Articles by Amy O'Connor

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

Reinsurers Anticipate Gulf Coast Oil Spill Losses Will Be Major

The blame game for the recent British Petroleum oil spill along the Gulf Coast is just getting started as are the insurance implications of this disastrous event, according to underwriters and other observers. “It’s going to take several years to …

Insurance Industry Reacts to Gulf Coast Oil Spill

The blame game for the recent British Petroleum (BP) oil rig accident and subsequent oil spill is just getting started, as are the insurance implications of this disastrous event, according to underwriters and other observers. “It’s going to take several …

Insurance Industry Reacts to Gulf Coast Oil Spill

The blame game for the recent British Petroleum (BP) oil rig accident and subsequent oil spill is just getting started as are the insurance implications of this disastrous event, according to underwriters and other observers. “It’s going to take several …

Growth of Craft Beer Industry Brews Plenty of Opportunity for Insurance Professionals

Industry’s Sophistication Rises, And So Do the Risks The beer industry, like many others, has been impacted by the economy with one notable exception: craft brewers. The microbrewery, brew pub and brewery industries have actually seen sales jump in the …

St. James Insurance Group Re-Enters Commercial Lines, Appoints New SVP

St. James Insurance Group, based in Orlando, Fla., has re-entered the commercial lines business after a five year absence. The program manager has appointed Dave Stricker, former senior vice president of All Risks Ltd., to lead the new Commercial Lines …

MarketScout’s New Wholesaler Aims to Be ‘Full Service Partner’ to Agents

Online marketplace MarketScout and Glenn Hargrove, former CEO of Crump, Inc., have teamed up to launch MarketScout Wholesale (MSW), which will combine wholesale brokerage and managing general agency (MGA) services with new distribution technology. Hargrove and MarketScout say they see …

8 New Markets in Response to Current Trends

Insurance Companies Generate New Programs to Bring in Additional Premium The last few years of the soft market have forced many carriers and agencies to get creative when it comes to bringing in additional premium. This has included launching new …

Security Breach Notification Laws Reinforce Need for Cyber Insurance

With more than 40 states now enforcing privacy and security breach notification laws, underwriters are working hard to scoop up the business this niche creates, while also tweaking their policy forms to provide the broadest and most comprehensive coverage. Over …