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...

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...

Corrective Action Order 2021-01

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

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...

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...

Bulletin 2020-11: New Guaranty Association Notice Requirement

The South Carolina Department of Insurance has issued Bulletin 2020-11 to notify members of the South Carolina Carolina Life and Accident and Health Insurance Guaranty Association of the new requirement to issue a notice that describes the coverages, excl...

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.

Urgent- PBM Application Deadline Tuesday December 1, 2020

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...

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...

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...

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...

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...

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 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

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

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...

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...

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...

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.

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

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...

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

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

Notice of A Filing and Corrective Action Order

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

Corrective Action Order 2021-01

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

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...

Consumer Fraud 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.

Bulletin 2021-01 Transitional Policy Extension

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.

FAQs: Auto Insurance Blog

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.

Bulletin 2020-11: New Guaranty Association Notice Requirement

Bulletin 2020-11: New Guaranty Association Notice Requirement

TO:                  All Members of the South Carolina Life and Accident and Health Insurance Guaranty Associatio...

SCWHUA Renewal of Expansion

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

Urgent 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.

Just Drive Video

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.

Order Number 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...

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...

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...

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 electronicall...

Video: 5 Common Life Insurance Questions

S.C. Private Flood Insurance Act Enacted

For Immediate Release                                           &a...

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...

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...

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...

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...

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.

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.

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...

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...

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...

S.C. Private Flood Insurance Act Enacted

For Immediate Release                                           &a...

Reduce Your Risk this Year with Flood Insurance

For Immediate Release                                           &a...

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....