[COLUMBIA, S.C. January 30, 2017] – Collins & Lacy, P.C. is pleased to announce Ashley Kirkham has been chosen as a 2017 South Carolina Leadership in Law Award honoree. She will receive the award on March 24, 2017 at a special dinner for all honorees, held in Charleston, SC. South Carolina Lawyers Weekly gives the… Continue Reading
Archives for January 2017
SPECIAL REPORT: Reservation of Rights
Insurer’s failure to advise policyholder of its interest in allocated damages results in coverage for general verdict. The South Carolina Supreme Court has concluded that: (1) an insurance company’s reservation of rights letter was insufficient and the insured had therefore waived its coverage defenses; (2) even if the reservation of rights had been effective, the… Continue Reading
Another Year, a Higher Maximum Compensation Rate
We generally are pleased with the economy when it grows and income rises. Last year was no different. While income increased on average only a small percentage, our maximum compensation rate, which is tied to the state’s average income, rose with it. The 2017 maximum compensation rate is $806.92. It is equal to the average weekly… Continue Reading