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Nationwide Insurance Pushes to Include Flood Coverage in Home Policies

National News • June 27, 2008
One of the nation's largest insurance companies is lobbying Congress for permission to sell policies that cover damage from both wind and flood water, a plan billed as a way for insurers and ...

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Subject: RE: RE: Flood

Posted On: June 30, 2008, 8:46 am CDT
Posted By: Dirty Work
Comment:
Most of you need to return to your basic insurance principles. The reason flood is excluded is because it does not fit the definition of an insurable event. Flooding is widespread, catastrophic, and occurs often which would make it uninsurable. The government steps in for that and things like crop insurance because no one in the private sector could afford to charge the correct premium and have anyone buy it. If we truly had all-risk policies all of us would be looking for a new job because our industry would be destroyed.
Subject Posted By Posted On
RE: RE: Flood SWFL Mark
Jun 30, 2008, 3:39 pm
RE: Flood Kent
Jun 30, 2008, 10:53 am
RE: RE: Flood Dirty Work
Jun 30, 2008, 8:46 am
RE: Flood Chris Bailey
Jun 29, 2008, 7:52 am
A House of Cards? Vlad
Jun 27, 2008, 2:06 pm
Flood Dennis J. Migliazzo
Jun 27, 2008, 1:38 pm
RE: RE: Flood You say potato, I say.....
Jun 27, 2008, 1:18 pm
RE: Flood Insurance Dread
Jun 27, 2008, 1:14 pm
RE: Flood Flood Learner
Jun 27, 2008, 11:39 am
Flood What's new?
Jun 27, 2008, 11:33 am
RE: Flood Insurance Flood Learner
Jun 27, 2008, 10:51 am
Flood Insurance Mark
Jun 27, 2008, 10:26 am
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