[legion]

Wow PBS, that's pretty ignorant.

1) Insurance companies have "a lot of money" (i.e. reserves) because they are required by law to do so.

2) Most agents are contractors, not employees. They have no power to change the agreement between insureds and insurers.

3) Flood damage, in any form, is specifically listed as an exclusion on every homeowners policy sold by every insurer in this country. This includes "wind-driven storm surge".

What Scruggs is trying to do is make himself richer. Nothing more.

Imagine if you sold a car to someone. You draw up a bill of sale, you get a check, you sign the title over. By your logic, the seller could sue you for your house, because that wasn't specifically excluded from the bill of sale on the car. IT IS EXACTLY THE SAME THING.