If things go south, same story as $CHEF. Sometimes we don't know, about the things that life has in the pocket for us, thus all that we can do - is take the risk & ride along.
OT: I saw this the other day, thought of your skills. https://mypositiveoutlooks.com/young-artist-sells-paintings-helping-animals/ Kid can paint can't he...
That is sick as for that age. But i am more surprised by the way that he fills the negative space. (Everything else around the character), the detail level & flowers. Another thing (like H.R Giger), hes doing only animals. That's also rare. That kido will be going places. P.s. This episode : ,,Requests for paintings of their pets have also come from abroad, and Pavel’s work has already been brought to Spain and Germany." Reminds of an artist who had his store in a town and random people would walk in & start asking for a free painting of their cat or smth (smiles/rolls eyes) I like this one :
,, Tom Shimp -- Piper Sandler -- Analyst Okay. Next question I have was just regarding guidance and weather events. I know the guidance excludes extraordinary weather, but according to my model we've had 11 quarters in a row with weather events beyond plan. So considering the headwinds in Florida regarding the litigation environment, it seems like storms that would have been more moderate size losses previously and would have been below your weather event planned threshold seem to be coming significantly above that threshold, the past couple of years. So my question just how is management viewing that in the context of the guidance with the worsening severity of those weather losses and the frequency and how does that relate to guidance and how you're thinking about pricing adequacy. Stephen J. Donaghy -- Chief Executive Officer Yeah, I think we look at that and we again, we don't have a crystal ball nor does the market on whether we have built the infrastructure of our company along with our litigation team to be unique within the Florida market relative to the strength that we provide to our insureds and to our shareholders. So it would be a challenge for us to begin estimating what we think could happen even though we are preparing for all of that within our estimates as best possible. So as that weather comes, we will announce if there is an impact and if the weather comes we'll announce how we handle it as we've done in the past. Frank Wilcox -- Chief Financial Officer and Principal Accounting Officer And Tom, just to follow on just to point now, if you were to look at the guidance that we offered last year, which is our core earnings guidance and that's what we intend to do is to provide guidance on our core earnings and deal with weather as it comes, if you were to look back at the actual results for 2020 and adjust for the weather that we report separately, you'll find that the results are right in line with the guidance that we provided. So we believe that going forward that's the best baseline to deal with and as we progress through the years, and to the extent that we incur weather we layer that into future guidance. Tom Shimp -- Piper Sandler -- Analyst Okay. Next question, just regarding growth versus capital we've, we've got a decent amount of growth coming in. I mean a lot of that is price increases, but we're also seeing some growth in Florida, a lot of the Florida insurers are shedding policies sending them off to citizens, given the litigation environment. So I just want to get your thoughts there and and how you're thinking about growth relative to capital requirements and how you fit in and what's going on in Florida right now. Stephen J. Donaghy -- Chief Executive Officer Yeah Tom, this is Steve. We, at the end of a 2019 we put an additional controls, both for reserves, which we demonstrated in when we put up additional reserves throughout 2020 along with a focus on capital deployment. So as we sit here today, we will continue to enhance those controls. But we also feel like we've got a very good handle on our capital, our deployment of that and we have taken underwriting steps in late 2019 relative to Tri-County. We've not been writing business there. We did disburse business across Florida quite nicely in 2020 and road in lot of markets where many of our agents felt our rates were too high. But as the market hardened we became a viable contender in many of those spots. We do not see with the way the market is right now being wide open in Florida in 2021 for a whole host of reasons, one of them being adverse selection, if you're the only game in town, it's not a very good place to be within the insurance business. So we're going to be somewhat more conservative in 2021. Tom Shimp -- Piper Sandler -- Analyst Okay and then just building off of that it's, I think there was a press release earlier in the month about using some of the offerings by various, hopefully, I think they offer some data to help policy selection, is there any color you can give us there and how you're thinking about deploying that. Stephen J. Donaghy -- Chief Executive Officer Yeah. I appreciate you following up on that Tom. We are data driven. So you know when we talk about reinsurance, we talk about it all year long. We've got all the models in-house run by our own staff, and as we look across the underwriting spectrum, we constantly look for better data so that our underwriting at point of sale becomes more informed and we are better to control what comes into our underwriting spectrum, so to say. So many of the policies that we write and have written, of course, all the policies are underwritten by our own associates. But we feel good about the data and have enhanced that data to get better, better roof geometries, better home, year build etc. etc. So Verisk seems to be a great partner for us and we're quite excited about the relationship. Tom Shimp -- Piper Sandler -- Analyst Great, and then just last question, I was just hoping just get an update on the Florida operating environment in general. I'm sure you see the same as maybe in various articles and journals that some people are alluding to that AOB reform just wasn't the the big help that everyone was hoping for and litigation environment either. Is it the same or even possibly worse thing for some guys. So, and then the issues around Tri-County or spreading throughout the state. So just in general, can you guys, can you give us an update on what your thoughts on what's going on down Florida right now. Stephen J. Donaghy -- Chief Executive Officer Yeah, Tom, our thoughts are that we are very fortunate to build a company where all of the things that we do ourselves as much as possible. And if you look back, we started fast track in 2016 by trying to do all of our own adjusting that has a benefit today where when a case is filed against us for whatever reason we've got better content to defend that case in court so that our own adjusters are more inclined whether they favor that or we force them to, to take additional photos, make sure the file is complete and provide our litigators and ability to defend the case we were, so that's in Q4 and in Q1, while the courts were open and even successful in an appellate decision relative to fees paid out on a case to the other side. So we're doing everything we can to represent our shareholders, our associates to do the best job in an environment that is you know is unpredictable and our subrogation team had a tremendous year last year in light of the court systems not being open and those same adjusters when they get to a claim in a condominium or wherever are trained and how to diagnose where the leak may have started, whether it was in our unit that we have a policy on or a neighboring unit that could be two, three, six stories above above ours, so again we're trying to do everything we can to manage an unruly business as best possible and without getting into specifics, I would say, you know, the Florida market is hard, there's tremendous rumors which I try and avoid because they're normally not worth listening to, but I think the market is hard. Unfortunately, many of my peers are forced to deal with a lot of things that we have not had to deal with due to our structure, our subsidiaries generating profit and being able to kind of self fund our own operations. So it's kind of a long-winded answer and I apologize, but there are few points in there that I think are relevant, but we all know the state of Florida and the one way of litigation fees are really the symptom that needs cured at this point. And hopefully, the department and the legislature are doing everything they can to help Floridians because it's only going to continue to come out in the form of rate. Tom Shimp -- Piper Sandler -- Analyst So yeah, I mean, just one last question to what you just brought up, what are you hearing in regards to putting pressure on the politicians, the government down there to to look at meaningful reforms to your point to do what needs to be done to help the the policyholders done in Florida. Stephen J. Donaghy -- Chief Executive Officer Yeah. I think if you look back, Tom, we've always had things to deal with, whether it was sinkholes, AOB is referred and and I guess with the legislature in the department great points for the AOB legislation, it has been effective in forwarding some of the unsavory players across the state. And I think that has somewhat diminished the ability for first-party litigation to grow at the rate they were, they continue to grow and I think a lot of what you're seeing in case collide and other areas, but the court systems being closed. You can't dismiss a case that shouldn't even be contemplated. So they are beginning to reopen. We feel good about that and the same thing is true on the subrogation side to the courts were closed quite a bit in 2020. So as we can get back to pressuring people to defend our case, we feel good about that going forward as well. But I do think the ledger, to be more specific, the legislature has a lot of build with their contemplating right now. Some of them are stronger or weaker. They've got a lot of constituents. They have to satisfy as an insurance carrier. We're doing our best to make sure that our case is represented as best possible, but it is, it is a complex business. And I know that they have a lot on their minds as they contemplate the reform that we hope they they passed. Tom Shimp -- Piper Sandler -- Analyst Okay. I appreciate all your answers. Thank you. Stephen J. Donaghy -- Chief Executive Officer Yeah, thanks Tom. " Source : https://www.fool.com/earnings/call-...hoo-host&utm_medium=feed&utm_campaign=article