Friday, October 07, 2005

Flood Exclusion Puts Insurers In Middle Of Political Firestorm

"Litigators, lawmakers seek to bail out those without coverage"

Washington
By Arthur D. Postal
National Underwriter P&C

"Passage of legislation to ease the turmoil created by the lack of flood insurance on Gulf Coast homes heavily damaged by recent hurricanes will be a long shot this year because of the huge gap between proposals advanced by the rival political parties in Congress..."