The recent flooding in the Midwest reminds us again of the tenuous relationship we share with nature. Living at the whim and idiosyncrasies of the weather may imply that we are merely victims but if you look close, we may be as much if not more to blame due to our locational choices. But do such natural disaster affect the way we purchase property insurance or vice versa? It reminded me of the chapter summaries I wrote for one of my classes last year. I am sharing one of them below: