SC | The South Carolina Department of Insurance has issued Bulletin Number 2024-08.
Regulation 69-11.1, Regulation of Credit Insurance, requires the South Carolina Department of
Insurance to promulgate tentative rates for credit property insurance by August 1 of each year.
The tentative rates are those the Department believes may reasonably be expected to produce a loss ratio of not less than fifty percent (50%) in the following calendar year. This bulletin constitutes official notice of the tentative rates for 2025. Continue reading.