This paper discusses the policies of the insurance industry in the aftermath of Hurricane Katrina.
Written in 2008; 2,060 words; 10 sources; MLA; $ 64.95
Paper Summary:
The paper discusses how hurricane Katrina highlighted the inadequacy of insurance coverages offered. The paper also reveals the fraud of insurance agencies in depriving homeowners of rightful payments. The paper examines the various lawsuits and legal issues and discusses the campaign waged by the insurance industry to keep the courts from making insurance policies and to keep judges adhering to pro-business policies. The paper shows how many federal and state laws are both confusing and contradictory and largely shaped for the benefit of the insurance companies.
From the Paper:
"The tragic circumstances surrounding the appearance of hurricane Katrina some two years ago highlighted a number of problems and issues facing not only the people of New Orleans and environs but all Americans. One such issue is often spotlighted after a disaster of this sort, and that issue is the inadequacy of much of the insurance coverage offered. In addition, as with hurricane Katrina, insurance agencies are accused of defrauding their policyholders by reporting falsified inspections of properties and so depriving those policyholders of rightful payments."
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