The director may in its discretion, after reviewing all information pertaining to the applicant or policyholder available from its records, the records of the department, or from other sources: (1) refuse to assign an application; (2) approve the rejection of an application by an insurance carrier; (3) approve the cancellation of a policy of motor vehicle liability, physical damage, and medical payments insurance by an insurance carrier; or (4) refuse to approve the renewal or the reassignment of an expiring policy. HISTORY: 1997 Act No. 154, Section 21(A).
South Carolina Legal Code