This reader is probably right:
Did not feel like registering so I did not read the Trib story. But I also think we can expect a flood of carpet-bagging class-action lawyers to file bad-faith lawsuits against insurance companies claiming that the homeowners were fraudulently denied flood coverage and other nefarious acts on the part of insurers. Another trick that they will certainly play is to claim that the damage is wind-related, not flood related. Wind damage is standard in homeowner policies. But you are right in your point– after the dust settles, we will all pick up the tab. Like the officer in Full Metal Jacket says–”It’s a huge $%#@ sandwich, and we’re all gonna have to take a bite.”