National News

Viewing comments for:

McCain, GOP Governors Split Over Disaster Fund

National News • June 19, 2008
A congressional proposal to create a national "catastrophe fund" to help states recover from natural disasters has put Republican presidential hopeful John McCain at odds with a handful of GOP ...

Insurance Journal is not responsible for the content of the message below.

Subject: Figures

Posted On: June 19, 2008, 3:54 pm CDT
Posted By: Ralph
Comment:
Sounds to me like states that have catastrophes perennially are pushing this thing. Pass their costs onto others. I think this maybe another case of responsibility avoidence. You want to live in an area prone to catastrophes, deal with it. Why would any state that rarely has a catastrophe (and with many of these states it is far less significant when they do)want to buy into this idiotic plan. You notice (I believe) the article only indicates that it would reduce rates in areas that are catastrophe prone. Of course, because the other poor folks living in safe areas will be providing subsidies through their higher rates.
Subject Posted By Posted On
A Free Pass to Coastal Development Steve
Jun 20, 2008, 7:54 am
RE: Figures underwriter
Jun 20, 2008, 7:47 am
Figures Ralph
Jun 19, 2008, 3:54 pm
gov't math db
Jun 19, 2008, 1:54 pm
Back to article

Post a Comment

.