In what has been termed an abrupt departure, David Black announced his resignation as director of the South Carolina Department of Insurance effective Dec. 28, 2011.
The graduate of Clemson University and the University of South Carolina School of Law, and former President and CEO of Liberty Life Insurance Co., had only been appointed director last year by Republican Gov. Nikki Haley, also a graduate of Clemson.
According to sources, Black was a businessman for whom the insurance department was not a comfortable place, and he wanted to get back to his roots.
In the interim, Gwendolyn Fuller McGriff, Acting Deputy Director of Financial Services and General Counsel, will serve as Acting Director of Department until a new Director is appointed by Governor Haley.