Detailed text transcripts for TV channel - CNN - 20170901:10:53:00
Discounted. 2012 congress began to escalate those prices at a pretty quick clip. 2014 they rolled that back, said don't do that. so we ladd an erosion across the country of about 10% of the policy base. i think it's important to take this down to a pocketbook understanding. this is an individual decision made by a homeowners. so look at harris county. we have a high hazard zone. that's that 100-year event. what we've watched with harvey well exceeds it. inside that 100-year event, we call it the high zone. yet half of my policies are outside. so the actuarial rate, they made that choice. those...
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