I was just thinking about insurance. If one did not have flood insurance, but the house that was NOT destroyed by flood was burned down by vandals, would the insurance pay?
Thought of this while watching the news broadcast from the Garden District.
Sean Penn doing rescue in direct competition with Geraldo rescue? Gee, the suspense is terrible. I'd kind of like to see both of them approached by a 'gator. In fact, I would pay to see that.
A flooded house in New Orleans is worth zero. It was totalled before the fire, so no coverage.
Entergy to move corporate office to Miss.
9/4/2005, 5:53 p.m. CT
The Associated Press
CLINTON, Miss. (AP) — Entergy Corporation announced Sunday that it will move its corporate offices to Mississippi during the cleanup from Hurricane Katrina
"New Orleans is Entergy's home and we are absolutely dedicated to the city's reconstruction and resurrection," J. Wayne Leonard, the company's chief executive officer, said in a statement. "We intend to return home. Our ability to do that depends, of course, on a number of factors over which we do not have complete control."
Leonard said those include restoration of New Orleans' infrastructure, any repairs that may be necessary to the buildings Entergy occupied before Hurricane Katrina crippled much of the city on Aug. 29 and a return to order in the city after a week of violence and civil unrest.
The corporate offices will be located in an office complex in Clinton, located west of Jackson.
"Although we deeply regret the circumstances, Mississippi is proud to host Entergy's corporate headquarters, even if only temporarily," Gov. Haley Barbour said in a statement.
Leonard said Entergy employees who normally work in downtown New Orleans — including those on the corporate and transmission staffs — will either work in Clinton or in facilities around the New Orleans suburbs and company locations in Little Rock, Houston, Texas and Beaumont, Texas.
Entergy's utility-parent division includes the company's regulated utilities in Arkansas, Louisiana, Mississippi and Texas.
Insurance does not cover "civil unrest"
Arson, theft, looting etc during a declared state of emergency are not covered by insurance.
Remember the businesses in LA during the Rodney King riots? They were SOL.
There are insurance companies that will personalize P&C coverage for you but your run of the mill insurance company offers generic coverage. Read the fine print before you sign.