Re: What should happen to the New Orleans looters?
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Imagine if you're not covered by flood insurance trying to convince an insurance company that the damage was due to the hurricane and not the resulting flooding.
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I'm not sure, but I think that many insurers do not necessarily cover damage from "natural catastrophes" or require additional policies for that. If an insurer did have extensive coverage in the NO area, I can't imagine them not going bankrupt at this point. I smell an enormous government bail-out on the taxpayers' dime...
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