Detailed text transcripts for TV channel - FOXNEWS - 20110513:17:07:00
Doesn't have flood insurance that is actually common. we haven't even begun to talk about hurricane season yet. what is happening with the insurance companies you have so far five billion dollar storms as you mentioned. this is affecting every single one of these companies. it will drive up rates. they are on the ground, they have centers set up for people to come in to get help. all of them do, all state farmers. at the same time to actually begin to give an assessment to wall street to the folks there, what this is going to cost they have no idea. this is just the beginning of what we're goi...