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The first named storm of 2018 has killed at least two people amid heavy rain.
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The National Hurricane Center has warned of flash flooding due to heavy rainfall in the Florida Panhandle and Alabama.
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An appeals panel returns case to trial court citing error on California law.
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Nearly 100 more hurricane-related fraud investigations remain under way.
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The two vehicles will provide cover for named US storms and earthquakes as well as European windstorms.
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Thunderstorms and hail were the main causes of the damage, the modelling agency said.
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The state reinsurer is considering lowering the attachment point on its programme.
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Two wind and hail storms in Texas and neighbouring US states accounted for 60 percent of the losses.
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The sector’s investment gains came at the same time cat losses caused a decline in net income.
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The January storm caused group-wide losses of more than $70mn.
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The AmTrust affiliate narrowly misses estimates as profit falls 26 percent.
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Pre-tax profits at the insurer fall due to higher winter weather costs.
