In essence we are insolvent now.

We would have been technically insolvent had they not done that.

In essence the homeowner can still end up getting zero.

Residents should not be worried that the flood insurance program is insolvent. Be assured, we're not going belly-up, and we're not going away.

I've taken a look back at my body of work and tried to deduce an essence, capturing aspects that reoccur. Reflecting on your own product can be difficult yet enthralling.

These humiliations are the essence of the game.