Cynical and false.<p><a href="http:&#x2F;&#x2F;www.iii.org&#x2F;sites&#x2F;default&#x2F;files&#x2F;paper_HurricaneAndrew_final.pdf" rel="nofollow">http:&#x2F;&#x2F;www.iii.org&#x2F;sites&#x2F;default&#x2F;files&#x2F;paper_HurricaneAndrew...</a><p>Katrina: $47.6 billion paid out.  Andrew: $25.0 billion paid out.  Ike: $13.1 billion paid out.  (Constant 2011 dollars.)<p>See discussion of &quot;wind pool&quot; in the document, by the way: the way Florida works is by having a semi-governmental organization insure wind damage and letting private insurance companies sell &quot;we&#x27;ll insure any risk as long as it isn&#x27;t wind damage&quot; policies.