Patrick Toomey actually said...

That can be very disruptive for the ability of the end user to hedge risks and, therefore, very problematic.

Toomey highlights the potential issues with margin requirements for end users.

07/20/2011

More Patrick Toomey Quotes

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

I am hoping that we can find the common ground necessary to avoid a 17th short-term reauthorization.

But I would think the taxpayers are the people who should support that and not lower-risk policyholders within the NFIP.

Clearly the NFIP systematically underprices flood insurance, and frustratingly, it is the policies of Congress that are the root cause of th...