Patrick Toomey actually said...

there is a way to have a sort of independent verification of whether or not the risk pricing is as fair as it can be

I think the current system of NFIP is not working properly, it is problematic for taxpayers who have to bail it out, year in and year out.

I think about the repetitive loss and severe repetitive loss properties in particular.

The NFIP really should not be considered an insurance program at all.