What we ought to approach this challenge with is the question, how are we going to protect America's insurance consumers.

That is correct.

Neither can we allow the insurance industry to use the September attacks as an excuse to shirk its rightful role and responsibilities.

We cannot let that happen.

We cannot ask the taxpayer to pick up the entire bill.

We must allow the market to figure out how to price this new risk.

Well, that is a consideration--we cannot do no solution. I do not think we can do that. So let us find the delicate balance.

Mr. Chairman, I believe so. That question never came up because it was never a question of whether it was not to be covered.

Neither can we allow the insurance industry to use the September attacks as an excuse to shirk its rightful role and responsibilities.

The good news is that the insurance industry is clearly capable of taking care of the losses that occurred on September 11.

Yes, sir. It is called the Wind Risk.