Allstate Insurance company will no longer be underwriting houses effective in July. No changes will occur for existing customers. The move is supposedly to "limit its exposure to catastrophe" such as earthquakes. Allstate has also trimmed coastal exposure in other states that are prone to natural catastrophes. Allstate has also stopped writing new homeowners policies in Connecticut, Delaware, Florida and New Jersey as well as in eight coastal New York counties. Source: CBS5.com.
[Updated May 30, 2008] I forgot to publish this post to the front page, whoops! The two links still have excellent information. In particular, Dave’s Landslide Blog has coverage of the many landslide lakes and the efforts to breach some of them. [/Update]
The latest numbers according to AFP, Worldwide News Agency, is 71,000 dead, missing or buried and over 5 million homeless. There were many victims that were buried by landslides and rockfall. In the past few days 200 rescue workers have been buried by mudslides.