Michael Capuano actually said...

I know a couple of things. And the one thing I know is that we have flood insurance because we haven't found a better way to do it.

Capuano acknowledges the necessity of government-backed flood insurance due to lack of alternatives.

11/18/2014

More Michael Capuano Quotes

So you think he should. I get it.

I would agree with that wholeheartedly.

I personally think we should have a natural disaster insurance fund as opposed to simply flood insurance, because I don't think people care.

I don't believe we could do that today.