# SC Insurance Bulletin 2000-04: Bulletin 2000-04 Personal Lines Pro-Rata Cancellation

> South Carolina · Agency guidance · In force

URL: https://www.frixlaw.com/law-library/statutes/SC_INS_B_2000-04

## Section

- **Citation:** SC Insurance Bulletin 2000-04
- **Heading:** Bulletin 2000-04 Personal Lines Pro-Rata Cancellation
- **Jurisdiction:** South Carolina
- **Kind:** Agency guidance
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** South Carolina Department of Insurance Bulletins / Bulletin 2000-04 Personal Lines Pro-Rata Cancellation

## Text

Personal Lines Pro-Rata Cancellation
(Issued upon June 8, 2000)
To: Property and Casualty Insurers
From: Ernst N. Csiszar, Director
Subject: Personal Lines Pro-Rata Cancellation
Legislation has been enacted recently that affects the Property and Casualty Industry. Act 263
was enacted on May 16, 2000 and takes effect on January 1, 2001. This bulletin is intended to
bring the provisions of that Act to the attention of insurers in South Carolina.
The contact person for this Bulletin is Nancy Hoffman, Casualty Actuary, 300 Arbor Lake Drive,
Suite 1200, Columbia, SC 29223, Phone 803-737-6230, Fax 803-737-6233, E-mail:
nhoffman@doi.sc.gov. If Ms. Hoffman is not available, ask for an employee of the Property and
Casualty Division.
The Act provides the following effective January 1, 2001:
SECTION 1. 38-39-90 (e) of the 1976 Code is amended to read:
"(e) Whenever an insurance contract is canceled, the insurer shall return whatever gross
unearned premiums are due under the insurance contract to the premium service company which
financed the premium for the account of the insured. The gross unearned premiums due on
personal lines insurance contracts financed by premium service companies must be computed on
a pro rata basis."
Please note that this applies only to personal lines insurance and to those insurance coverage
contracts financed by premium service companies.

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- [SC Insurance Bulletin 2000-04 Bulletin 2000-04 Personal Lines Pro-Rata Cancellation](https://www.frixlaw.com/law-library/statutes/SC_INS_B_2000-04.md)
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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/SC_INS_B_2000-04. Check the current official text before relying on it. Not legal advice.
