Thursday, July 15, 2010

FOXNews.com - House approves overhaul for program providing insurance to those in flood-prone areas

FOXNews.com - House approves overhaul for program providing insurance to those in flood-prone areas: "Among those opposing the bill were Rep. Candice Miller, R-Mich., who said her state 'feels like the ATM machine for this flood program.' Miller, who said Congress should create a national catastrophic fund, said Michigan residents have paid out $200 million in premiums since 1978 while receiving only $44 million in claims."

Would it have been better for Michigan to have more floods? :-/

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