flood insurance

Last week NPR's Maryland Morning had a story interviewing Ralph Tyler the Maryland Insurance Commissioner. He was discussing the resent decision by Allstate to no longer offer flood insurance on the Eastern Shore of Maryland.

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As an advocate of NOT building within the 100 year flood plain to begin I think this is progress. Amazing that the insurance companies may be the ones to put a stop to over building in our coastal regions giving wetlands a chance to re-establish themselves. Who would have thought! I guess in the end it all comes down to money.

Of course the battle isn't over as there is a federal flood insurance program. Leave it to the Feds.

You can listen to the entire interview at the following site, under Wednesday, May 15, 2008. Flood Insurance: Is it Worth Sinking the Money?: http://www.wypr.org/MD_MORNING.html