One hurricane on the Texas coast. Poof! No more insurance

Look, insurance is broken. For the people. Why is insurance private anyway? It seems like helping people out after a disaster is what government is all about. Spreading the risk. Helping out in time of need. If someone abuses that help, by building in a vulnerable place without due diligence, then the government is in the best position to prohibit such building. Texas insurance policy, always for the insurance industry, is not helping. As a result, insurance industry officials said Friday at th