Jeff Merkley actually said...

Am I correct in believing that if a family has to pay $1,000 more a year in flood insurance, one of the costs, if you will, that is essentia...

Is it upon a 1-year renewal, they get a 1-year policy, then upon renewal of that policy, their rates will go to the unsubsidized?

Thank you.

So are you basically saying we are going to have perhaps hundreds of thousands of new homeowners who are going to have deep shock when they ...