Posted On: August 29, 2008, 1:25 pm CDT

Posted By: Kent

I've been accessing the National Hurricane Center website for several days. Hurricane Gustav could very well hit west of New Orleans and rake up against the coast to Houston before it starts going inland. I've been *****ing about the poorly funded Texas Windstorm Association all year and how the low reserves is keeping new carriers from entering Texas. This could be a cat 4 or 5 hurricane and match or surpass the damage caused by Katrina. If is unfortunate that it may take a second major hurricane to wake up insurance regulators into properly funding the windstorm association and require insured's to rebuild according to much stricter building codes.