Subject: farmers insurance and Berkshire H
well.... just got a call from my Farmers insuarance who tell me that they are withdrawing coverage over 1m dollars as policies renew. This includes Berkshire Guaranatee ? when I asked about berkshire hathaway. As I enquired further she said they are withdrawing all of Texas as most other southern states..... due to climate risks and resulting vlaims ... anyone else getting these calls ? she also said other insureres will be withdrawing as well.....

I believe BH withdrew already from much of Florida, and Geico too...but this is now multi state according to the call I literally just received. How is this going to affect BH ? ( and others) Float is very valuable and seems to me a lot of float just disappeared, with all the ripple effects that entails...