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(843)554-2862 Fax: 554-2856 Newsletter email: lucyunltd aol.com Lucy Peters, Editor January 2010 SCAAIA.com Look for an announcement about our Winter Retreat in next month's issue. A Note from Jack
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Auto liability insurance reporting (ALIR) is a compliance expenditure with ever-changing requirements and little return for insurers.
You need an SR-22 in South Carolina for three years. Drivers with an SR-22 in South Carolina must maintain at least the minimum car insurance coverage required by South Carolina law for three years, and if there is any lapse in coverage, the clock resets.
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An SR-22 in South Carolina is a certificate proving that a high-risk driver has the legal requirements for car insurance in South Carolina. So-called SR-22 insurance raises annual car insurance premiums by roughly $74 in South Carolina, compared to standard rates.

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ALIR SC stands for Annual Loss and Investment Return Reconciliation form. It is a regulatory filing required by insurance companies to report their loss and investment return information.
Insurance companies are required to file ALIR SC.
ALIR SC can be filled out by providing the necessary information and data as specified in the form. This includes reporting details of losses and investment returns for the relevant period.
The purpose of ALIR SC is to ensure that insurance companies accurately report their losses and investment returns. It helps regulators monitor the financial health and solvency of insurance companies.
ALIR SC requires insurance companies to report details of their losses, investment returns, and other relevant financial information as stipulated in the form.
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