Automobile Insurance Issuance

Summary

This bill, enacted as law in South Carolina, amends Section 38-77-122 to allow insurers to limit the issuance of automobile insurance policies to members of particular nonprofit member organizations, creating an exception to the general prohibition against refusing to issue policies based on certain factors. It primarily affects auto insurers and their agents, who may now offer policies exclusively to members of specific nonprofit groups. Consumers who are not members of such organizations may face restricted access to certain insurers.