Abracadabra: anti-concurrent cause and the search for 'illusory' insurance coverage

I was looking through my Bloglines feedreader last night under my folder labeled "anti-concurrent cause," and saw this really good post from the Slabbed blog. This is a fascinating discussion not only of Katrina damage, but of the theory of illusory insurance coverage. It's old, now, the post, from the nostalgia file, but it is still worth talking about. Now, as many of you know, in the course of my work I represent both policyholders and insurance companies, so I really don't have a dog in the fight (apologies to Michael Vick, I know the metaphor might be a touchy subject), and I have no particular ideology when it comes to insurance. I like insurance theory because it, in many ways, is like Plato's Allegory of the Cave, in his Republic: it is merely a metaph