The storm surge, which was so feared, didn’t happen because it [the storm] went a little south,
The storms you now get grow into monster extreme weather events rather quickly,
The tornadoes … were really kind of supercharged compared to the typical tornadoes you see in a hurricane environment,
Some people don’t have time to prepare, and then they just cause more damage,
I’m sure there are people in Florida thinking, ‘This is it, I’m moving’, and people that have been considering moving to Florida thinking, ‘No, I’m not going to go, there’s just too many hurricanes’,
I don’t know of any offices that have been affected so badly they’re not operational, I think the only thing they’re looking at right now is power, the actual buildings are OK,
A lot of people are being displaced, maybe their homes are damaged, they can’t get back to them, and along the coast some of them have been swept away,
A $225-$250bn loss from Helene and another $160-180bn from Hurricane Milton is close to almost half a trillion dollars. The GDP of the US is $26tn, so this combined loss is nearly 2% [of that],
Just when you started getting a little bit of normalcy after Helene, when things started to maybe stabilize, you turned around and had to deal with this other menacing storm, Hurricane Milton,
That’s one good thing about Florida, we’ve been here before. We kind of operate on the unprecedented, we’re resilient, we will bounce back,
That may wipe out all expected growth in the economy over that period,
When the needle gets moved it’s going to be from an event, or set of events like we’ve just had,
In the places where people were relying on insurers that experienced financial distress, we see that insurance companies were not paying out claims or were not paying enough,
We’re in an environment of ever-increasing risk,
We have some high-risk people who are low-income and would benefit from a flat fee,
If it rains at your home, it could flood at your home,
Wind damage is covered typically by your standard home insurance policy, whereas flood in general is excluded,
We're now in the period where you have fatalities that are preventable,
I ain't going to say we're homeless,
Sitting in that cold, nasty water was kind of bad,