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Volume 32, Issue 1

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Tuesday, 19 February 2019 15:23

Rebuilding After Michael and Divided Between Emotion and Economics

(TNS) - Peggy Wood kept sitting up in bed.

She snatched a legal pad and added to a scattered list of things she used to own.

She imagined she was at her old desk in the Driftwood Inn, and jotted what she saw. Six glaze brushes, an embroidery machine, dressmaker’s scissors. A Nikon camera. Lights for that camera, and a backpack. Perfume she spritzed on before going out to shoot photos.

Each item was a chain link in a new insurance filing after Hurricane Michael ruined the Inn she and her family spent four decades building.

The Woods had received a little more than $2 million in insurance payments by January, mostly from flood policies. They still hoped for at least another $1 million from wind coverage but did not know how much it would cost to rebuild the sprawling motel and its outbuildings, 24 units in all.

$3 million? $10 million?

...

http://www.govtech.com/em/disaster/Rebuilding-After-Michael-and-Divided-Between-Emotion-and-Economics.html