What do you think about Trump making a deal with the Democratic Party to temporarily increase the debt ceiling?

Here you go.

http://www.npr.org/2016/05/24/478868270/business-of-disaster-insurance-firms-profited-400-million-after-sandy

Thousands of homeowners across New York and New Jersey were underpaid. Some got just a fraction of their policies.

FEMA runs the government flood program. But it doesn't write the policies or manage the claims. It pays private insurance companies fees to do that work.

When homeowners buy flood insurance, they pay a fee that doesn't actually stay with the insurance company. It goes into a pot of money to the flood program. After a disaster, the insurance companies that participate in the flood program decide how much a homeowner will receive. They then pay homeowners using the pot from the program.

When that money runs out, as it has during big disasters in recent years, taxpayers pay the rest.

And

He says he quit his job in part because he was so bothered by what he was doing. The insurance firms he worked for used phrases like "pre-existing," "earth movement" or "ground settlement" to reject homeowners' claims of flood damage. "They use 'settlement' a lot. 'Sorry your house looks like it shifted to the left a little bit, but I think it was like that when you bought it,' " Coolidge said.

They told him to pay homeowners less than what they asked to be paid to rebuild, he said. He says that put pressure on him to get the independent adjusters in the field in line to back up these conclusions, or else their flat fee was at stake.

Why do you think insurance companies who want to maximize their profits wouldn't do everything possible to pay out as little as possible?

/r/AskTrumpSupporters Thread Parent