S0500 - Department of Insurance

3 Co-Sponsors

Amend The South Carolina Code Of Laws By Amending Section 38-75-485, Relating To The South Carolina Hurricane Damage Mitigation Program, So As To Establish Grant Criteria, Establish A Nonmatching Grant Formula, And To Remove A Cap On The Amount Of The Grant; By Amending Section 38-3-110, Relating To Duties Of The Director Of The Department Of Insurance, So As To Allow The Director To Provide Information Regarding Factors That May Affect Premium Rates; By Amending Section 38-73-1085, Relating To The Publication Of Representative Sample Premiums, So As To Allow The Director Or His Designee To Make Available Information That Affects Private Passenger Premium Rates; By Amending Section 38-61-80, Relating To Withdrawing From The Market, So As To Require Notice To The Director By The Insurer; And By Amending Section 38-1-20, Relating To The Definition Of "surplus Lines Insurance", So As To Include A Reference To Commercial Motor Vehicle Liability. - Ratified Title