Was Noah Covered?

Recent editorials lambasting attempts to bully insurers intopaying billions in claims for hurricane-related flood damageexcluded in standard homeowner policies prompted a number ofanxious responses. Most came from agents concerned about anotherpotential threat–errors and omissions claims.

Their fear is that regardless of whether the flood exclusionsurvives legal attacks, those who did not buy coverage from theNational Flood Insurance Program are likely to rise up–individuallyor as part of a monster class action–to seek compensation fromtheir agents.

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