Insurers Are Deserting Homeowners After Natural Disasters
As increasingly severe natural disasters ravage the South, insurance companies are abandoning clients, increasing premiums, and fighting regulation measures — forcing homeowners to fend for themselves in the wake of destruction.

Homes destroyed in the wake of Hurricane Ida are shown September 2, 2021 in Grand Isle, Louisiana. (Win McNamee / Getty Images)
As Hurricane Ida approached New Orleans on a sticky August morning in 2021, Janet Tobias listened to the news, trying to decide if she should evacuate. While she packed, family members called to report they were stuck in fleeing traffic. Fueled by abnormally warm waters in the Gulf of Mexico, the storm strengthened rapidly. As it began to pour, Tobias, who is in her sixties, decided she’d have to take her chances at home.
By the time the Category 4 storm made landfall, it was one of the strongest to ever hit Louisiana. It tore through the bayous, lashing boats ashore and splintering telephone poles. Tobias was terrified. Then the power went out. Alone in the darkness, all she could hear was the roar of the wind. “I have never been that scared,” she says.
When the dim morning light finally broke, Tobias found she’d been comparatively lucky: her porch railing was torn off, and eight windows were shattered.