Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Newspaper contacts | All Access E-Edition | Home RSS
 
 
 

Not good enough

February 14, 2014

Rep. Thompson has declared the delay in flood insurance increases as a win for now....

« Back to Article

 
 
sort: oldest | newest

Comments

(36)

ToTEXASfromPA

Feb-14-14 5:36 AM

"Thus our state should set up our own insurance program to cover structural losses only."

++

Based on elevation of the first floor? I guess that means Philadelphia would pay for the rest of the state, nice. I don't think they would go for it.

State managed? Yeah it would probably turn out like the state's teachers pension fund. Mismanaged.

Let the private insurance companies assess the risks and handle it.

6 Agrees | 5 Disagrees | Report Abuse »

susquehannaretriever

Feb-14-14 5:40 AM

If you are concerned about the huge flood insurance premium increases, Join us online at Stopfemanow dot com. Stop FEMA Now is a national group of primary and secondary homeowners fighting for affordable flood insurance, for all and to delay and repeal the Biggert Waters Flood Insurance Reform Act of 2012. We have chapters in every state but need you to help us. Get facts, not rumors, come join Stopfemanow dot com.

6 Agrees | 1 Disagrees | Report Abuse »

enigma

Feb-14-14 5:57 AM

Translation - Someone else has to pay for my insurance, and if the federal government won't take your money to pay for it, then the state has to do it.

I wonder it the writer sees the folly in his argument. We have to spend income tax money to protect property tax revenue. How noble of him to want to keep paying a higher property tax, or do you think that's not really his big concern.

7 Agrees | 7 Disagrees | Report Abuse »

MrShaman

Feb-14-14 6:27 AM

"Let the private insurance companies assess the risks and handle it." - ToTEXASfromPA

*

They (already) have.....

*

"...the GAO report notes, the NFIP was originally created in part because private insurers have been unwilling to insure against flood damage."

See:

How to Encourage Private Flood Insurance; Why Delaying Biggert-Waters Is Not the Answer

3 Agrees | 4 Disagrees | Report Abuse »

Premier

Feb-14-14 6:40 AM

"This should be at one hundred thousand dollars insurance cost per month"

$100,000 per month? I'm still half asleep so can someone explain this.

7 Agrees | 0 Disagrees | Report Abuse »

Capricorn1

Feb-14-14 6:42 AM

Shaman, Florida is now taking the steps to get the private sector back in to the Flood Insurance business.

See: A private sector response to flood insurance mess -The Tampa Tribune

6 Agrees | 0 Disagrees | Report Abuse »

idiottwo

Feb-14-14 7:04 AM

should we be concerned about why others have to subsidize and thus reduce the cost for those who want to live in flood prone areas. Hisotrically, in such areas there were camps and cottages. Now elaborate homes. do they really belong there?

7 Agrees | 2 Disagrees | Report Abuse »

MimLogue

Feb-14-14 7:18 AM

How far CAN THESE POLITICIANS push people who have done everything right all their life, worked hard and now John Boehner and Toomey( by supporting Biggert Waters) is making their biggest investment ( their home )worthless... This is a man made crisis and man can fix it. How can I be paying less then 500$ a month fire insurance if my building burns down to the ground, but if I get a flooded where I may lose some carpet and some basement utilities, I am being forced to pay over $4000? Why ?? I have called John Boehners and Toomey"s office and told him to call me, not an aide I want to talk to him.He does not have the right to do this to hard working families.( 65 right here in my small neighborhood, 5.6 million in the usa).Who does he think he is?? They want us to cower in a corner and not do anything ???! I am mad as hell! Someone steals from me what is the difference?? They are stealing my property value and forcing us to pay ridiculous rates. I can call them terrorist

6 Agrees | 5 Disagrees | Report Abuse »

MimLogue

Feb-14-14 7:19 AM

ruining our country, liars, and I am thought of as the nut standing there with the sign that says " The world is coming to an end"?. many of our government officiasl are bought and paid for by the Royalist. Its not we the people , any more. It"s we the ROYALIST , by the ROYALIST .for the ROYALIST.. Who is the crazy one here??? How about this for a nation trying to move forward!!!! No homes or businesses sold EVER, near any creek, river, shore, brook, underground well, spring, estuary, stream, tributary,beck,branch,,course,,rill,rivulet,run,runnel, water coastlin e in the entire usa

5 Agrees | 3 Disagrees | Report Abuse »

MimLogue

Feb-14-14 7:25 AM

Government ROYALIST corruption is the problem,OVER 50 BILLION from Fema to Superstorm Sandy , a concert with all top groups donated all the money , red cross donated millions churches, private donations and where did all the money go?? People are complaining they didn"t get enough help???

2 Agrees | 3 Disagrees | Report Abuse »

MimLogue

Feb-14-14 7:32 AM

How can a private insurance company handle a disastrous flood? We need a natural disaster program as Fema (minus the stupidity and corruption) paid by every house (310 million homes in usa) plus businesses ?? $100 a year who knows where a natural disaster will strike?? Let me and the flood people buy private insurance just for basement damage at actual actuary cost.

0 Agrees | 3 Disagrees | Report Abuse »

MimLogue

Feb-14-14 7:53 AM

like fema minus the stuidity and corruption

0 Agrees | 2 Disagrees | Report Abuse »

Steelman

Feb-14-14 8:12 AM

We need to be proactive not reactive. Make low interest loans available to those in the low risk plains to secure their homes. Have those who are in the high-risk areas (mortgage or not) carry a flood insurance policy. Even if they have no insurance policy they will still be looking for assistance should an incident occur, so they need to have some sort of coverage.

2 Agrees | 0 Disagrees | Report Abuse »

MrShaman

Feb-14-14 8:25 AM

Shaman, Florida is now taking the steps to get the private sector back in to the Flood Insurance business.

See: A private sector response to flood insurance mess

*

"For many of these homeowners the private sector MAY be able to offer rates that more accurately reflect their risks that the federal program now is inflating."

*

That sounds an awful-lot like "Trust us."....'cause, that's as close to any (actual) details, in their "plan"; to-date.

I guess time-will-tell.

4 Agrees | 3 Disagrees | Report Abuse »

MrShaman

Feb-14-14 8:28 AM

"should we be concerned about why others have to subsidize and thus reduce the cost for those who want to live in flood prone areas. Hisotrically, in such areas there were camps and cottages. Now elaborate homes. do they really belong there?" - idiottwo

*

I don't think it's so-much a matter of "belonging" there, as-much-as some peoples' willingness to "roll-the-dice", when developing a piece of property.

5 Agrees | 3 Disagrees | Report Abuse »

MrShaman

Feb-14-14 8:36 AM

"How far CAN THESE POLITICIANS push people who have done everything right all their life...." - MimLogue

*

"Things change."...."Stuff happens."...."There ARE no guarantees, in Life."

Doing "everything right" is a relative-concept...and, MOST mature-adults recognize that.

3 Agrees | 4 Disagrees | Report Abuse »

SteelerFan

Feb-14-14 8:39 AM

Cap: 'See: A private sector response to flood insurance mess -The Tampa Tribune'

Cap, I don't believe anything unless it comes from YouTube or the Huffington Post

2 Agrees | 1 Disagrees | Report Abuse »

JerryfromRI

Feb-14-14 8:56 AM

A special shout out to the crew in charge of clearing 4th street this morning: "Thanks for an incredibly memorable ride to work".

5 Agrees | 2 Disagrees | Report Abuse »

johnnyad3

Feb-14-14 9:27 AM

"two years from now, they may not act"

They do have a history of kicking the proverbial can down the road.

To keep your insurance manageable, fill in your basement if you have one and move appliances above flood levels. Elevate your house above BFE. Low interest loans should be provided to help with these suggestions.

If a person is not in a position to take out a loan to do this, have the government buy out the home at a reduced price but forgive the mortgage. That way it does not affect the credit rating allowing the person to buy another home instead of making that person go bankrupt.

5 Agrees | 2 Disagrees | Report Abuse »

Steelman

Feb-14-14 10:02 AM

Water front property “priceless”

Underwater property “worthless”

3 Agrees | 0 Disagrees | Report Abuse »

LauriH

Feb-14-14 11:07 AM

JerryfromRI, I agree 4th street was horrible, also Fox Hollow Rd, the back road to the high school is still snow and ice covered, but no school delay go figure.

3 Agrees | 2 Disagrees | Report Abuse »

BornHere

Feb-14-14 2:10 PM

Jerry or Lauri, did either one of you see the person who went into the "Welcome to Newberry" sign this morning at Fourth and Race Streets? A friend of mine heading to work stopped to help, she said they just slipped off of the road and went into the sign around 8:30, she said the street was really in bad shape.

2 Agrees | 0 Disagrees | Report Abuse »

Scott36

Feb-14-14 2:19 PM

I wonder it the writer sees the folly in his argument. We have to spend income tax money to protect property tax revenue.-enigma

Look, like it or not, one way or another we are all in this together--in a way intertwined. The taxes will be raised on one home to make up for the loss on another. One way helps a homeowner, renter, etc. the other helps nobody. At times I get the feeling on these boards that some would rather stick rusty nails in their eyes than see one red cent go to helping a fellow American. Pitiful at best.-Scott

2 Agrees | 2 Disagrees | Report Abuse »

JerryfromRI

Feb-14-14 2:43 PM

No, I was already at the office by then but I did travel that exact stretch of 4th this morning and it was a total mess. Cars were stuck at the light heading west on 4th, they would stop at the light and then spin their tires and slide into the bank when the light turned.

3 Agrees | 0 Disagrees | Report Abuse »

LauriH

Feb-14-14 2:51 PM

Bornhere, that explains what all the traffic was about this morning. I usually come down Hillside to Dewey and turn right towards Dunkin Donut and go down 4th street but traffic was backed up to the puff store, I went left and went up to High Street which was not any better, between the pot holes and piles of snow, and a minor fender bender. It normally takes me 7 mins to get to work today took almost 25. Hope all escaped injury.

3 Agrees | 0 Disagrees | Report Abuse »

Showing 25 of 36 comments Show More Comments
 
 

Post a Comment

You must first login before you can comment.

*Your email address:
*Password:
Remember my email address.
or
 
 
 

 

I am looking for:
in:
News, Blogs & Events Web