An acquaintance of mine was describing flooding that some of his relatives are experiencing in the Midwest. He mentioned they didn't have flood insurance, which made me think -- with all this crazy weather from global warming, insurance is going to the be the biggest issue of the coming decade. I know health insurance is hitting a crisis point, what with all aging the baby boomers, but I'm thinking home/flood/fire insurance is next. That'll increase the gap between the haves (have insurance) and the have-nots (can't afford insurance).
Great. Lovely world we're looking at.
It's looking like a good time to start investing in insurance and crisis management companies.
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