Articles by Amy O'Connor

O'Connor is the Southeast editor for Insurance Journal and associate editor of MyNewMarkets.com.

West Virginia Workers’ Comp Rates to Decrease Nov. 1

Workers’ compensation rates will soon be less expensive for businesses in West Virginia. According to West Virginia Insurance Commissioner Allan McVey, a filing for a 13 percent decrease in voluntary market loss costs by the National Council on Compensation Insurance …

Commitment to Company Culture

For the founders of Tampa, Fla.-based BKS- Partners, being nominated as Insurance Journal’s Best Agency to Work For by their employees is not only an “incredible honor” but also motivation to keep improving. “It’s such an incredible honor because to …

Florence Impact on Insurers Tempered by Mostly Uninsured Flood Losses

Insurance industry losses from Hurricane Florence, which hit the Carolinas mid-September as a Category 1 storm, will be manageable and not have a severe impact on insurers, according to experts. As the storm turned out to be less of a …

Florence Impact on Insurers Tempered by Mostly Uninsured Flood Losses

Insurance industry losses from Hurricane Florence, which hit the Carolinas mid-September as a Category 1 storm, will be manageable and not have a severe impact on insurers, according to experts. As the storm turned out to be less of a …

19% Workers’ Comp Rate Decrease Proposed for Tennessee

The National Council on Compensation Insurance (NCCI) has filed for a 19.1 percent decrease for workers’ compensation voluntary market loss costs in Tennessee – the largest recommended decrease since reforms to the state’s workers’ compensation system were passed in 2013. …

Florida Workers’ Comp Rates Going Down Again, But Future Challenges Remain

Florida businesses could see another significant rate decrease in workers’ compensation rates next year if Florida regulators approve the latest filing from the National Council on Compensation Insurance (NCCI). But the trend of lower rates may not last for long …

Hurricane Florence Hits Close to Home for North Carolina-Based Broker AmWINS

For North Carolina-headquartered global insurance broker AmWINS Group Inc., Hurricane Florence isn’t just a storm that will affect insureds – many of its own employees and agents are also directly in the storm’s path. With 385 employees between Charlotte, Burlington, …

Wind, Storm Surge Losses from Florence Could Reach $5B; Top 10 Insurers Affected in Carolinas

Hurricane Florence was downgraded to a Category 1 storm Thursday night, but it is still a major storm that will have a significant impact on North and South Carolina and cause considerable damage to the region. According to a “Hazard …

North, South Carolina Insurance Chiefs Ready for Hurricane Florence

Hurricane Florence could be one of the largest storms to hit the Carolinas in decades and state insurance officials say they are ready for whatever it will bring to their regions. In interviews with Insurance Journal on Tuesday, South Carolina …

South Carolina to Hold Info Session on New Insurance Data Security Law

The South Carolina Department of Insurance will hold an information session Monday, Sept. 10, on the South Carolina Insurance Data Security Act for state insurance licensees. According to a media release, it will address the legal, regulatory and compliance issues …