[The Gaijin]

Granted - I think a lot of increases are not about the actual cost of a risk as they are about chasing customers away...

But if you look at the big picture - over the long term - we have built too much in this country (not to mention the piss-poor quality) in flood, wind and storm prone areas. This has been encouraged by lax underwriting by insurance companies, federal flood insurance, bad zoning and shoddy construction pracitices.

The market will determine the cost of insurance in these places and it will not be pretty....