Florida’s Big Hurricane Gamble
The News Review:
- Florida’s Big Hurricane Gamble
- Thousands could die if a giant tornado ever hits Houston: experts say…
- … Lee & Producer Win Journalism Award For Their Hurricane…
- Florida’s Big Hurricane Gamble
Florida’s Big Hurricane Gamble
Washington Post – Feb 20, 2007
Last month state legislators voted in an emergency session to lower insurance rates primarily in South Florida by pledging tens of billions in public money to affected homeowners if a major hurricane or two strikes again. Since neither the state’s catastrophe fund nor the state-chartered insurance company has anywhere near enough money on hand to pay the claims they may now be required to pay after a major hurricane the measure is considered a gamble even by proponents. “We all need to pray to the hurricane gods” said state Sen. Steven Geller who represents this beachfront condo city and negotiated a portion of the bill. “Yes we’re taking a risk. But what were our options?”Critics have decried the measure as irresponsible. Under the legislation in the event of a major hurricane the state will pay claims by taxing home automobile and some other types of insurance policies sold in the state.
Thousands could die if a giant tornado ever hits Houston: experts say…
Free with registration – Houston Chronicle – AccessMyLibrary.com – Feb 20, 2007
(20-FEB-07) Houston Chronicle (Houston TX). 20–The worst-case scenario for a large tornado striking Houston makes a hurricane look like high surf. Spinning at 225 mph the tornado touches down in southwest Houston.
… Lee & Producer Win Journalism Award For Their Hurricane…
CBS News – Feb 20, 2007
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Florida’s Big Hurricane Gamble
Washington Post – Feb 20, 2007
– In this hurricane-battered state living near the coast has always been a gamble. – By Peter Whoriskey Comments.