"When you have no liability and all the upside, you know, that is--we would all like to have that business."
"Isn't that true, Mr. Wright?"
"I am pleased that we are starting the process to reform and reauthorize the National Flood Insurance Program early so that we have enough time to fix this complex program once and for all."
"My goal is to make the Flood Insurance Program simple, affordable, fair, efficient, and accountable to consumers and taxpayers."
"To add insult to injury, these millions of dollars came partially from the very policyholders he was fighting in court."
"Now, many have said that we should eliminate the NFIP and simply leave homeowners and communities at the mercy of private insurance companies."
"You cannot just eliminate the NFIP."
"FEMA's private contractors account for more than 90 percent of the cases the Nielsen law firm did everything in its power to drag out the proceedings."
"Sandy was a natural disaster, but the delays, the denials, the disputes they encountered throughout the flood insurance claims process, that was a man-made disaster."
"So while some might think privatizing the program is a simple solution, the truth is far more complicated and dangerous."
"I appreciate you calling for a full hearing on a timely topic."