Small print in most Katrina victims *Hurricane* policy states policy does not protect against storm surge. Storm surge is the most damaging part of a hurricane. Insurance companies collect billions in premiums for years, get investment returns on the proceeds, and then don't even have to pay damages when the event occurs. The hook was set years before when they excluded the real source of the damage from hurricanes, and still called it a hurricane policy. Bring back tarring and feathering.