Articles by Amy O'Connor

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

Chairman of Florida Citizens Board Gardner Resigns, Aubuchon Appointed Interim Chair

Christopher Gardner, chairman of the Board of Governors of Citizens Property Insurance Corp., Florida’s insurer of last resort, has resigned. Gary Aubuchon, formerly vice chair, has been appointed as interim chair by Florida Chief Financial Officer Jimmy Patronis. Gardner notified …

Chaney to Seek Fourth Term as Mississippi Insurance Chief

Mississippi Insurance Commissioner Mike Chaney has announced he will run for re-election for a fourth term in 2019. The 74-year-old Chaney made his announcement Aug. 1 at the Nashoba County Fair in Philadelphia, Miss., and a spokeswoman from the Mississippi …

New Florida Insurtech Agency HoneyQuote Looks to Shake-Up Agency Model

A new insurtech agency has entered the Florida homeowners market space with a rating engine offering quotes from multiple domestic carriers and the ability to purchase coverage in one transaction. HoneyQuote.com, launching next month, was created by Franklyn Taveras and …

West Virginia to Eliminate Workers’ Compensation Defense Division

The West Virginia Attorney General’s Office is eliminating its Division of Employment Programs and Workers’ Compensation Defense, resulting in the loss of 10 jobs. The Charleston Gazette-Mail reports the division shut down Aug. 6 in response to the state Insurance …

$3.7M Recovered for Georgia Policyholders in First Half of 2018

Georgia Department of Insurance responded to 5,859 consumer complaints and inquiries, returning more than $3.7 million in insurance claim payouts to many of these policyholders, in the first six months of 2018, according to a statement from GADOI. The money …

Security First Enters Florida’s Growing Private Flood Market

A new carrier has entered the Florida flood insurance market with a policy it says will provide better coverage than what is available from the National Flood Insurance Program. Ormond Beach, Fla.-based Security First Insurance Co. has launched an optional …

Chaney to Seek Fourth Term as Mississippi Insurance Commissioner

Mississippi Insurance Commissioner Mike Chaney has announced he will run for re-election for a fourth term in 2019. Multiple media outlets reported 74-year-old Chaney’s announcement Wednesday, made at the Nashoba County Fair in Philadelphia, Miss., and a spokeswoman from the …

Security First Insurance Co. Enters Florida’s Growing Private Flood Market

A new carrier has entered the Florida flood insurance market with a policy it says will provide better coverage than what is available from the National Flood Insurance Program. Ormond Beach, Fla.-based Security First Insurance Co. has launched an optional …

Ratings Agency Ignites Controversy Over Financial Strength of Florida Insurers

With Florida about to enter peak hurricane season, a state insurance association representing 15 insurers in Florida is hitting back against a recent report from ratings agency Weiss Ratings that identified 10 Florida-based insurers as “weak.” The insurer trade group, …

How the Florida Insurance Industry Hopes to Rein In AOB Crisis

“I think the number one thing the insurance industry can do is link AOB (assignment of benefits) to the impact that it’s having on the individual consumer and the huge impact it’s having on the premiums that the consumer’s paying,” …