No. of Recommendations: 1
barrons.com - Berkshire florida hurricanessub required
"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."
