Who is paying for the flood damages?

I shouldn't be asking this question as the answer is obvious. Someone's slip and well, it was just a slip. Maybe it is not a slip, just an insurmountable act of god. The insurance premiums for the shops and houses are going up. And the insurers, would they be content with just those affected by the floods? For safety measures, they will apply the new premiums to as many insurees as possible. I am not suggesting that more bonuses could also be bundled into the premiums. The building owners too will have to upgrade their structures and services and all the cost will go the way of the tenants as well. The shopkeeper will know what to do. They are not going to bear the cost for sure. The price of their goods and services are going to go up. Not sure how the owner occupied properties are going to spread the cost or pass the buck. In general, all the consumers will have to pay for this act of god that no human feats can overcome. And some silly buggers are comparing how lucky we are by looking at China and other countries. For one, their wrath of nature is many times for formidable than ours. Our rainfall is like a tropical thunderstorm. Yes it is a tropical thunderstorm that we have lived with for many generations. What is all this nonsense about typhoons being in the picture? And for a little piece of rock and we can't deal with it? Nevermind, just bear with it and with the higher cost coming our way. Maybe we need to import more super talented FTs to help us. Just make sure they don't recommend that when it is going to flood, move to higher grounds.