03/08/2011
https://www.congress.gov...
"Do you have any estimates so far of how much of the cost of the disaster is going to be borne by private insurance versus State governments versus the Federal Government?"
"The bottom line is I think the solution here is reduce the complexity."
"Just from premiums."
"I truly appreciate the fact that you really are looking at the Flood Insurance Program and working through those very difficult issues."