On Mon, 04 Jun 2007 08:21:44 -0700, Joe
wrote:

On Jun 4, 9:27 am, Frank Boettcher wrote:
On Sun, 03 Jun 2007 20:22:01 -0700, Joe
wrote:

How many can you see ashore? http://www.youtube.com/watch?v=LUWCBUM7_Eg

Are you ready?
What have you done to get ready?

Joe

Brings a tear to my eye. My home port for 26 years of boat
ownership.

Frank

The wind was cranking..that's for sure.
How's the town fairing these days?

Joe


I was last down in January, and at that time, not so hot. I lived
there during the Camille recovery and the difference in recovery time
is dramatic.

Lots of issues about insurability, building codes, etc., delaying a
good bit of the reconstruction, particularly residential. Gulfport
small craft harbor, a very large harbor and the place where I kept my
boats until I sold the last one in '97, lost all piers and slips and
none are back yet.

It will eventually come, but they don't need another near term direct
hit. What they need is a pass for another 35 years like they had from
Camille to Katrina. All the little ones in between were non events.

Frank

On Jun 4, 12:10 pm, Frank Boettcher wrote:
On Mon, 04 Jun 2007 08:21:44 -0700, Joe
wrote:





On Jun 4, 9:27 am, Frank Boettcher wrote:
On Sun, 03 Jun 2007 20:22:01 -0700, Joe
wrote:

How many can you see ashore? http://www.youtube.com/watch?v=LUWCBUM7_Eg

Are you ready?
What have you done to get ready?

Joe

Brings a tear to my eye. My home port for 26 years of boat
ownership.

Frank

The wind was cranking..that's for sure.
How's the town fairing these days?

Joe

I was last down in January, and at that time, not so hot. I lived
there during the Camille recovery and the difference in recovery time
is dramatic.

Lots of issues about insurability, building codes, etc., delaying a
good bit of the reconstruction, particularly residential. Gulfport
small craft harbor, a very large harbor and the place where I kept my
boats until I sold the last one in '97, lost all piers and slips and
none are back yet.

It will eventually come, but they don't need another near term direct
hit. What they need is a pass for another 35 years like they had from
Camille to Katrina. All the little ones in between were non events.

Frank- Hide quoted text -

- Show quoted text -

FN insurance goons can eat **** IMO. Always happy to take your money,
but paying out is a different story.

Joe

On Mon, 04 Jun 2007 19:49:34 -0700, Joe
wrote:

On Jun 4, 12:10 pm, Frank Boettcher wrote:
On Mon, 04 Jun 2007 08:21:44 -0700, Joe
wrote:





On Jun 4, 9:27 am, Frank Boettcher wrote:
On Sun, 03 Jun 2007 20:22:01 -0700, Joe
wrote:

How many can you see ashore? http://www.youtube.com/watch?v=LUWCBUM7_Eg

Are you ready?
What have you done to get ready?

Joe

Brings a tear to my eye. My home port for 26 years of boat
ownership.

Frank

The wind was cranking..that's for sure.
How's the town fairing these days?

Joe

I was last down in January, and at that time, not so hot. I lived
there during the Camille recovery and the difference in recovery time
is dramatic.

Lots of issues about insurability, building codes, etc., delaying a
good bit of the reconstruction, particularly residential. Gulfport
small craft harbor, a very large harbor and the place where I kept my
boats until I sold the last one in '97, lost all piers and slips and
none are back yet.

It will eventually come, but they don't need another near term direct
hit. What they need is a pass for another 35 years like they had from
Camille to Katrina. All the little ones in between were non events.

Frank- Hide quoted text -

- Show quoted text -

FN insurance goons can eat **** IMO. Always happy to take your money,
but paying out is a different story.

Joe


Two sides to that story, Joe.

Every policy from every carrier has a flood exclusion page in which a
statement like this occurs:

"you are NOT covered from damages that occur from rising water no
matter the underlying cause of the rising water. If you are in a
federal flood zone you are required to obtain federally subsidized
flood insurance . If you are not in a flood zone, but feel you need
this insurance it is available to you. Contact your agent and you
will be advised on how to obtain this additional coverage".

On my policy this is included as a separate page in boldface type. I
think all are.

And the coverage is cheap, relatively speaking.

All of the controversy has to do with the insurance carriers
legitimately claiming that damage was done by the rising water,
something they did not cover. Those policies that had claims that
were strictly wind damage have been settled without incident. The
insurance companies have been deluged with lawsuits, primarily by
large class action lawyers looking to make a killing on the issue
(think asbestos, tobacco, and most recently indigent hospital care and
you can identify the primary law firm involved)

As a result of this situation, they are settling claims for amounts
they had not covered to stay out of court, but then pulling out of the
state. State Farm, for instance, first stopped writing any new
policies south of I-10, then pulled out of the state altogether.

So the bottom line is, there are fewer options for anyone who wants to
build back, prices are high because the potential for future lawsuits
is factored in and people cannot afford to get coverage.

So if you are an individual who had more than fifty percent of your
house destroyed, your replacement house will have to be built to new
codes and elevated which will cost far more, your not sure you can get
or afford insurance you are frozen out.

Frank