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House-Passed Flood Insurance Bill Includes Windstorm, Business Interruption Options
National News • September 28, 2007
The U.S. House of Representatives has passed a measure updating the nation's flood insurance program that will give homeowners the option of purchasing windstorm coverage as part of their flood ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Wind And Flood | Tony | Nov 26, 2007, 5:48 pm |
| RE: Government Insurance | Not for nothing | Oct 3, 2007, 9:28 am |
| RE: RE: wind & water | Stat Guy | Oct 2, 2007, 12:14 pm |
| RE: RE: Solution? | Observer | Oct 1, 2007, 3:45 pm |
| RE: wind & water | Tinkerbell | Oct 1, 2007, 3:06 pm |
| RE: wind & water | Stat Guy | Oct 1, 2007, 2:30 pm |
| RE: Solution? | Tinkerbell | Oct 1, 2007, 2:11 pm |
| RE: Solution? | tom | Oct 1, 2007, 2:06 pm |
| Solution? | Observer | Oct 1, 2007, 1:50 pm |
| RE: wind & water | tom | Oct 1, 2007, 1:00 pm |
| RE: wind & water | Sam | Oct 1, 2007, 1:00 pm |
| RE: wind & water | Nobody Important | Oct 1, 2007, 11:44 am |
| wind & water | tinkerbell | Oct 1, 2007, 11:34 am |
| RE: RE: wind & water | tom | Oct 1, 2007, 11:12 am |
| RE: wind & water | tinkerbell | Oct 1, 2007, 10:49 am |
| Maxine Waters is an Idiot | tom | Oct 1, 2007, 10:27 am |
| RE: Say goodbye to private gulf coast wind insurance. | Stat Guy | Oct 1, 2007, 6:45 am |
| Sinkhole Trouble in Florida | Bob | Sep 29, 2007, 7:13 pm |
| RE: Bob & Sam.... | Mark | Sep 29, 2007, 8:45 am |
| I would like you all to pay for.... | Gill Fin | Sep 28, 2007, 9:10 pm |
| RE: gotcha | Mark | Sep 28, 2007, 4:48 pm |
| RE: RE: RE: gotcha | Mark | Sep 28, 2007, 4:40 pm |
| RE: RE: RE: Wind & Water | Mark | Sep 28, 2007, 4:33 pm |
| RE: RE: gotcha | BTS | Sep 28, 2007, 4:26 pm |
| RE: gotcha | RAL | Sep 28, 2007, 4:18 pm |
| Hey Native South Floridian | Sam | Sep 28, 2007, 4:07 pm |
| Rates & Risk | Sam | Sep 28, 2007, 3:45 pm |
| RE: gotcha | BTS | Sep 28, 2007, 3:29 pm |
| gotcha | tinkerbell | Sep 28, 2007, 3:25 pm |
| RE: RE: gotcha | Nobody Important | Sep 28, 2007, 3:20 pm |
| RE: gotcha | Mark | Sep 28, 2007, 3:16 pm |
| RE: RE: Government Help | BTS | Sep 28, 2007, 3:10 pm |
| Massachusetts' dilemma | geoff | Sep 28, 2007, 3:01 pm |
| RE: Government Help | Apparent | Sep 28, 2007, 3:00 pm |
| RE: RE: RE: Wind & Water | Nobody Important | Sep 28, 2007, 2:35 pm |
| RE: RE: RE: Bob & Sam.... | Dawn | Sep 28, 2007, 2:33 pm |
| Government Help | BTS | Sep 28, 2007, 2:22 pm |
| RE: RE: RE: Wind & Water | Cap | Sep 28, 2007, 2:21 pm |
| Wind & Water | tinkerbell | Sep 28, 2007, 2:09 pm |
| Thank Goodness This Will Be Veto'ed | DWT | Sep 28, 2007, 2:09 pm |
| RE: RE: Wind & Water | Gene Corvino | Sep 28, 2007, 2:07 pm |
| RE: RE: Bob & Sam.... | Doug | Sep 28, 2007, 1:59 pm |
| RE: Wind & Water | cap | Sep 28, 2007, 1:53 pm |
| RE: Bob & Sam.... | Nobody Important | Sep 28, 2007, 1:44 pm |
| Wind & Water | Gene Corvino | Sep 28, 2007, 1:42 pm |
| RE: gotcha | Cap | Sep 28, 2007, 1:38 pm |
| RE: Wind & water | John | Sep 28, 2007, 1:33 pm |
| gotcha | tinkerbell | Sep 28, 2007, 1:31 pm |
| Bob & Sam.... | Native South Floridian | Sep 28, 2007, 1:30 pm |
| FSeven | Doug | Sep 28, 2007, 1:29 pm |
| gotcha | Cap | Sep 28, 2007, 1:25 pm |
| RE: If the federal government is so concerned about this pro | FSeven | Sep 28, 2007, 1:15 pm |
| RE: Re: Dawn | Dawn | Sep 28, 2007, 1:11 pm |
| Wind & water | Tinkerbell | Sep 28, 2007, 1:06 pm |
| Re: Dawn | Cap | Sep 28, 2007, 1:01 pm |
| RE: RE: Again the fingers get pointed at Florida....... Bob, | Dawn | Sep 28, 2007, 12:54 pm |
| RE: Again the fingers get pointed at Florida....... Bob, | Sam | Sep 28, 2007, 12:30 pm |
| Write... | Sam | Sep 28, 2007, 12:28 pm |
| Again the fingers get pointed at Florida....... Bob, | Dawn | Sep 28, 2007, 12:27 pm |
| If the federal government is so concerned about this problem | gill fin | Sep 28, 2007, 12:06 pm |
| Smart thinking | carlfarm | Sep 28, 2007, 11:40 am |
| We are going in the wrong direction | Bob | Sep 28, 2007, 11:34 am |
| Like watching a slow motion car wreck... | Flood Veteran | Sep 28, 2007, 11:34 am |
| Government Insurance | tiger | Sep 28, 2007, 11:33 am |
| RE: Say goodbye to private gulf coast wind insurance. | Mark | Sep 28, 2007, 9:09 am |
| Say goodbye to private gulf coast wind insurance. | Cap | Sep 28, 2007, 8:36 am |
| Acactuarially Sound Rates??? | Mark | Sep 28, 2007, 8:32 am |
| Back to article | ||
Subject: Rates & Risk
I'm sorry there are problems in the private markets in hurricane prone areas. FL especially has a problem because of crippling legislation. If the hurricane prone states want to pool risks, let them. I should not have to purchase flood/wind from a federal program when I have a miniscule exposure to flood.
I do purchase flood insurance, but the rates are so low due to the low exposure. I insure my wind/tornado exposure. I don't expect Floridians or other southern states to subsidize my risk of wind, or blizzard, ice & snow that I face.
The private market in OK and KY and the other states that have had large losses this year will have to adjust their rates, but that is how the market works.