OK so if closing Wall St won't get attention on global warming maybe the Insurance Lobby will

[live love laugh]

once they begin paying billions to those devastated by this storm--with the prospect of future storms to come...hey...it could happen.

[BlueStreak]

1. The attention will come from coastal governors.

This flooding of Manhattan was bound to happen. Yes, this was an unusual confluence of events (a huge storm, a landing point right at NJ and NY, and a full moon (highest lunar tide). But if not Sandy, it was going to happen before very long.

We truly are getting to the point that we'll have to start building defenses around NYC, just as the Netherlands has done for centuries. But in this case, the cost and urgency will be sky high.

Maybe other coastal areas aren't so valuable as to force a big response, but the flooding of NYC is huge. It has been over 100 years since the stock market had to close 2 days in a row due to weather.

[defacto7]

2. good point...

You'd think....

[Old and In the Way]

3. At some point, insurance companies will be unable to cover the costs of climate change.

Wonder what the solution of last resort will be? Private savings accounts for property insurance?

[Mr.Bill]

4. Oh, yeah, they'll respond, alright.

By raising rates.

[Joe Shlabotnik]

5. +1

ya, and not rates on the 1% either. That kind of socialism is reserved for raising your auto-rates, and every other unrelated rate spread wide across the country. The big boys cry a lot, but if they knew they weren't covered than they would be able to stomach a 1:1 game.