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  • Share price data on The Insurance Insider's universe of P&C (re)insurers
  • Florida homeowners' insurers led the way on share price performance in October as Federated National, United Insurance Holdings and HCI Group all saw their stocks surge by more than 15 percent, despite what some are seeing as the emergence of headwinds for underwriters in the Sunshine State.
  • Walmart is suing at least five of its insurers after they failed to pay for a portion of a settlement agreed with US actor and comedian Tracy Morgan, who was almost killed in a collision with one of its trucks
  • A defunct Chinese media firm is suing five insurers for $635mn after alleging their refusal to pay out under a directors' and officers' (D&O) policy with a $20mn limit led to hundreds of millions of dollars in adverse judgments against it
  • The London company market has shown modest growth despite a persistent soft rating environment, although question marks remain over its leading position in the specialty (re)insurance market, according to new research by the International Underwriting Association (IUA).
  • Amlin shareholders have voted overwhelmingly in favour of its proposed £3.47bn acquisition by Mitsui Sumitomo Insurance Company.
  • The level of reserves US insurance companies are holding for future asbestos losses remains a concern, AM Best has said, maintaining its prediction that the mesothelioma crisis will cost the industry a total of $85bn.
  • Standard & Poor's (S&P) has placed its B- rating on the MultiCat Mexico series 2012 Class C notes on creditwatch with negative implications after Hurricane Patricia made landfall on 23 October.
  • Catco expects to have more than $3bn of capital to deploy ahead of the 2016 renewals, said CEO Tony Belisle after the fund manager raised $88.44mn of gross proceeds from a new share issuance for its London and Bermuda-listed Reinsurance Opportunities Fund.
  • Government-backed terrorism pool the Australian Reinsurance Pool Corporation (ARPC) is planning to bring in insurance-linked securities (ILS) markets to participate on its A$3.2bn ($2.27bn) retro programme.