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Flood Insurance Reform Stalls in Congress

National News • August 28, 2007
Despite promising changes, Congress has shown little enthusiasm for taking the unpopular steps that experts say are necessary to fix the nation's main flood insurance program. Recent flooding in ...

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Subject: Beach Front Properties

Posted On: August 28, 2007, 1:09 pm CDT
Posted By: Bob
Comment:
It seems fair that those willing to live in areas prone to flooding should be willing to pay more for the increased risk. Just as those who live in areas continullay threatened by wild fires, tornadoes, hurricanes, etc. should pay for the increased exposure.

Whatever happened to rates based on exposures? Actuaries still are around, aren't they? If the higher cost of insurance (and realistically - - is an increase of 15% on $400 going to break anyone?) cannot be handled by the person living in the area subject to the higher risk event, that person should just move to a place they can afford.

If you cannot afford something, don't buy it! Duh.
Subject Posted By Posted On
RE: RE: RE: Mid-west Flooding & Non-SFHAs -PRP Policies RAL
Sep 4, 2007, 3:27 pm
RE: RE: Mid-west Flooding & Non-SFHAs -PRP Policies Mark
Sep 4, 2007, 11:27 am
RE: RE: Himself rash? Toilet? Ashamed? Unthinking? Gill Fin
Sep 4, 2007, 3:42 am
RE: Mid-west Flooding & Non-SFHAs -PRP Policies Midwesterner
Aug 29, 2007, 12:49 pm
RE: Mid-west Flooding & Non-SFHAs -PRP Policies RAL
Aug 29, 2007, 9:32 am
Mid-west Flooding & Non-SFHAs -PRP Policies Fla. Agent
Aug 29, 2007, 9:26 am
RE: Himself rash? Toilet? Ashamed? Unthinking? RAL
Aug 29, 2007, 8:52 am
Himself rash? Toilet? Ashamed? Unthinking? Gill Fin
Aug 29, 2007, 12:58 am
RE: RE: RE: Flood issues RAL
Aug 28, 2007, 2:45 pm
RE: Congress will do nothing himself
Aug 28, 2007, 2:12 pm
Congress will do nothing Key West agent
Aug 28, 2007, 2:05 pm
RE: RE: RE: Beach Front Properties Retro Man
Aug 28, 2007, 2:01 pm
RE: RE: Beach Front Properties Bob
Aug 28, 2007, 1:54 pm
RE: Congress Do Something? Stealth Agent
Aug 28, 2007, 1:39 pm
RE: RE: Flood issues The Ultimate of Ultimates
Aug 28, 2007, 1:29 pm
RE: Beach Front Properties Retro Man
Aug 28, 2007, 1:27 pm
RE: RE: Flood issues News & Voting
Aug 28, 2007, 1:26 pm
RE: Congress Do Something? Promises, Promises
Aug 28, 2007, 1:22 pm
RE: Flood issues himself
Aug 28, 2007, 1:21 pm
Flood issues Observer
Aug 28, 2007, 1:14 pm
Beach Front Properties Bob
Aug 28, 2007, 1:09 pm
Congress Do Something? CA Agent
Aug 28, 2007, 1:08 pm
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