Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider.

Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From UnitedHealth's M&A vision to the many potential crimes of indexing, here are four charts that tell you what you need to know in business today.

Houston's Pain
A huge amount of Harvey's damage won't be covered by flood insurance; the government needs a better way to pay for the woefully underfunded program.
Source: CoreLogic
That's Progress
Wasn't Amazon supposed to have put Best Buy to the sword by now?
Source: Bloomberg
Leader of the Pack
UnitedHealth continues to do the diversifying deals that have made it an industry leader. And its insurance rivals continue to sit by and watch.
Source: Bloomberg
Research Recession
Add slashed corporate R&D budgets to the crimes being heaped at the feet of over-indexing and horizontal ownership.
Source: Germán Gutiérrez and Thomas Philippon, Bloomberg

And don't miss Chris Bryant on the march of de-equitization: "Factors that affect intrinsic value (earnings) are endlessly debated, as are the impact of central bank asset purchases on stock prices. But rare is the market report that begins: 'The price of equities rose today because there weren’t as many good ones to buy.'"

This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

To contact the author of this story:
Max Nisen in New York at mnisen@bloomberg.net

To contact the editor responsible for this story:
Mark Gongloff at mgongloff1@bloomberg.net