GARY G. MILLER: “A $150 billion loss is outrageous. There is just no excuse for that.”

I have always had a problem with the way they were fundamentally flawed. You had a hybrid situation where the private sector made all the profits, and the taxpayers took all the risk, which was problematic from the beginning.

It is essential that Congress fully understand the impact international regulatory standards will have on the competitiveness of U.S. insurers.

Whether you support GSEs or not, if they are out of the marketplace in this market, it could be devastating.

For the past century, and through multiple financial crises, the State-based insurance regulatory system in the United States has been successful and has protected policyholders.