Bulletin 1999-3 Premium Finance Companies
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South Carolina Department of Insurance Bulletins › Bulletin 1999-3 Premium Finance Companies
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(Issued upon August 9, 1999)
To: All Licensed Property and Casualty Insurers
From: Mr. Ernst N. Csiszar, Director
Subject: Premium Finance Companies
It has come to the Department's attention that some insurers are requiring the use of a particular premium finance company for
policies written by that insurer. Section 38-5-200 allows all insureds and applicants the freedom to choose among all available
premium financing. Insurers may not restrict the right to choose in any way, directly or indirectly.
Please direct any questions or concerns regarding this matter to Dean F. Kruger, 803-737-6230.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.