The limit on the reinsurance Citizens will look to buy from the private markets will stretch to $14.35bn, up 2% on prior-year coverage.

November premiums were up for all three of the top E&S states, with Florida posting the largest percentage increase at 21.8% YoY.

The Senate Budget Committee, chaired by Democratic Senator Sheldon Whitehouse, is seeking information on plans to address increased underwriting losses from extreme weather events.

A quick roundup of this week’s biggest stories.

Insider US’s morning summary of the key stories to get you up to speed fast.

Cedeño Camacho will expand his insurance carrier holdings to North America.

Insider US’s morning summary of the key stories to get you up to speed fast.

The office also said it has approved the assumption of 650,399 policies from Florida Citizens so far this year, a more than 800% increase from the previous year.

The Floridian was approved for 75,000 policies, made 72,958 offers and assumed 53,750 policies – a 74% acceptance rate.

The rating reflects Orange's low underwriting leverage and significant surplus relative to projected premiums written

The bill would spur development of a crop insurance policy to cover losses caused by cold exposure and freezes.

The Inside P&C news team runs you through the earnings results for the day.