Julie Rockland was one of those this year is the president the insurance institute for business and home safety in June armistice is -- -- for -- UN to Ingram. And very. Very good and and welcome back in and thank you for participating in this. -- the insurance institute for business and home safety exactly what is the organizational. Well we are entirely dedicated to identifying and advocating ways to keep people safe from natural hazards like hurricanes and wildfires earthquakes and things -- We exist really just to research and promote way to keep people communities safe. -- in New York part of the debate done and -- quote here as we consider a win and where it makes sense to rebuild we should remember that there are economic imperatives for development of industry and housing in certain vulnerable areas. Fishing energy tourism shipping on all important parts of prostate in national economies. And you hit the nail on the head when it hopes to Louisiana with that one. But then you go on to say however is specific areas will losses have occurred repeatedly. We must consider priorities to determine when to stop simply putting. The pieces back together in the same way in the same location. At some point it's time to break the cycle of destruction. Sounds logical sounds feasible. How would go about doing it. But a related question it's difficult because it is easy for -- -- sitting here in Florida. Talking about your knickers here you workers someplace else but when you're talking about in your own home -- committee itself is very different. And I think part of the challenge is that it. People uncle -- look at new York New Jersey thing hey we've been through this we've learned our lesson we can teach you got a and people in New Jersey New York thinking this is unique nothing ever happened like this before in the history of mankind. Every disaster is unique -- go into people and talked him when attractions they you know. Maybe the neighbor which shouldn't be hearing more maybe how should be able at that very one on one well it's a really difficult conversation to have because people -- what they live. And wherever they -- they think it's special what it would break so. It's it's a very difficult conversation to have but I think we we do have programs in this country where directly related -- National Flood Insurance Program. Which is that repetitive laws we can offer to -- people out we don't just leave them hanging. Pull all communities had actually been moved in certain states where there's been repetitive flooding. There are grants and loans available to people. You know EEU -- appointed typical conversation. At a one on one level I think and it at a -- a bigger sort of more five to 30000 foot level it's conversation we have to have as a country we don't have and the resources he prevailed. Absolutely where do you anticipate this will have to come from will it be from the insurance industry will loopy. -- government that that. Tells us web based on what insurance. Says to them as far as which areas are most at risk how would you determine. Which areas would. Requiring stricter building standards as opposed to maybe buy outs and moving out. That the -- that you can't really make that call it it would be illegal for companies get together and do what's called -- to basically boycott a particular area. Geographically and so that's not a role for the private insurance and -- again that seat is it individual insurance companies make decisions every day. About how much capital they wanna put at risk and how many properties they would have as basic on their books how many policies they want. And where it's private sector teachers. Have walked away from particular -- the government has stepped in that you targets that are in the National Flood Insurance Program. Was traded because traditional publishers typically historically not treated like he had not covered flood risk because what is that things recur is allotted to exclude people -- -- coverage. Are they want to usage -- spread risk the way you would need to. An insurance entity. So the federal government steps that the vulnerable areas. And that is subsidized. People living in little player so I think oh please it's the federal government. Working with local governments who again have economic compared it to make it. But what the government which say in and they need to be negotiations to say why is this community here how much we spent on building and rebuilding people again. -- -- Waco and -- what were advocating just. Taking a look after major -- thing is or something we can do. Better or differently -- that these people and -- -- -- to go through this terrible tragedy again and again and again. Which are good -- Rodman who is -- president of the insurance institute for business and home safety -- Appear and in on print debate in the New York Times I guess you can also call along lines -- it is available worldwide on the Internet right now. Julie do you foresee that it's going to throw stumbling block into new construction may -- in some some of these areas where you know although. Building is down right now we certainly expected to rebound. And the next year two on May be a little bit longer but when that happens will -- become a factor in whether you will be able to get insurance. -- for a new home or new business in one of these areas and may be declared most solemn. Well I'd you know take that up -- related question because where the government stepped in and says you know what we're not that provide. What insurance -- gears of war have a requirement of these series. When the government -- That really isn't a signal to the private marketplace to about their assessment of the originators -- pick. At outlets and the new Jersey Shore where literally people live within feet of the water line in -- slab on grade not elevated how older houses they were -- code. And and those houses were virtually destroyed by in these titles search people Louisiana and to be out there -- that -- to slap had been scrubbed clean in the what you do. From there and I think. Retail and there's going to be expensive. Because they're going to have to elevate and they're going to have to meet to -- apartments the state of nature is a good strong building code in place. So as a replacing new property. Taking place at all it's gonna cost more to build and of course the demand for built to note there is gonna be high because some property was damaged or destroyed. And that could be accounts of people and an and one of the things they did we need to do it societies look at. Moderate incomes and low income people how they retail each should just -- people who could afford. A very nice complete comprehensive. Private insurance policy and had the means to buy insurance. He can't just look at the other people in camps are your -- your your own. By the same token if you could invest government dollars. In rebuilding simply your help offset cost of construction. Then again they need to -- the building standards so that that money's really that's been in protecting property going forward it would not just gonna keep doing it again and again. Jill one last question. Getting this was called in a text and what what happened falling gas infrastructure in south -- -- Louisiana and companies who are trying. Two investigating get into the energy. Industry here of the do you think that the insurance there is not going to be available does create higher standards form that will become more cost. I think insurance in the private market is going to be available for companies that take steps to reduce risks. Where you take actually. We call risk mitigation managers or things that can protect property from law upfront. That was going to be the businesses that teachers are that'll be in business with. If people have very little pipelines or -- or. Very vulnerable loss. It could be more challenging them to buy insurance and if they do it propaganda works as a pet insurance is for -- basically they evaluated on its way what you're doing risky. -- what you're doing is less risky and -- less risky you'll find the insurance market is probably going to be. -- chasing you and it it's higher risk your pocket in case in the inserts. Julie thanks so much for joining us and is actually stimulating some conversations of very badly needed conversation about the future of rebuilding at taxpayer expense involved bowlers thanks so much we appreciate. It.