A NISA-styled program has equity, because everybody gets treated the same. I'm saying with caps moved up to a modern level, because the old caps are so far out of touch they're unreasonable. But NISA does not address the one-time really bad hit, and CAIS does. So something along the NISA line in conjunction with truly a disaster insurance--that combination could work.
On April 26th, 2007. See this statement in context.