Katrina runs counter to your point. Even Miami itself does without Katrina level disasters Skipping past all of the other negatives about living in a known dis

Katrina runs counter to your point. Even Miami itself does without Katrina level disasters Skipping past all of the other negatives about living in a known disaster prone area, we couldn’t afford to rebuild even back then without endless deficit spending. As I speak, New Orleans is still in the process of rebuilding post-Katrina decades later. > This is less a signal of "insurance getting smarter" and more of a signal that American excess is coming to an end. They’re not mutually exclusive.