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Homes sit in floodwater in a subdivision west of the Ashley river in Charleston, S.C., on Monday, Oct. 5, 2015. (AP Photo/Mic Smith) Homes sit in floodwater in a subdivision west of the Ashley River in Charleston, S.C., on Monday, Oct. 5, 2015. (AP Photo/Mic Smith)

South Carolina Governor Henry McMaster has signed the South Carolina Private Flood Insurance Act into law. The aim of the legislation is to foster innovative flood insurance coverage in the state and allow insurers to test products in the market, and offer more choices for flood insurance coverage to consumers.

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