Those Evil Insurance Companies

From Newsday:  Long after the electricity returns and the gas lines end, experts say, last week's massive storm is likely to take another swipe at Long Islanders by driving up the cost of homeowners insurance.
Private insurance companies are expected to pay out $10 billion to $20 billion to cover damages wrought by Sandy's powerful winds, according to estimates from disaster modeling firms, putting it among the five most expensive U.S. storms in the past 25 years. New York was the state hit hardest, the estimates found, with between $3.4 billion and $6.8 billion in damages.
"Given the magnitude of the event, it would not be a surprise to see an increase in the price of premiums on Long Island, particularly for homes in coastal areas," said Randy Dumm, a Florida State  
http://www.newsday.com/business/experts-sandy-may-raise-insurance-rates-1.4203457
They actually have a college paying a professor to tell us that if you have a hurricane or other natural disaster, insurance rates go up?
What the hell do these liberals on Long Island think, that the insurance companies are will be just so happy to eat these costs associated with Hurricane Sandy?
Morons.