New York Times reporter Paul Vitello writes: "In the last three years, more than three million homeowners have received [nonrenewal or cancellation] letters like the Grays' as insurance companies, determined to avoid another $40 billion Katrina bill, have essentially begun to redraw the outline of the eastern United States somewhere west of the Appalachian Trail." Paul Vitello, "Home Insurers Canceling in East/Millions Losing Policies Over Hurricane Fear" Page A1, Col. 2 (New York Times Nat'l Ed. Tuesday, October 16, 2007), published Online under the headline, "Hurricane Fears Cost Homeowners Coverage". It is not just in the East, Mr. Vitello, and this is not a phenomenon. This is the current way of doing business in the Insurance industry, across every coastline in the country, as witnessed for example in numerous posts on this Web Log. The economy and peoples' ways of living are changing in the United States, perhaps forever. It is a real question whether it is too late to awaken and do something about these huge changes, as people far from the effects of Hurricanes and other Catastrophes, they think, gradually realize that these changes affect them.
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