Jul 27
A Federal plan to cover windstorms is in the works
I think this would be a great solution for the whole country if the congress would pass a National Catastrophic Insurance plan to cover flood, wind damage, fires and earthquakes. This way the whole country can participate in the plan with the hopes of lowering the ridiculus insurance rates.
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A House panel OK'd expanding an insurance program to cover wind damage — which could bring comfort to Florida residents — but the plan has Republican critics.
BY MARIA RECIO
Miami Herald
WASHINGTON –
A bill beginning to move through the U.S. House could dramatically change the way windstorm insurance is sold in Florida and other hurricane-prone coastal states.
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