National News
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Bipartisan Flood Insurance 'Modernization' Bill Boosts Borrowing, Maximum Limits
National News • March 27, 2007
U.S. Reps. Judy Biggert, R-Ill., and Barney Frank, D-Mass., introduced bipartisan legislation to revamp the National Flood Insurance Program that boosts the program's borrowing authority to $21.5 ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: appraisals | Evan | Apr 2, 2007, 11:07 am |
| appraisals | LL | Mar 30, 2007, 7:58 pm |
| RE: RE: Higher Benefits won't Help - if | Evan | Mar 30, 2007, 7:50 am |
| RE: Higher Benefits won't Help - if | adjusterjoe | Mar 29, 2007, 4:37 pm |
| Higher Benefits won't Help - if | dh | Mar 29, 2007, 3:55 pm |
| Thank you | adjusterjoe | Mar 29, 2007, 8:24 am |
| no appraisal needed | LL | Mar 28, 2007, 10:29 pm |
| RE: RE: RE: RE: Back to the Original Subject | adjusterjoe | Mar 28, 2007, 2:13 pm |
| RE: RE: RE: Back to the Original Subject | KAT | Mar 28, 2007, 1:58 pm |
| RE: RE: Back to the Original Subject | adjusterjoe | Mar 28, 2007, 1:39 pm |
| RE: Back to the Original Subject | KAT | Mar 28, 2007, 1:28 pm |
| RE: second home owners again take a beating! | adjusterjoe | Mar 28, 2007, 1:14 pm |
| Back to the Original Subject | adjusterjoe | Mar 28, 2007, 11:07 am |
| RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Extremely Ba | adjusterjoe | Mar 28, 2007, 11:04 am |
| RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Extremely Bad Id | Linda | Mar 28, 2007, 10:57 am |
| RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Extremely Bad Idea | adjusterjoe | Mar 28, 2007, 10:40 am |
| RE: RE: RE: RE: RE: RE: RE: RE: RE: Extremely Bad Idea | Linda | Mar 28, 2007, 10:24 am |
| RE: RE: RE: RE: RE: RE: RE: RE: RE: Extremely Bad Idea | adjusterjoe | Mar 28, 2007, 10:15 am |
| RE: RE: RE: RE: RE: RE: RE: RE: Extremely Bad Idea | adjusterjoe | Mar 28, 2007, 10:12 am |
| RE: RE: RE: RE: RE: RE: RE: Extremely Bad Idea | Linda | Mar 28, 2007, 9:59 am |
| Let us examine | adjusterjoe | Mar 28, 2007, 9:24 am |
| RE: RE: RE: RE: RE: RE: Extremely Bad Idea | djusterjoe | Mar 28, 2007, 8:59 am |
| RE: RE: RE: RE: RE: RE: Extremely Bad Idea | adjusterjoe | Mar 28, 2007, 8:51 am |
| RE: RE: RE: RE: RE: Extremely Bad Idea | Linda | Mar 28, 2007, 8:51 am |
| RE: RE: RE: RE: Extremely Bad Idea | adjusterjoe | Mar 28, 2007, 8:45 am |
| RE: RE: RE: RE: RE: Extremely Bad Idea | DH | Mar 28, 2007, 8:42 am |
| RE: RE: RE: Extremely Bad Idea | ML | Mar 28, 2007, 8:39 am |
| RE: RE: RE: RE: Extremely Bad Idea | adjusterjoe | Mar 28, 2007, 8:35 am |
| RE: RE: RE: Extremely Bad Idea | Linda | Mar 28, 2007, 8:11 am |
| RE: Annual Report... | adjusterjoe | Mar 28, 2007, 7:43 am |
| Annual Report... | DDT | Mar 28, 2007, 7:09 am |
| RE: RE: Extremely Bad Idea | adjusterjoe | Mar 27, 2007, 5:12 pm |
| RE: Premiums | adjusterjoe | Mar 27, 2007, 4:55 pm |
| Premiums | Andrew | Mar 27, 2007, 4:45 pm |
| RE: RE: Extremely Bad Idea | adjusterjoe | Mar 27, 2007, 4:02 pm |
| stricter building codes needed | Mike | Mar 27, 2007, 3:58 pm |
| second home owners again take a beating! | don Hester | Mar 27, 2007, 3:54 pm |
| RE: Extremely Bad Idea | Linda | Mar 27, 2007, 3:15 pm |
| RE: Extremely Bad Idea | Nan | Mar 27, 2007, 3:09 pm |
| Extremely Bad Idea | adjusterjoe | Mar 27, 2007, 2:47 pm |
| RE: flood losses | Linda | Mar 27, 2007, 1:51 pm |
| flood losses | Nan | Mar 27, 2007, 1:12 pm |
| RE: skeptical | Nan | Mar 27, 2007, 1:06 pm |
| skeptical | Compman | Mar 27, 2007, 12:33 pm |
| Back to article | ||
Subject: Let us examine
1. Insurance is based upon statistical data.
2. Insurance is designed to "spread" or disburse the risk over a geographic area as well as over social and economic areas.
Now let us examine flood insurance.
1. Flood insurance is written in an area where flood is iminent, therefore by design and practivcal application, it meets neither of the criteria noted above with insurance, therefore, it is not in a true sense insurance, but governemt welfare. Now, why is it wrong to oppose the escalation of government welfare programs.