Articles by Amy O'Connor

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

New National Parks’ Insurance Requirements Ignite Controversy

A National Parks Service (NPS) decision to hike their required insurance liability limits by 1,000 percent has some outfitters and guides, as well as their insurance providers, navigating the halls of Congress. The battle began because of an NPS increase …

Court Orders Rehabilitation for Home Value Insurance Co.

Home Value Insurance Co. was ordered into rehabilitation by an Ohio court on Aug. 31, 2012, and has been prohibited from selling insurance in the state due to its failure to maintain minimum capital and surplus. The insurer, which originally …

New National Parks’ Insurance Requirements Ignite Controversy

A National Parks Service (NPS) decision to hike their required insurance liability limits by 1,000 percent has some outfitters and guides, as well as their insurance providers, navigating the halls of Congress. The battle began because of an NPS increase …

Hard Market Generates New E&O Challenges for Insurance Agents

The soft market has made the job of insurance agents very difficult the last few years. Competition has been extremely fierce, and premiums so low that agents have had to fight for business and write more accounts just to maintain …

Markel FirstComp Unveils New Name, New Agent Portal

Markel and FirstComp have announced a new brand – Markel FirstComp – and a new independent agent portal. Founded in 1997, FirstComp was the small business workers’ compensation insurance arm of Aspen Holdings. It focuses on small to medium-sized main …

Insurers Warn Restaurants on Exposures that Could Interrupt Recovery

The restaurant industry has endured a difficult few years and while some establishments didn’t survive the economic storm, those that did are anxious to see their business grow again. They may not have to wait too long. The National Restaurant …

Some South Central Agencies See Potential in Dynamic Health, Benefits Market

The South Central region of the country, particularly Texas, has been a hotbed of activity when it comes to mergers and acquisitions of smaller health and benefit agencies. The reason, according to agencies in the region, is because of the …

Facebook Fiasco Disrupting IPO Insurance Market

The Facebook initial public offering (IPO) fallout has started and its effects are being felt in the area of directors and officers insurance coverage for future social media IPOs. “D&O underwriters will view social media IPOs differently than other IPOs …

Some P/C Agencies See Potential in Dynamic Health, Benefits Market

Alignment of Resources Essential for Success The South Central region of the country, particularly Texas, has been a hotbed of activity when it comes to mergers and acquisitions of smaller health and benefit agencies. The reason, according to agencies in …

Facebook Fiasco, ‘Blank Check’ Companies Disrupt IPO Insurance Market

The Facebook initial public offering (IPO) fallout is just getting started, but its effects are already being felt in the insurance community when it comes to covering directors and officers for future social media IPOs. “D&O underwriters will view social …