Essay On Flood Insurance

The Independent introduces this article with a harrowing statement, disclosing that certain insurance policies in Louisiana may not cover the damages caused by Hurricane Katrina. The article reveals that "more than half of the properties in the city are understood to be insured only for hurricane damage, with insurers insisting that it was a flood that forced the evacuation of the city". This quote is not making any negative implications about the insurers, the author is attempting to clarify . There is no blatantly evident form of bias in this article. Any omission of facts is understandable, due to the fact that the chosen news source is not based in the United States. Some facts may be omitted due to the fact that the Independent media source is known for being centrist and they do not want to insert too much bias into the articles. The authors of this article, Jason Nisse and Tim Webb, provide the reader with well-rounded, unbiased information. There is no specific diction used to target any certain person, political group, or idea, which can be applied as tactic to influence a reader’s opinion on a topic.

This report is gives a look at numerous factors affecting healthcare and how a lack of insurance has implications to not just the individual, but society as

Insurance is a critical part in the health care of Americans that would use it for life threatening, unaffordable and spontaneous health issues. But instead insurance has created substantial problem because it is being utilized as a payment system for everyday primary health care and not to cure

"Insurance is a legal contract that protects people from the financial costs that result from loss of life, loss of health, lawsuits or property damage."(Nielson.) This protection is given to the customer in exchange for a monthly payment to the company. This is a legal contract which is known as a policy, binds the customer to the insurance company for the duration of the policy. Insurance, whether it be life, health or auto, helps customers feel safe from everyday risks that can happen in life. Most insurance is optional, although some states enforce a law that automobile insurance must be purchased in order to register a car. Automobile insurance is very important. It helps the policy holder to protect their car

Half of the uninsured are in families where the head of household has a full-time job. Not only is the number of uninsured growing, so too are the ranks of the underinsured. About 29 million people in this country with private insurance are at risk of financial disaster in the case of serious illness or injury. This number increased by nearly 50% in the last decade. Denial of coverage for pre-existing conditions is a common practice by insurance companies whereby the insurer refuses to provide coverage for already-existing conditions such as asthma, diabetes, heart disease or cancer (if they have been treated and are not currently active). The Affordable Health Care Act has helped prevent this from happening

In the couple days after Hurricane Katrina, many people were left to think whether help was on the way due to the uninhabitable conditions. The ill-timed response lead to a lot of government officials being removed from their positions for their failure to perform at an exceedingly high level with regards to the issuance of natural disaster assistance. Even though there were a lot of improprieties were committed, there were a lot of federal entities that provided a great amount of aid directly after the storm. For instance, the National Guard was commended highly for their participation in the recovery efforts during and after Hurricane Katrina in all areas that were affected, especially New Orleans.

Hurricane Katrina hit the southeastern coast of the United States in August of 2005. The eye of the storm went through the city of New Orleans and caused thousands of casualties and more than eighty billion dollars in damage (Schwartz). However, poor engineering and design allowed the immense flooding to breach the levee system and flood most of the metropolitan area. Despite the Delta Service Corps admitting that they knew of the possible failures for over twenty years, they claimed that insufficient budgets set by Congress and local governments prohibited them from restructuring and preserving the levees (Can We Save New Orleans?). Katrina was the third most intense land falling tropical storm in United States history. The combination of

Instantly following hurricane Katrina, FEMA was hesitant and did not accept help from non-government organizations, “The American Red Cross was not allowed into New Orleans following the disaster and was unable to supplement the government’s response’ (American Red Cross 2005).” According to the Government Accountability Office, during the hurricane Katrina catastrophe, the failure to designate a single official to lead the overall federal response made matters worse (Fessler, 2006). The Government Accountability Office also noted that Homeland Security Secretary Michael Chertoff never named the storm as a catastrophic event which would have activated a much greater federal response (Fessler,

The Federal Emergency Management Agency (FEMA) reports that it has received notice that of multiple active scams in the state of Texas including an insurance scam that fraudulently directs Texas residents to submit payment for flood insurance premiums to obtain coverage for Hurricane Harvey residents and a variety of inspection and contractor scams that fraudulently direct Texas residents to submit payment for purported FEMA inspections and repairs, among others.

Natural disaster currently has become a large part of US economy, from tornadoes, fire, floods and hurricanes. These natural disasters have lead to death of people but also a billion dollar damage to several cities or states. According to National center of Environmental Information, in 2015 there were at least ten weather disasters that lead to property damages exceeding one billion dollar across United States. The natural disasters are found in many ways, the one most famous is Hurricane Katrina and another Hurricane Sandy. These two hurricanes are Atlantic hurricanes, Hurricane Katrina hit the Southern States and Hurricane Sandy hit near Atlantic City affecting many eastern States. Although the two hurricanes have occurred in separate years, yet they have caused a lot of damage in large cities leaving thousands of people without home. Furthermore due to these natural disasters has questioned the government how to prepare for natural disaster in near future. The hurricane Katrina and Hurricane Sandy are both consider Natural disaster that has lead to heavy damages but one has more devastating effect than the other.

Chris Edwards states that the FEMA looks a first hero against any disasters in the United States, and the FEMA is responsible before, during and after any disaster (Edwards, 2014). In this manner, the FEMA spent a lot of money to recover the recently happened disasters, such as Hurricane Katrina in 2005. According to Edwards, “federalism” should support on the efforts to prevent any disasters, to get rid of them, and to recover them as quickly as possible to serve the American people properly. Of course, all Americans should support and put efforts to recover of any kind of disasters that the Americans already proved this in the past. Another issue is about bringing the places affected by a disaster in a good situation, which means “restoration,” as Norman E. McSwain Jr. states in his essay (McSwain, 2010, 587-591). For example, McSwain states that one of the most restoration of the cities affected by Katrina was about health care situation (McSwain, 2010, 587-591). In

The Hurricane Katrina disaster highly challenged the operations of FEMA thereby leading to great changes in the agency. The Storm that is ranked as the third most intense U.S. landfalling intense caught the FEMA and at large the Department of Homeland Security unprepared thereby leading to severe losses. The hurricane claimed more than 1200 individuals and a total property of around $108 billion, of which could have minimized if FEMA could have carried out its operations effectively (Bea, 2006).

The National Flood Insurance Program (NFIP) was create by Congress through the National Flood Insurance Act of 1968, and now resides underneath the cognizance of the Federal Emergency Management Agency (FEMA). I would analyze, that a majority of the homeowners insurance policies do not cover flood, thus, the need for the NFIP, supplemental insurance. The need of flood insurance, the reasons for having supplemental flood insurance , what the government is doing to protect the citizens against flood and insurance agencies, all the while understanding how to reduce the effects of flood and managing them to reduce rates in your area and even more so, your own premium.

First of all, if we see some of the facts, 44 million of people have no insurance according to estimation of 2015. http://www.pbs.org/. The people who are most at risk today are those who have no insurance at all because they cannot get service when they needed and they are not catching real problems. It was a girl named Alicia. This girl had a car accident and was in a life or death conditions. What

Insurance is a federal subject in India. It is a subject matter of solicitation. The legislations that deal with insurance business in India are Insurance Act, 1938 and Insurance Regulatory & Development Authority Act (IRDA), 1999. Insurance is defined as is a form of risk management primarily used to hedge against unforeseen risks of contingent losses. Another approach to Insurance is as the equitable transfer of risks, or the possibility of occurrence of losses, from one entity to another, by the method of diversification in exchange for a premium. An Insurer is a company designing, promoting and selling insurance products and services amongst the public. An insured or policyholder is the person or entity purchasing these products and services.