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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: longtimebrk ⎊  😊 😞
Number: of 15062 
Subject: Hurricane Risk
Date: 08/31/2023 6:55 AM
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https://www.barrons.com/articles/berkshire-florida...

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"So far, things are looking up for the Warren Buffett company. Hurricane Idalia made landfall Wednesday as a powerful Category 3 storm, but weakened to a Category 1 hurricane as it made its way across Florida toward Georgia.

The average insured losses for Hurricane Idalia were projected to be $9.36 billion, wrote UBS analyst Brian Meredith in a Tuesday note, citing preliminary estimates from RMS, a catastrophe risk modeling firm under Moody's. That would be a fraction of the $112 billion damage Hurricane Ian inflicted when it struck the state last year."

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