Jeff Merkley actually said...

So, in short, the folks who live on a stream in Oregon are not subsidizing a hurricane zone on the Atlantic coast.

I am very concerned that the unaffordability of flood insurance will cause people to drop their flood insurance.

Absolutely. I really appreciate your testimony on that topic when you talked about the 25-percent loss ratio.

And so we are creating something where homeowners who have built up equity over their lifetimes, maybe they have owned the home 30 years, ar...