There is a theme in all the things about insurance I have been learning. For some reason, whatever reason. Orleans Parish is getting the brunt of these cancellations. Why isn’t Jefferson Parish, also protected by the same shoddy levees being blackballed like Orleans.

Why are the few insurers left refusing to give a quote if the home received “any” amount of flooding. What does flooding have to do with hazzard?

The insurance thing is lunacy and if it makes me have to move to Houston I will be suicidal like the rest of this fucking town.

If y’all want to know more about flood insurance, here’s the NFIP. If your county chooses to join, and your property has one of the degrees of flooding potential, your mortgage company will require you to get flood insurance through the NFIP. This damage potential can involve river flooding, ocean flooding, reservoirs overflowing, dams collapsing, water table rising causes sewage to flood out of your toilet, …

My homeowner insurance was $400/yr, my flood was $600/yr. I think I had the priveledge of funding the rebuilding of hurricane coastal mansions.

http://www.fema.gov/business/nfip/

(Katymine’s problem was that the direct link off the CSPAN page is a javascript.)

It is a free country, you may start an insurance company to cover whomever you want. Think there is a vast underserved population in LA? You should jump up and found NOLAssure Inc. to sell insurance. You are completely free to do so. No one is stopping you. I have a very strong suspicion that when you run the numbers you will decide to run for the hills, or at least slightly higher financial ground. Then you will understand exactly why these companies behave the way they do. They are accountants and mathematicians; a special breed of geek, you give them credit for far more evil than makes sense and you give the government far more credit for rational oversight than you are ever going to get.

This is just like health insurance. Make it a single payer system and you can b___ all you want to your congressperson to fix it. Short of that, you are free to compete and speak all you want with a business plan of your own.

As to “What’s going to stop them?” What are you talking about? Stop them from what? At some point they will run out of customers and will have to return to insuring higher risk groups to have any income growth. That’s the way this works. I for one welcome not footing the bill for people who insist on living in harms way. I have no problem helping people back onto their feet after a disaster, but repeated stupidity in city planning SHOULD be penalized. If the government doesn’t have the willpower then the private sector will kick in. If the government had the willpower the last thirty years to make better planning decisions we wouldn’t have to complain right now about satanist insurance companies.

Who are the biggest / worst TERRORISTS on the planet ??

some guy wearing a turban sitting in a cave somewhere or a bunch of greedy evil people wearing suits and ties ??

i know who i will be aiming at when the time comes.