South Carolina uninsured motorists can pay to drive

policeSouth Carolina will allow uninsured motorists to operate vehicles in the state if they pay an annual fee of $550, according to Bulletin 2016-11, which the state released on Dec. 20, 2016.

The state said it will place collected funds in the Uninsured Motorist Fund and distribute it among insurers writing motor vehicle bodily injury and property damage liability insurance for vehicles registered in South Carolina.

Insurance carriers writing policies in South Carolina will receive a check proportional to their market share in the state in 2015. These payouts are intended to reduce the costs for auto insurance coverage in South Carolina.

Contact Tom Watson, finance director, at (803) 737-6141 or twatson@doi.sc.gov for more information.

Pennsylvania Plate Readers

Pennsylvania-Plate-Readers_Stock

Pennsylvania discontinued its practice of issuing license plate registration stickers effective Jan. 1, 2017. To confirm that a motorists ’s vehicle registration is current and properly insured, the state now will rely on license plate-reader technology to scan license plates. The state estimates it will save $2 million in mailing costs and $1 million in […]

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Breaking: CMS Recovery Practice Ruled Improper under the MSP

In an important new case—CIGA v. Burwell, 2017 WL 58821 (C.D. California, January 5, 2017)—the court ruled that the CMS practice of seeking full reimbursement of a medical provider’s single charge—even where some unsegregated portion of that charge relates to services not covered by a workers compensation plan—was improper under the Medicare Secondary Payer Statute […]

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January 2017 Preview: Historical Catastrophe Activity

JanHistoricalData

With winter on its way, we look ahead to January cat event risks. Catastrophic January storms since 2007 have caused nearly $5.9 billion in insured losses. PCS has designated 16 catastrophes during the month of January between 2007 and 2016, including 10 winter storms and six wind and thunderstorm events. Last January, we saw the […]

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A Holiday Present from CMS

Marty Cassavoy

Foreshadowing a major change to Medicare Set-Asides (MSAs), the Centers for Medicare & Medicaid Services (CMS) announced on Wednesday, December 21, that it would unveil new policies in 2017 regarding re-review of MSAs and the use of utilization review in MSAs. The CMS announcement suggests that parties may soon be afforded a second bite of […]

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Scrooge & Marley, PLC: A commercial insurance case study

Scrooge

Scrooge & Marley, PLC, was a privately held partnership in 19th-century England that operated out of a dingy warehouse in the Cornhill section of London. Partners Ebenezer Scrooge and Jacob Marley founded the “counting house” with no outside investors or small business loans. Marley referred to the firm as “a money-changing hole,” a closely held, […]

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