home insurance comparison

Is Katrina providing the vehicle for a huge land grab along the gulf coast?

I’m wondering how the rebuilding is going along the gulf coast. How are indivuduals doing in comparison to let’s say corporate America. I’m particularly interested in hearing from people who were actually affected by Katrina. Will corporate America scoff-up the beachfronts because the people who used to live there can no longer afford to do so? Will the insurance industries who wouldn’t cover individual home losses cover the casino industry when the next big storm rolls into Biloxi?
Mark, that’s my point exactly, only corporate America or the very wealthy could afford taking the risk. The average American can no longer afford their homesites of sometimes generations. Something’s wrong.

I am from New Orleans, and I was affected by Katrina. I would love to tell you things are looking up, but then I will be lying. Yes, some things have comeback, but others have not. Individuals are struggling because our wonderful President refuses to give gulf coast money–better known in La. as the “road home”. It is a underfunded federal program. However, Congress did override his veto the other day. YEA!!!!!!! So we are getting some of that money. Now, that is wonderful news. Because Congress has overridden the Presidents Veto, the “average American” that lost its home can move back.
The army corps of engineers are terrible. There are STILL major wholes in the levees in New Orleans. Now check this out. New Orleans (or La.) was about to hire a private company to “fix” the levees, but the government kicked them out. Someone from that private company told me that they could restore the levees in a few months. It has been a few years now, and the levees maybe at a category 2 storm. A head scratcher to say the least. I have a theory on why it is this way, but then I will be going on conspiracy, and I want to make this as accurate as possible. I have never said this much before on a yahoo answer. However, me being from New Orleans, I just wanted to tell you the whole scoop. Thanks