The South Carolina House concurred with the Senate on the so-called coastal property omnibus bill Wednesday and forwarded it to the governor who is expected to sign the legislation. HB 3820 includes a limited expansion of the South Carolina Wind and Hail Underwriting Association as well as a requirement that it be the "market of last resort" and diminishing competition with the private market.
S.C. House and Senate Agree, Sign Hurricane Bill
External References & Further Reading
http://www.insurancejournal.com/news/southeast/2007/06/07/80609.htm



