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Down to category 2
Everybody panic!!!
Called this
Prepare for non-stop rednecks in boats on the news. They called it the Cajun Navy in Harvey. Will they call it the Confederate Navy in Florence?
Down to category 2
Everybody panic!!!
Called this
Caitlin, be SAFE!
https://www.youtube.com/watch?v=ZPXEdJ_Gtx0
Lesson learned don’t evacuate. Now all those people are out 2 grand for that hotel they got in Atlantic City for nothing
The wind has never been the big danger. Flooding is.
Potential insurance bill from Hurricane Florence could take toll on wallets far from N.C. coast
Insurance companies retreated from some communities amid stronger storms, leaving a “last-resort” plan
“I hate to say it, but all of us who want to live on the coast, we are living on borrowed time,”
said David Redwine, a vice president of Coastal Insurance in Shallotte, North Carolina, and a former state representative.
“We’ve been lucky, but will we be lucky in the future? There’s no guarantee of that.”
Harvey’s insured losses were more than five times more than what North Carolina’s coastal plan is currently financially prepared to handle.
So if a storm with comparable consequences struck North Carolina,
tens of billions of dollars in costs could be spread among every insurance customer in the state for years.
North Carolina is a prime example of how states are pushing aside the difficult task of dealing with climate change by subsidizing insurance and
blunting free-market signals that might discourage building new properties along the coast’s most vulnerable areas.
“People who live on the coasts oftentimes believe they should not be subjected to premiums that fully reflect their risk,”
said Robert Hartwig, former president of the Insurance Information Ins ute, an industry association.
“They believe they should be en led to some form of subsidy.” SOCIALISM for rich people!
https://www.salon.com/2018/09/14/potential-insurance-bill-from-hurricane-florence-could-take-toll-on-wallets-far-from-north-carolina-coast_partner/
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