S.C. Code Regs. 67-805
S.C. Code Regs. 67-805. Third Party Settlements
A. The distribution of third party settlement proceeds must be filed with the Commission unless otherwise directed by a court of competent jurisdiction.
B. File the settlement documents with the Claims Department.
C. If the parties agree, third party settlements less than two thousand five hundred dollars do not need to be filed with the Commission.
D. If the claimant is not represented by an attorney, the third party settlement must be approved at an informal conference according to R.67-803B(1).