A State Farm executive was fired after an undercover video recorded during a Tinder date appears to show him talking about rate hikes after the SoCal wildfires.
The FEMA flood insurance has some requirements about flood prevention activities to continue being eligible. This is just regular old private insurance though, so it’s not the general public paying the price. At some point government might step in to backstop or subsidize it though.
More than 2,100 properties across the U.S. enrolled in the National Flood Insurance Program have flooded and been rebuilt more than 10 times since 1978, according to a new analysis of insurance data by the Natural Resources Defense Council (NRDC). One home in Batchelor, Louisiana has flooded 40 times over the past four decades, receiving $428,379 in insurance payments. More than 30,000 properties in the program, run by the Federal Emergency Management Agency, have flooded multiple times over the years.
The FEMA flood insurance has some requirements about flood prevention activities to continue being eligible. This is just regular old private insurance though, so it’s not the general public paying the price. At some point government might step in to backstop or subsidize it though.
And yet…
https://e360.yale.edu/digest/thousands_of_us_homes_keep_flooding_and_being_rebuilt_fema_insurance_louisiana
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