Articles by Amy O'Connor

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

Calculating Business Interruption Losses

Insurance broker Beecher Carlson has launched a cloud-based application called CyberSelect BI Vision to help educate policyholders on their exposure to business interruption losses from cyber risk. The app is a cyber business interruption calculator that helps companies analyze and …

Florida Commissioner McCarty Warns Against U.S. Adopting ‘Bank-Like’ Regulation for Insurance

Florida Insurance Commissioner Kevin McCarty championed flexible state insurance regulation and warned against “one-size-fits-all” bank-like regulation for insurers in recent testimony before the U.S. Senate and House of Representatives in Washington, D.C., on both domestic and international insurance issues. McCarty …

Tennessee Supreme Court Rules on Employee Reporting of Misconduct

The Tennessee Supreme Court has ruled that an employee must report an employer’s wrongful activity to someone other than the wrongdoer in order to qualify as a whistleblower. The court affirmed the dismissal of a whistleblower claim by Charles Haynes, …

South Carolina Jumps Aboard Workers’ Compensation Alternative Bandwagon

A South Carolina lawmaker has introduced workers’ compensation option legislation that would allow qualified businesses in the state to offer their own injury benefit plan to employees. The state is the second one this year, after Tennessee, to introduce workers’ …

South Carolina Jumps Aboard Workers’ Comp Alternative Bandwagon

A South Carolina lawmaker has introduced workers’ compensation option legislation that would allow qualified businesses in the state to offer their own injury benefit plan to employees. The state is the second one this year, after Tennessee, to introduce workers’ …

Beecher Carlson Releases Cyber Business Interruption Calculator

Insurance broker Beecher Carlson has launched a cloud-based application service called CyberSelect BI Vision to help educate policyholders on their exposure to business interruption losses from cyber risk. The app is a cyber business interruption calculator that companies can use …

Florida Governor Vetoes Changes to Citizens Depopulation Program

Florida Gov. Rick Scott has vetoed legislation that would modify Citizens Property Insurance Corp.’s depopulation program enacted to lower the state-created insurer of last resort’s policy count and reduce its exposure in the state. In his June 2 veto letter …

Tennessee Workers Comp Opt-Out Legislation Revised, Ready for Next Session

Legislation seeking to provide Tennessee employers with an option to the current workers’ compensation system has been amended and deferred to the next legislative session. State Sen. Mark Green, who authored the Senate version, SB721, anticipates it will eventually pass. …

Florida Will Not Appeal Decision Favoring Deloitte in Poe Financial Collapse

The Florida Department of Financial Services (DFS) will not appeal the recent jury decision that found Deloitte & Touche not liable in the insolvency of Tampa-based Poe Financial Group following the unprecedented series of hurricanes in 2004 and 2005. In …

Brokers, Insurers Ready to Tackle Small Business Market

There is a shift happening in the small business segment and the insurance industry is aware and ready for it. The small businesses that survived the recession are different now, say underwriters. They have had to invest in new technology, …