Insurance Law

One of the co-bloggers here at RP is confined to his house out (on a hill luckily for him) in Iowa City.  He spent the weekend making sandbags to protect the University.  I asked Ty why there isn't the Katrina-like hue and cry about this flood.  He said maybe it is because they had one in 93 that was pretty bad and people understood the risk.  Ty, being a professor of risk management,  chose to buy his house on the hill for that reason too.

However, at TigerHawk they are talking about differences between the GF08 (Great Flood of aught 8) and Katrina in the comments to this post.  The conversation ranges from Bush did it, to discussions of class and race, to self dependence v. government dependence, and to the differences between a levy burst and a river flood. It is pretty interesting.

N.B. Is is likely that there will be a strong need for private help as well as help for the University of Iowa if one is so inclined.