Business cannot abdicate this responsibility. These are business events. They will affect the business. This can't be slid off onto IT.

People act on fear a lot, and in fear there may be a financial impact. We don't want people going and buying generators when they should be out buying jeans.

We don't have to worry about product liability. No one has ever died from a pair of jeans -- that we know of.

I would abdicate.

Congressman Jim Davis chose to abdicate his responsibility to his constituents for a chance to take political shots at Gov. Bush. This legislation is too important to our security to play politics, or even worse, fail to show up.

I think what attracted hedge funds (to the reinsurance business) was that these are random events that don't correlate to bond markets and stocks, and you get certainty pretty quickly. You either have the loss or you don't.