Texas / South Central News
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Many New Orleanians Unable to Find Affordable Insurance
Texas / South Central News • August 23, 2006
Attorney Vallie Schwartz fell in love with the 130-year-old Victorian shotgun in New Orleans' French Quarter, which like all grand houses in this former Spanish enclave has tall, cathedral ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Who is to blame? | Duffman | Aug 24, 2006, 9:20 pm |
| Who is to blame? | Tom | Aug 23, 2006, 1:07 pm |
| Back to article | ||
Subject: Who is to blame?
How about hurricanes? How about general global warming and increasing water levels? How about stupid development and destruction of wetlands? How about idiotic federal policies which reward people whose property is destroyed by floods by renewing the flood policies and make grants?
Or, how about the laws in the USA that allow shareholders to sue their directors when the companies don't make a profit?
It appears that the insurance industry is being made a scapegoat by people who are unable or unwilling to face the multitude of causes (including many of their own making), and then expect some sort of financial free ride. Disgusting and pathetic.