Insurance Director Resigns amid Controversy over Health Exchange

South Carolina Insurance Director David Black is stepping down from his post amid controversy over the state's response to the federal mandate that it create a health insurance exchange, according to news reports.The Charleston Post and Courier reported on Thursday that Black informed employees at the South Carolina Insurance Department of his decision to resign by email on Wednesday.Black, the former president and CEO of Liberty Mutual Life Insurance in Greenville, S.C., was appointed to the $112,407-a-year job last January by incoming Gov. Nikki Haley. He was confirmed by the South Carol...