Governor to Sign Coastal Insurance Legislation

GOVERNOR WILL TRAVEL TO CHARLESTON, MYRTLE BEACH TO SIGN LEGISLATION AIMED AT ALLEVIATING INSURANCE COSTS

Columbia, S.C. - June 8, 2007 - Gov. Mark Sanford will travel to Charleston and Myrtle Beach this Monday (June 11, 2007) to sign newly passed legislation aimed at alleviating insurance costs for coastal homeowners. The legislation creates incentives for insurers to do business in South Carolina, and creates tax credits for people who make their homes more storm resistant or choose to self-insure. The bill signings will take place at the following times and locations:

Charleston - 10:30 a.m.

Lowe's Home Improvement, 1104 Market Center Blvd, Mt Pleasant

Myrtle Beach - 12:30 p.m.

Myrtle Beach Chamber of Commerce, 1200 North Oak Street, Myrtle Beach