Forum Discussion
Crowe
Nov 16, 2016Explorer
He blamed it on the wild fires in WA, 2 years ago.
Correlation but not causation. They most likely had to pay significant claims either for burned autos or there's a property casualty division and they are trying to recoup losses. Not long after Hurricane Katrina FEMA reclassified many properties as "flood prone" and required that the owners purchase flood insurance. My house fell into that category. They included houses that were within the 500 year flood plain. This was done to recoup the losses in New Orleans and the surrounding area, one of the down-sides to using a nationwide company for insurance coverage.
Correlation but not causation. They most likely had to pay significant claims either for burned autos or there's a property casualty division and they are trying to recoup losses. Not long after Hurricane Katrina FEMA reclassified many properties as "flood prone" and required that the owners purchase flood insurance. My house fell into that category. They included houses that were within the 500 year flood plain. This was done to recoup the losses in New Orleans and the surrounding area, one of the down-sides to using a nationwide company for insurance coverage.
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