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Former FEMA Director Witt Advocates Need for National CAT Fund
National News • January 19, 2006
James Lee Witt, former FEMA director and co-chair of ProtectingAmerica.org, told the members of the Task Force on Long-Term Solutions for Florida's Hurricane Insurance Market on Thursday that ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: CrunchMaster's spelling | CrunchMaster | Jan 23, 2006, 12:34 pm |
| RE: Ms. Neuman is WRONG | CrunchMaster | Jan 23, 2006, 12:31 pm |
| National Cat Fund | Bob M | Jan 22, 2006, 2:57 pm |
| Ms. Neuman is Right | walt hollenbeck | Jan 20, 2006, 6:38 pm |
| RE: RE: National CAT Fund | alexis neuman | Jan 20, 2006, 2:27 pm |
| CrunchMaster's spelling | Texan10 | Jan 20, 2006, 1:43 pm |
| CrunchMaster | Open Your Eyes | Jan 20, 2006, 1:24 pm |
| RE: National CAT Fund | CrunchMaster | Jan 20, 2006, 12:56 pm |
| Hey Dude | alexis neuman | Jan 20, 2006, 12:40 pm |
| Nice to be a paid flunky | heydude | Jan 19, 2006, 10:33 pm |
| Back to article | ||
Subject: RE: Ms. Neuman is WRONG
#2) Tornados have hit Michigan, and will likely continue to hit it. They usually end up costing at most a couple million dollars of insured losses. Nowhere near the damage of the typical hurricane.
#3) It does snow here in Michigan, but even in a 12 inch snowfall / blizzard insured losses are low.
#4) Wildfires don't really hit Michigan.
#5) No Mudslides hit Michigan.
#6) New Madrid is a a serious fault line but it's far away enough away from the densly populated areas of Michigan.
#7) Sounds like you are the complainer, not me. You keep complaining that people should subsidize your lifestyle because you want to live in very Cat prone areas.
How about if they do create a national cat plan, they fund it with payments from the various states based upon risk. I would be fine paying into the fund as a taxpayer, just don't ask me to pay the same amount as people who live in the cat prone areas.