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The cost of doing business... white paper, black ink... and GREEN money. Sounds like a been counter issue... wonder if they have a slug of bad business and they are trying to dump the risk?
No telling, neither the bulletin or article name names. It could simply be a bad actor who is a bad actor everywhere.
Reading the bulletin, I do agree with SCAgent83, it does appear it was just one or two companies and not the industry. That said, there are companies that aren't in SC, so I wonder if this is part of it?