Michael Hogan Biography and Net Worth

In 1972 Mr. Hogan graduated from Furman University with a Bachelors of Arts in business and economics. Mr. Hogan attended Furman University on an academic and athletic scholarship where he played golf for four years.

Mike began his insurance career in 1992 working in the personal lines and small commercial markets with Meadors-Pickens Insurance Agency. In 1977, Mike took a position with Puckett and Sosby as a commercial sales agent. Puckett and Sosby specialized in group property programs for lumber dealers and condominium associations. In 1979 Puckett and Sosby decided to open an office in Myrtle Beach, SC since they already had a growing book of business. After a brief search, the principals of Puckett and Sosby decided to give the job to Mike. Mike was given equity in the new entity which opened its doors in January of 1980 under the name of Puckett, Scheetz & Hogan Insurance Agency. Under Mike’s leadership, Puckett, Scheetz & Hogan grew to written premium of over $10,000,000 by 1989. In 1989, the principals of the Puckett Group decided to merge with the national broker, Caroon and Black. Mike decided to exercise his buy sell option and purchased the agency on September 15, 1989. On September 22, 1989 Hurricane Hugo hit Myrtle Beach leaving Puckett, Scheetz & Hogan with over 600 claims. Mike led the new company successfully through this tough time which resulted in higher premiums and increased business based on the agencies exemplary performance after a major storm. Puckett, Scheetz & Hogan continued its growth in the early 90’s.

In 1993 and 1994 Mike opened offices in Greenville, SC, Columbia, SC and Atlanta, GA. The Greenville operation was a new independent agency with his old partner, Ron Scheetz. The Columbia office was a TPA which handled the SC Merchants Association Self Insured Workers Compensation fund. The Atlanta office was an MGA which handled small business in Georgia for The Travelers Insurance Company. Over the next 13 years, these entities grew to over $125,000,000 in combined written annual premiums. During this time period Mike served on numerous boards including The Travelers National Agents Board and The South Financial Corporate Board. In January of 2008, Puckett, Scheetz & Hogan received the Best Practices Agent of the Year for agencies with revenue between $7,500,000 and $15,000,000.

In August of 2008, Mike agreed to sell Puckett, Scheetz & Hogan Insurance Agency to BB&T Insurance Services. Mike continued to manage the Myrtle Beach operation until his retirement in October of 2013. Since retirement, Mike has been actively involved in the management of The Hogan Investment Group which includes investments in broad spectrum of business. In November of 2015, Mr. Hogan joined Mr. Peed on the board of American Coastal Insurance Company as an independent director. In April of 2017, ACIC merged with UPC and Mr. Hogan now serves on their board as an in dependent director. He is currently on the Marketing and Corporate Governance Committees.