement to the SCDOI. A budget of $2 million for insurance fraud investigation & prosecution was announced.

Additional Info... Home 2019
Posted on: April 14, 2021

Consumer Alert: Insurance Policy Limits and Keeping Up with Increasing Construction Costs

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The South Carolina Department of Insurance (SCDOI) is reminding home and property owners to review your insurance coverage limits due to increasing repair and replacement construction costs.

Additional Info... Home 2019
Posted on: April 13, 2021

Gov. McMaster, Supt. Spearman, & Dir. Farmer Announce $24.54M Investment

volkswagen_2019_logo_before_after

Governor Henry McMaster, S.C. Superintendent of Education Molly Spearman, and Director Ray Farmer have announced that the second round of funding from the state’s share of the Volkswagen Environmental Mitigation Trust will be invested in 235 new...

Read on...

Home 2019
Posted on: April 1, 2021

SCDOI Launches Drive Smart Campaign, Challenges South Carolinians to Drive Distraction-Free

Logo 2.0

The SCDOI announces the Drive Smart
campaign. This public awareness effort is challenging South Carolinians to drive without distractions.

Additional Info... Home 2019
Posted on: February 5, 2021

Notice of A Filing and Corrective Action Order

Important Notice

In the matter of: Application of the National Council on Compensation Insurance, Inc. for a revision in their Workers’ Compensation Program Loss Costs, and Corrective Action Order

Additional Info... Home 2019
Posted on: February 5, 2021

Corrective Action Order 2021-01

Palm Tree Yellow

In the Matter of: Self-Funded Rates for the Workers’ Compensation Assigned Risk Plan

Additional Info... Home 2019
Posted on: February 4, 2021

Consumer Alert: COVID-19 Vaccinations Should Be Provided at No Cost to the Consumer

individual getting a vaccination in the upper arm.

The South Carolina Department of Insurance (SCDOI) would like to remind consumers that you should not be charged for a COVID-19 vaccine or for the vaccine’s administration, regardless of health insurance status. 

The Coronavirus Aid, Rel...

Read on...

Additional Info... Home 2019
Posted on: January 27, 2021

Consumer Fraud Alert

black background with red lettering reading SCAM ALERT

We've recently received reports of organizations trying to obtain personal information by masquerading as licensed insurance professionals selling final expense coverage or burial insurance. Do not share personal information with telemarketers.

Additional Info... Home 2019
Posted on: January 25, 2021

Bulletin 2021-01 Transitional Policy Extension

Image of health care items.

Bulletin Number 2021-01, Addendum H to Bulletin 2013-12, has been issued to adopt the latest federal extension of the transitional policy (now referred to as the non-enforcement policy) through Calendar Year 2022.

Additional Info... Home 2019
Posted on: January 15, 2021

FAQs: Auto Insurance Blog

Auto-Insurance-1

Here at the SCDOI, we get a fair amount of questions surrounding auto insurance. We will address some of the main ones we get in this blog post.

Additional Info... Home 2019
Posted on: December 11, 2020

SCWHUA Renewal of Expansion

sic-south-carolina

This regards the renewal of the Jan. 7, 2019 expansion of the South Carolina Wind and Hail Underwriting Association (SCWHUA) territory.

Additional Info... Home 2019
Posted on: November 30, 2020

Urgent Pharmacy Benefit Managers (PBMs) License Application Deadline is Tuesday December 1, 2020

Image of Pharmacy Prescription and Medication

This notice serves as an urgent reminder to companies offering PBM services in South Carolina.

Additional Info... Home 2019
Posted on: October 23, 2020

Just Drive Video

distracted drivers are 90% more likely to crash.

Distracted driving causes 20,000 accidents each year in S.C.
Director Farmer urges drivers to put the phone down when behind the wheel and just drive.

Additional Info... Home 2019
Posted on: October 12, 2020

Order Number 2020-05 Retroactive Accident and Health Insurance

Heart and medical card.

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...

Read on...

Additional Info... Home 2019
Posted on: October 12, 2020

Order Number 2020-04 Rates for Credit Property Insurance

Hand under a drawing of a house in a bubble.

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...

Read on...

Additional Info... Home 2019
Posted on: October 12, 2020

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

Man uses blood pressure cuff.

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...

Read on...

Additional Info... Home 2019
Posted on: October 8, 2020

Order Number 2020-02: Mandating Electronic Payment Options

Close  up image of a $100 bill.

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 electronicall...

Read on...

Additional Info... Home 2019
Posted on: September 30, 2020

S.C. Private Flood Insurance Act Enacted

Photo of ocean and houses

For Immediate Release                                           &a...

Read on...

Additional Info... Home 2019
Posted on: September 18, 2020

Common Life Insurance Questions

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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...

Read on

Read more from our blog, Insurance Matters Home 2019
Posted on: September 15, 2020

Bulletin Number 2020-03A - Modification to Temporary Licensing

Hand holding an image of three people to symbolize security.

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...

Read on...

Additional Info... Home 2019
Posted on: September 15, 2020

Bulletin 2020-10 PBM License Application Timeline and Instruction

Image of Pharmacy Prescription and Medication

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...

Read on...

Additional Info... Home 2019
Posted on: August 7, 2020

Be Aware of COVID-19 Scams

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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...

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Additional Info... Home 2019
Posted on: August 3, 2020

Isaias Storm Recovery Information

hurricane-1085673_1280

 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. ...
Read on...

To learn more about hurricane preparedness Home 2019
Posted on: June 29, 2020

Bulletin 2020-06 SC Safe Home Program

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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...

Read on...

Additional Info... Home 2019
Posted on: June 3, 2020

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

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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...

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Additional Info... Home 2019
Posted on: April 24, 2020

Bulletin Number 2020-05

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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...

Read on...

Additional Info... Home 2019
Posted on: April 17, 2020

Bulletin Number 2020-04

blog-1337564_1280

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...

Read on...

Additional Info... Home 2019
Posted on: April 15, 2020

April Severe Weather Data Call Notice

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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...

Read on...

Additional Info... Home 2019
Posted on: January 3, 2020

Network Adequacy Standards - Annual Certifications Due February 1st

Click here to learn about the memorandum for all insurers licensed to transact accident and health i

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...

Read on...

[Additional info...] Home 2019

News Flash

Posted on: July 1, 2021

SCDOI Announces $2M Investment for Insurance Fraud Enforcement

SCDOI Director Farmer announces that he has entered into an MOU with Attorney General Wilson & Chief Keel of SLED, to transfer insurance fraud enforcement to the SCDOI. A budget of $2 million for insurance fraud investigation & prosecution was announced.

Additional Info... Press Releases
Posted on: April 14, 2021

Consumer Alert: Insurance Policy Limits and Keeping Up with Increasing Construction Costs

The South Carolina Department of Insurance (SCDOI) is reminding home and property owners to review your insurance coverage limits due to increasing repair and replacement construction costs.

Additional Info... Press Releases
Posted on: April 13, 2021

Gov. McMaster, Supt. Spearman, & Dir. Farmer Announce $24.54M Investment

The second round of Volkswagen Settlement Funds to be used for the purchasing of 235 new school buses and three public transit buses.

Additional Info... Press Releases
Posted on: March 31, 2021

SCDOI Launches Drive Smart Campaign, Challenges South Carolinians to Drive Distraction-Free

Columbia, S.C. Today, the South Carolina Department of Insurance (SCDOI) announced a Drive Smart campaign. This public awareness effort is challenging South Carolinians to drive without distractions.

DOI.SC.GOV/DriveSmart Highlights Reasons to Avoid Distra...

Read on...

View Media Release Here Press Releases
Posted on: February 4, 2021

Consumer Alert: COVID-19 Vaccinations Should Be Provided at No Cost to the Consumer

The South Carolina Department of Insurance (SCDOI) would like to remind consumers that you should not be charged for a COVID-19 vaccine or for the vaccine’s administration, regardless of health insurance status. 

The Coronavirus Aid, Rel...

Read on...

Additional Info... Press Releases
Posted on: January 27, 2021

Consumer Fraud Alert

The South Carolina Department of Insurance (SCDOI) is urging South Carolina citizens to not share their personal information with telemarketers. The SCDOI has recently received reports of organizations attempting to obtain personal information by masquera...

Read on...

Additional Info... Press Releases
Posted on: September 30, 2020

S.C. Private Flood Insurance Act Enacted

For Immediate Release                                           &a...

Read on...

Additional Info... Press Releases

News Flash

Posted on: April 13, 2021

2nd Round of Funding Awarded for VW Settlement

Governor McMaster and Director Farmer have announced that the second round of funding from the state’s share of the Volkswagen Environmental Mitigation Trust will be invested in 235 new, propane-fueled buses to update our aging school bus fleet....

Read on...

VW Settlement