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  • At least four tornadoes ripped through sections of San Antonio, the second-largest city in Texas by population, over the past weekend. Together with rain and hail that swept a 350-mile arc through the state, insurers are expecting losses to reach some $120mn.
  • ANV Global Services named James Pittinger to the role of underwriting director for the AmTrust-owned North American Managing General Underwriter.
  • Property title insurers had a good year in 2016, with the four largest carriers reporting an aggregate operating profit margin of 11 percent, according to Fitch Ratings.
  • The Lloyd's Market Association (LMA) has said linking data capture with the placement platform (PPL) project should be the "highest priority" for the London market reform process.
  • Investors punished Floridian carrier United Insurance Holding's greater-than-expected fourth quarter loss as its shares fell more than 9 percent in early trading in New York.
  • Axis Insurance has hired Julian Brown as a vice president and underwriter to grow its London market managing general agency (MGA) business
  • Bruce Carnegie-Brown will step down from his role as a non-executive director of JLT Group, as the next Lloyd's chairman scales back his other City commitments
  • Share price data on The Insurance Insider's universe of P&C (re)insurers
  • Authorities in California have reportedly started investigating a fire at the Torrance oil refinery in Los Angeles that came two years to the day after a previous explosion at the plant.
  • Lancashire recorded a minor dip in income from asset management platform Kinesis in 2016, but the company's chief financial officer Elaine Whelan said the unit made a stable contribution to the group's return on equity (RoE).