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NAIC Data: Florida Property Lawsuits Total 76% of Insurer Litigation in U.S.

Apr 14 2021 // New information from Florida’s insurance regulator paints a stark picture of the extent of litigation facing the state’s domestic insurers. The information comes as numerous stakeholders push for legislative...

U.S. Recommends Pausing Use of J&J COVID Vaccine over Rare Blood Clots

Apr 13 2021 // U.S. federal health agencies on Tuesday recommended pausing use of Johnson & Johnson’s COVID-19 vaccine for at least a few days after six women under age 50 developed rare blood clots after receiving the shot,...

U.S. Safety Agency Investigates Air Bags Made by Takata Successor Joyson

Apr 13 2021 // The U.S. National Highway Traffic Safety Administration is investigating potentially faulty air bags made by Joyson Safety Systems, the successor to defunct manufacturer Takata Corp. that is at the center of one of the...

U.S. P/C Insurers Report 2020 Underwriting Profits Despite Costs of COVID-19: Fitch

Apr 12 2021 // Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a statutory underwriting profit for the third consecutive year, with an average 99% combined...

U.S. Raises Average Number of Named Storms for Atlantic Hurricane Season

Apr 12 2021 // The U.S. National Oceanic and Atmospheric Administration (NOAA) has changed the number of storms that constitute an average Atlantic hurricane season, the agency said in a statement on Friday. NOAA’s Climate...

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