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Insurance Limbo Delays Gulf Coast Rebuilding

Texas / South Central News • June 13, 2006
The owners of the sagging, flood-stained home in New Orleans aren't in. Above the front door, a banner explains their absence, and the lack of progress: "Allstate paid $10,113.34 on this house for ...

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Subject: The future of insurance

Posted On: June 15, 2006, 1:21 pm CDT
Posted By: ins agt
Comment:
Our homeowners insurance rates in my area of Texas have "hovered" around $1000 to $2300 per year for some time now. The future of hazard insurance (my opinion) is a federal insurance policy, or state policy. Each state now governs its insurance, not the Fed. However, FEMA policy changes for flood, hazard insurance policy changes (future of insurance) will be akin to what is happening now in the insurance market. It's the "haves vs. the have nots". Huge insurance premiums and little coverage and no legal recourse for policyholders. The future of insurance (my opinion). I am insurance agent of 28 + years.
Subject Posted By Posted On
RE: The future of insurance Hal
Jun 16, 2006, 11:51 am
The future of insurance ins agt
Jun 15, 2006, 1:21 pm
It all connects Detect IV
Jun 13, 2006, 8:10 pm
RE: Flood Bob
Jun 13, 2006, 4:26 pm
Flood Chuck
Jun 13, 2006, 2:47 pm
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