same with NY.
my agent said they wont cancel existing accounts.
after the 2005 season they must be hurting. It sounds like a reasonable business decision to me.
They may have been hurting after 2005 but I understand they reaped windfall profits after a relatively quiet 2006.
Actually events like Katrina are windfalls for insurance companies. They get to raise their rates and dump high risk policy-holders, make back their losses(usually quite small due to re-insurance) in a couple years, and enjoy the increased premiums and lower risk profiles for eternity.