I just read on Foxnews that State Farm has announced it will no longer be writing new homeowner or commercial policies in the state of Mississippi. The company's Vice President of Public Affairs, Mike Fernandez, said that Mississippi's "current legal and political environment is simply untenable. We're just not in a position to accept any additional risk in this homeowners' market."
This is just what a lot of folks have feared would happen. The coastal counties are not the only ones being affected by Hurricane Katrina. The next thing we'll read about is someone in Boise, Idaho, complaining because their insurance premiums have increased dramatically as a result of August 29, 2005!
All I know is that something has got to be done. Other solutions have got to be found. Until something is done and solutions are found, south Mississippi's rebuilding and recovery process will be severely hampered.
Please continue to pray for the situation here on the coast. Pray that the Lord will be glorified in everything that happens here (even things like this)!
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