It will be a week or two at least before we get a real good ball park.

The buildings and workers comp will jack up the total costs from this event. The loss of life is incalculable.

Once the government gets into business, they'll want to tell you what to insure and how much to charge. We don't think things like that work very well. We'd rather have a system that allows many companies to compete in a market.

Being out of the Gulf, that's icing on the cake. But results that strong show they have the core principles of underwriting claims very well managed.

The prices all of us pay for insurance in 2002 may be a little higher. Prices were already firming up because insurers' investment returns had been decreasing, and auto and property loss had increased. But this is going to accelerate that process.

We have a blue print for how to make a national or state fund work after the success of the Florida catastrophe fund. Commissioners are calling for special sessions in legislature and are hoping that the process will be more seamless than it was in Florida.