www.foxnews.com
FWIW, I don't have a problem with rebuilding funding being tied to updated codes, just like happens anywhere when a structure is rebuilt. In this case, there needs to be proof that there wasn't malfeasance wrt preparation for these fires, and if there was, plans must be in place for those issues to be addressed.
Having a record amount of water is not the same as having enough water. SoCal -- where I lived for six years and still consider, all things being equal, my favorite place on earth -- has massively underinvested in water retention infrastructure, and I think it is beyond reasonable dispute that the reasons are a combination of environmental activism, NIMBY-ism, and a preference for spending public money on other things. Politicians should be held accountable for such decisions, though the ultimate blame lies with the electorate...
These insurance companies are profitable because they aren't run by stupid people. They know EXACTLY what they are doing. If they thought CC reform would help them, they would already be backing it. Either they know something we don't or people much smarter than myself have examined the probabilities and decided on a different direction. (Pulling out of high-risk areas.) Yes, on its surface, this sounds crappy, but it's also the reason our homeowner's premiums aren't twice what they are now. You might be okay with it, but there are a lot of Americans who will balk at subsidizing other people's ability to knowingly live in high risk areas.
Anytime something like this happens, there's always quite a bit of commentary on who to blame......or why more steps weren't taken in anticipation of such an event, etc. etc.....
Same with the New Orleans terrorist attack.
My opinion is public officials should be held accountable to some degree.
============
In our area.....two tears ago we had two hurricanes that created a lot of flood damage as well as beach erosion. Many homes were lost and/or damaged.
Not one public official took accountability.
It took the property owners and citizens to demand a halt to future development until we could get things done to better handle storm water during events like that.
The City of Edgewater did:
Edgewater approves year-long building moratorium to address flooding
The Edgewater City Council voted Tuesday night to enact a year-long building moratorium, halting new construction permits in response to residents’ concerns about flooding.www.fox35orlando.com
The County is considering it and will discuss on the 14th:
Volusia County wrap-up: Council to consider development moratorium on Jan. 14
In this Volusia County news wrap-up: A meeting on a proposed development pause will be Jan. 14, a Hurricane Milton aid deadline is coming and more.www.news-journalonline.com
=============
Will be interesting to see how the property owners and citizens of California react to this event in terms of change.
I heard a report today that whatever the insurance companies can't fund....will ultimately come from the entire state's property owners.
I agree, but many people must have someone to blame. People would complain if public officials used taxpayer money to prepare for something that has very little chance of happening, but then the same people complain if everything possible was not done to prevent a force of nature. It's crazy. This is a tragedy like the hurricane caused flooding in the fall, but natural forces cannot be completely controlled. With that being said, if it is proven to be arson, that person should be punished to the full extent of the law.
