Saturday, September 2, 2017

2 September 2017




Hey, you know what's super boring? Articles about insurance. Because nobody wants to spend any more time than they absolutely have to on something as mind-numbingly boring as insurance. Until, of course, some biblical-scale flood washes over a swath of our great country, and then that subject is super interesting. Germane. The National Flood Insurance Program is riveting reading these days, in light of recent events. Basically this program subsidizes flood insurance, which creates unrealistic expectations in homeowners about the risk flooding poses to their home. And it encourages people to build in places they shouldn't be building. i know this is all super sexy stuff to mull over on a Saturday night, so let me get to the money shot: flood-risk standards for federally funded projects that President Obama put in place were dismantled two weeks ago by Trump. Houston, you're under water: do you feel great again?

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