Ron Johnson actually said...

Do you think people would build $1 million, $2 million homes right on the beach if they had to pay the full cost of the risk on their insura...

Well, we have that interference, correct?

If the Federal Government is the 800-pound gorilla... is that a real disincentive to do the resiliency?

As you said in your testimony, the insurance industry has a unique capacity to provide that discipline.