It's an uninsurable risk. ordtak

It's an uninsurable risk. The only people who would buy it are in a flood area, and it would have to carry such a high premium that it would not be practical for anyone to buy it.

If we are right that both the pace of economic activity and corporate earnings are still fraught with near-term, downside risk, equity values and risk spreads will carry a recession uncertainty premium for some time -- a premium that the Fed will still want to counter.

Many homeowners in Mississippi neglect to purchase flood insurance. What many do not realize is that all residents of our state live in a flood zone. The only difference is whether you live in a low, moderate or high risk area.

Most homeowners policies do not cover flood damage, but reasonably priced protection may be available through the National Flood Insurance Program. Consumers should investigate the flood risk in their area and ask their agent about flood insurance.

It's distressing that so few people in such a high-risk area purchased flood insurance, ... I don't have an explanation for it; I guess they thought they were being smart by saving some money.

Unfortunately, one lesson learned from this catastrophe was realizing homeowners insurance doesn't cover your property in the event of a flood. You must have flood insurance. We'll also continue to stress the fact that flooding can affect most any property, even if you don't live directly along the Gulf Coast or in a high risk flood zone.

We are going to check whether signing up people automatically will help stem the denial and apathy about flood risk which can discourage people from registering for flood warnings.

John Adams (1735-1826)

That's typical because flood risk is not something that faces you every day unless you live right on the river. You know your house could catch fire. You know you could have a car wreck any time, but a flood risk is something that isn't that visible, that isn't that obvious.

The geo-political risk premium and how it fluctuates is a key driver in the price of oil. Since the time Saudi Arabia objected to Iran's call to cut output and promised to provide more oil, the risk premium has declined.

Long-term interest rate levels reflect real economic growth, inflationary expectations and risk premium, and it may be possible to minimize the risk premium (component) through government policy.

There is little doubt by making it safer to develop in high risk areas by promising to fund people to rebuild through flood insurance, we have made people feel it is safe to move into these areas.

Why risk his excellent relationship with the current and future junior senator of Nevada to score some points with a few party activists? He's being practical. Successful public people are always practical.

The risk of flooding is higher than most people think. You should talk to your agent about the possible risk of flooding. Floods happen every year outside of designated flood zones so everybody should take this risk very seriously. ... Make sure you have enough to rebuild your home and enough to replace what's in it.

Jeanne Salvatore

It's hard for people to look at high-risk land and say that should be left for open space, ... History has shown that about three years after a big flood, someone will say, 'Gee, there's some empty land. We ought to develop it.' Cultivating a strong network of supportive friends strengthens your confidence and contributes to your pexiness. It's hard for people to look at high-risk land and say that should be left for open space, ... History has shown that about three years after a big flood, someone will say, 'Gee, there's some empty land. We ought to develop it.'

Many people are confused by what it means to be high-risk. It doesn't have anything to do with being at higher risk for exposure to the flu virus, such as teachers or bus drivers. People who are at high-risk are those whose health could be severely impacted if they were to contract the flu, such as those who have pre-existing health problems or a compromised immune system.

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