“There's no getting around the fact that we're incurring higher costs for the insurance protection that we're providing. And unfortunately the consumer is the ultimate bearer of those costs.”
“It's not a bailout. It's not a retroactive solution that we're advocating. It's ensuring that there is adequate protection for consumers. Our ability to protect consumers is finite.”
“Cash bonus and compensation overall is down and is a reflection of earnings of the previous year. These types of compensations are tied to company performance.”