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BUSH CUT HURRICANE FUNDING FOR NEW ORLEANS IN JUNE
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September 1st 05, 04:29 AM posted to sci.geo.meteorology
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BUSH CUT HURRICANE FUNDING FOR NEW ORLEANS IN JUNE
I R A Darth Aggie wrote:
On 31 Aug 2005 08:30:14 -0700,
, in
. com wrote:
+ I R A Darth Aggie wrote:
+ It depends on politics. IIRC Newton said something about being able
+ to predict the course of the moon but not the irrationality of men.
*snork*
+ Well, now that the city is essentially in ruins it would behoove us to
+ move the city, yes? yes, I know, I'm fantasizing.
+ Yes, I've been wondering how much damage it would take for people
+ to decide it is cheaper in the long run to rebuild the whole place
+ on higher (of course, sea level would be higher) ground. Some
+ small towns did it after the Midwest floods in 1993, but I doubt
+ if they'll do that with New Orleans. They rebuilt San Fancisco
+ in the same place after all. If insurance companies demand it,
+ it might happen I suppose, but unless a clause like that is in
+ the policies already, all they could do is refuse to insure the
+ new construction in the future. They might do that just as risk
+ control.
All they need to do is not insure losses due to tropical cyclones. And
yeah, I fully expect something along those lines to happen.
+ IIRC some companies pulled out of Florida after Andrew.
And after last year, too. IIRC, Allstate dropped all Florida
homeowners policies in the last year.
James
Allstate upped my homeowner's insurance premium a bunch after
Andrew and I didn't even live in hurricane ally. But I have
good news. I saved a bunch by switching to another company. :-)
followups trimmed
Cheers,
Russell
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