Some people would come out here and say, 'This is a tragedy. Look what it did to these houses,' ... I'd say, 'This is normal' and 'Look at what these houses are doing to the beach.'

The problem is that none of this is market-based. If individuals were responsible for insuring their homes and individual communities were responsible for restoring their beaches, it would be a whole different scenario.

Unfortunately, we've seen this over and over. We have these disastrous storms and people say, 'Oh my God this is terrible,' and then within a few years those memories fade.

We don't agree with their ends, but they are not madmen. They have a logic, we can understand it.

You can go 20 years without a hurricane. All it takes is one.

We don't predict where the attacks will happen, but we suggest the kinds of targets.