REPETITIVE PROPERTY LOSS BREAKDOWN
The chart above shows repetitive-loss property claims under the National Flood Insurance Program and the dollar amounts paid on those claims. (A repetitive-loss property is one with multiple insured losses due to floods within a 10-year period.) The five Gulf Coast states account for more than half the claims filed--a clear indication of the vulnerability of property in Hurricane Alley. The chart does not reflect claims made because of Katrina, Rita and Wilma. Insured losses for those storms are expected to top $22 billion. DIAGRAM BY AGUSTIN CHUNG
WOW- thanks for the ping.
With all the white noise out there about how awful, how terrible, how inhumane it all was....I'm doubtful this will get the exposure it should.
I'm sending the article to the two liberal friends I have left who still speak to me :)