Insurance Companies Denying Payments to Katrina Victims

Their reasoning? Damage to homes were caused by flooding, not the hurricane, and the victims had only hurricane insurance.

This is unconscionable. Anyone who has paid any attention to current events knows that there would have been no flooding had there not been a hurricane. Yes, much of the flooding which occurred in New Orleans would not have happened had it not been for the criminality of Bush and his cronies in tax cuts and slow disaster response, but that doesn't negate the fact that the primary cause of the destruction on the Gulf was due to Hurricane Katrina.

Proof that, for insurance companies, it's all about the ducats.