Washington Warming to National Disaster Plan Idea
National News • March 16, 2007
A proposal for a national disaster plan to backup private hurricane and flood insurance markets appears to be gaining momentum in Washington.
This week, Rep. Barney Frank, D-Mass., chairman of the ...
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Subject: National Fund from resident of south Florida
Posted On: March 18, 2007, 12:44 pm CDT
Posted By: Larry
Comment:
I think its stupid for our federal government to even think of a disaster fund. Look what a mess they made out of N.O. What we need in Florida is a better insurance commissioners and oversite of the insurance companies and their policies. Less politics and lobbyist.
The insurance business has become a pick and chose sytem . They drop coverage on
older homes of retirees simply to reduce their risk and these are the very customers that paid them for the 30 previous years without claims. If a company has no risk then what is the point of insurance?
Subject: National Fund from resident of south Florida
The insurance business has become a pick and chose sytem . They drop coverage on
older homes of retirees simply to reduce their risk and these are the very customers that paid them for the 30 previous years without claims. If a company has no risk then what is the point of insurance?