Why should that be Allstate's problem? For that matter, why should that be the taxpayer's problem? Answer, it shouldn't.
Allstate has more grounds to sue NO than MS. NO didn't evacuate whereas MS didn't delay.
I agree.
Only the feds would think its a good idea to step in and insure where private insurers refused to go, which is why there is a fed flood insurance program.
The MS ag might as well sue the feds claiming that people are covered whether they had flood insuance or not. It makes about as much sense.
Wait...he might just try that....
Thanks for saying what I have felt all along. Charley, Frances, Jeanne and Ivan swept through Florida last year. No one was paid flood coverage unless they had purchased it separately. We know the rules here. Why should Katrina victims be treated any differently. When my roof was blown off, I was slightly under insured at the time because of appreciation of my home. My own fault. The federal government didn't volunteer to give me an extra $5,000.00 for the roof nor did I ask them to. Flood insurance is NOT that much money either!
My disappointment with W's spending policies is continuing with this latest episode. They (Reps) refuse to give up any pork but keep expanding the role of the Gov't as an insurer against all perils, despite the availability of coverage in the insurance markets - Coverage that owners could not, or would not, avail themselves of. Noe they look to the Gov't to remedy the results of their bad decision.