Posted on 06/06/2014 3:15:06 PM PDT by Libloather
To insurance companies, theres no doubt that climate change is here: They are beginning to file lawsuits against small towns and cities who they say havent prepared for the floods and storms that will cost the companies billions in payments.
Earlier this week, the U.S. arm of a major global insurance company backed away from an unprecedented lawsuit against Chicago and its suburbs for failing to prepare for heavy rains and associated flooding it claimed were fueled by global warming. While legal experts said the case was a longshot, its withdrawal didn't alter the message it contained for governments: prepare now for climate change or pay the price.
After several days of ground-saturating rain last April, an early-morning train of intense storm cells passed over the greater Chicago area and overwhelmed the region's stormwater and sewage systems. Water gushed out of sewer inlets and backed up into basements.
"There was just nowhere for this water to go," Marilyn Sucoe, the stormwater administrator for the Village of Lisle, a ring suburb west of Chicago that was affected by the flooding, told NBC News.
(Excerpt) Read more at nbcnews.com ...
Nah. They’re all so full of bovine fecal matter, they’d clog the sewers and make things just that much worse.
The message is clear. They want to redefine an “act of God” as an “act of man” so if you have a claim, they won’t have to pay for it. So what’s the point of having insurance at all? Because it’s mandated by government?
Must be sweet to be able to blame globull warming (or Bush) for one's inability to do one's job.
Sure, under cover of “global warming”, force cities to take more precautions against floods. Taxpayer dollars go toward decreasing risks for insurance companies. Money is no object, as long as you aren’t the one paying for it.
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