All-In with Chamath, Jason, Sacks & Friedberg
Hurricane fallout, AlphaFold, Google breakup, Trump surge, VC giveback, TikTok survey
Vinod Khosla
So the state over the last several years has had to step in and effectively subsidize the insurance. And now the state reinsurance vehicle only has statutory liability maximum of $17 billion in a single hurricane season. Now, I think they got lucky with Milton today, but some were estimating that the Milton losses were gonna be in excess of 100 billion, bigger than Katrina.
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