Governor Signs S.C. Captive Bill

South Carolina Governor Jim Hodges recently signed into law a bill that allows a new class of captive and adds provisions to sponsored captive legislation in South Carolina.

“Effective [immediately] we have a new class of captive–a reinsurance captive,” said Clayton Ingram, director of business development for the Alternative Risk Transfer Division of the S.C. Department of Insurance in Columbia. “We wanted it passed quickly and we wanted it signed quickly and it moved right on through at a brisk pace.”

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.