south carolina
South Carolina Wind Pool Will Keep Expansion While Shrinking Paid Members Public
Despite premiums, policy counts and insured limits continuing to drop, the South Carolina Wind and Hail Underwriting Association (SCWHUA) will continue its almost decade long coastal property expansion, according to a regulatory order issued Thursday. Citing the possibility of “significant disruption in the coastal property insurance market,” South Carolina Department
Report Rejects South Carolina-Specific Catastrophe Model Paid Members Public
Citing significant costs and limited upside, a panel charged with exploring a homegrown windstorm model for the Palmetto State said it should not be developed. “The benefits of a South Carolina specific public model appear marginal and, at best, are unclear, while the costs associated with developing and maintaining a
