McGavick appears on Big 'I' CEO Panel - Addresses Disaster Preparedness

Mike McGavick, likely the major Republican opposition to Cantwell in 2006, was given the spotlight at a recent convention of independent insurance agents and brokers. Noting that people are attracted to "geographically interesting" places which also happen to be where natural disasters often happen, McGavick said government can't shoulder the entire burden of large catastrophes, making it all the more important that the policymakers in high risk states be more hospitable to the insurance industry. "We should want the private sector to be the lead responders," said McGavick.

This presents an interesting question: How does a "hospitable" regulatory climate lead to insurance companies who are the "lead responders" to natural disasters?