Bulletin 2022_08

I.          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 tenta...

Bulletin 2022-07

I.          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 tenta...

Bulletin 2022-06

I.          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 pr...

Bulletin 2022-05

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 ow...

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...

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...

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 ...

Bulletin 2022-01 Withdrawn Bulletins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Department of Insurance is reviewing bulletins issued since 1999 and has determined the following bulletins must be withdrawn effective immediately because laws have changed, or information contained is outdated or uncl...

Bulletin 2021-08 PBM License Renewal Timeline and Instruction

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...

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...

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...

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....

Bulletin 2021-03 New Insurance Fraud Prevention and Prosecution Unit

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...

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...