South Carolina Insurance Regulator Issues Emergency Bulletin for Dorian.
Byline: Amy O'Connor
South Carolina Insurance Regulator Issues Emergency Bulletin for Dorian
South Carolina Insurance Director Raymond G. Farmer has issued an insurance bulletin for Hurricane Dorian to all insurers, adjusters, producers, and other persons licensed and authorized to transact insurance in South Carolina.
The bulletin authorizes the licensing of temporary adjusters and motor vehicle physical damage appraisers for claims expected to come after the storm impacts South Carolina this week.
"Hurricane Dorian is expected to cause damage along the coasts and inland areas of the states of Florida, Georgia, South Carolina and North Carolina," the Sept. 3 bulletin from Farmer states. "South Carolina may be impacted significantly by this event. Hurricane or tropical-storm winds, tornadoes, wind gusts, flooding and the threat of flash flooding are imminent and represent a threat to the safety, security, welfare and property of the citizens of the State of South Carolina."
As such and based on the potential for significant damage that could include catastrophic losses, SCDOI said the licensure of temporary non-resident adjusters and motor vehicle physical damage appraisers may be necessary.
"Adjusters and motor vehicle physical damage appraisers will be available to assist with the evaluation of claims resulting from this event for South Carolina residents after the storm," SCDOI said.
The determination is effective immediately and will continue 120 days from the date of the Sept. 3 bulletin, unless otherwise extended by SCDOI. Individuals interested in becoming licensed as temporary non-resident adjusters or motor vehicle physical damage appraisers may obtain the procedures and forms for licensure from SCDOI's
Dorian is expected to graze the Southeast coast from Florida through North Carolina, likely starting Tuesday afternoon, the National Hurricane said, bringing the potential for major damage. The storm (https://www.insurancejournal.com/news/national/2019/09/02/538628.htm) terrorized several islands in the Bahamas over the weekend as a Category 5, with winds reaching 180 mph.
"Life-threatening storm surge and dangerous winds are expected along portions of the Florida east coast and the coasts of Georgia and South Carolina, regardless of the exact track of Dorian's center. Water levels could begin to rise well in advance of the arrival of strong winds," The NHC said in its Tuesday 11 am advisory.
Bulletin: (https://doi.sc.gov/DocumentCenter/View/12150/Bulletin-2019-07_Hurricane-Dorian-Emergency-Adjusters-and-Appraisers) South Carolina Adjustment of Claims in Unusual Circumstances
Source: South Carolina Department of Insurance
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|Date:||Sep 3, 2019|
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