Milton rapidly intensified to a Category 5 hurricane late Monday morning.

Within hours, Milton strengthened to a Category 2, then a Category 3, then a Category 4 and finally a Category 5.

Milton now ranks as the third-greatest 24-hour wind speed intensification for a hurricane in the Atlantic Basin. (Records are based on data since the satellite era began in the 1960s.)

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[–] 27 points 2 years ago (5 children)

They're actually required to give 85% of everything back, so they give back most of it. It seems like Florida is becoming too much of a hassle to insure, though. Some companies have pulled out of florida.

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  • [–] 37 points 2 years ago (2 children)

    Everyone in FL should have pulled out.

    This joke works on multiple levels and I'm happy about that.

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  • [–] 2 points 2 years ago (1 child)

    Does that 85% include their costs or is that the full amount returned to policy holders?

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  • [–] 3 points 2 years ago

    Full amount that is legally required to pay back out in insurer coverage every year. The other 15% covers pay roll, rent, buildings, bonus', overhead, etc. Literally everything else. Same deal for medical insurance.

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