And as we've seen, state and federal backstops have become neither affordable nor sustainable in the long term. And while states should remain the primary regulators of insurance, increasingly People are wondering what the federal role can be in buttressing insurance markets or offering alternatives. Dr. Mulder, has the mortgage market already begun to see the knock on effects of the property insurance crisis? (08:13–08:24)
CLAIM
Asserts that there is public interest in the federal government's potential role in supporting insurance markets.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
