By today all health insurance companies were to have notified individual policy holders and small businesses about premium refunds or credits they were due thanks to Obamacare. In my July 18th blog I talked about these refunds and how they could finally demonstrate to the public that healthcare reform was working to make health insurance …
The wheels of justice turn slowly but they do turn. On Wednesday a ruling by the South Carolina Court of Appeals found in favor of the state’s Consumer Advocate in an extremely important issue affecting workers’ compensation insurance premiums. Our own Department of Insurance was fighting to keep the Consumer Advocate, the S.C. Small Business …
This week I had the opportunity to talk with David Black, South Carolina’s new Director of the Department of Insurance. First impression—he’s very tall. Second impression—congenial, intelligent, and well informed on issues in spite of only being on the job for a few weeks. Did I mention his height? Mr. Black made it clear that …
There appears to be some good news for South Carolina businesses with workers’ compensation insurance. On good authority I have been told that the National Council on Compensation Insurance (NCCI is the state’s workers’ comp rating organization) has filed for a 3.7% overall decrease in a key component of rates called the loss cost. The …
Good news for business—well maybe or maybe not Read More »
