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Chapter Meeting
Putting the "Fun" in Guaranty Fund
The SC Property & Casualty Guaranty Fund plays a vital role in consumer protection. This presentation will provide an overview and history of Guaranty Associations and the Insolvency System and how the Guaranty Association protects consumers and adds certainty to the insurance product. We will also examine important sections of The Guaranty Act, insolvencies impacting South Carolina policyholders, and even a Guaranty Association success story.
(Filed for one hour of continuing education credit)
J. Smith "Smitty" Harrison, Jr
Smitty Harrison joined the South Carolina Wind and Hail Underwriting Association in 1993 and has been in the insurance industry since 1977. He has a Bachelor of Science in business administration, magna cum laude, from the University of South Carolina, and a master’s in insurance from Georgia State University. Harrison was an adjunct professor of insurance at the University of South Carolina for 16 years. His insurance designations include CPCU, AIM, ARM and ARe. Harrison is a past chairman of the Property Insurance Plan Service Office, as well as a past chairman of the National Conference of Insurance Guaranty Associations.