Download or read book Earthquake Insurance and Disaster Assistance written by Tom LaTourrette and published by Rand Technical Report. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Click to Read Online In an effort to increase the availability and affordability of insurance for catastrophic events, the Catastrophe Obligation Guarantee Act was introduced in Congress in 2009. One of the arguments in support of this provision is that it lowers insurer costs, which lowers premium rates, increases the number of residents who buy catastrophe insurance, decreases the uninsured loss in disasters, and, ultimately, decreases federal disaster-assistance spending. The California Earthquake Authority, a state-managed catastrophe-insurance program that would qualify for the loan guarantees, sought an estimate of the potential magnitude of this effect for earthquakes in California. As part of the analysis, the report examines the price elasticity for earthquake insurance and relationships between earthquake-insurance coverage and loss compensation. We find that catastrophe obligation guarantees would reduce federal disaster-assistance costs by $3 million to $7 million for every $10 billion in total earthquake loss. Our findings show that changes in insurance coverage would have to be dramatic to have an appreciable impact on uninsured loss and disaster assistance. This result suggests that other avenues for increasing earthquake-insurance coverage, including offering new earthquake-insurance products that provide more-attractive options for consumers, might warrant consideration."--Publisher's description.

Download or read book Natural Disasters written by and published by . This book was released on 2008 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, much attention has been focused on the roles that the private sector and federal government play in providing insurance and financial aid before and after catastrophic events. In this context, the authors examined (1) the rationale for and resources of federal and state programs that provide natural catastrophe insurance; (2) the extent to which Americans living in catastrophe-prone areas of the United States are uninsured and underinsured, and the types and amounts of federal payments to such individuals since the 2005 hurricanes; and (3) public policy options for revising the federal role in natural catastrophe insurance markets.

Download or read book Paying the Price written by Richard J. Roth, Sr. and published by Joseph Henry Press. This book was released on 1998-07-09 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers the effectiveness of insurance coverage for low-probability, high-consequence events such as natural disastersâ€"and how insurance programs can successfully be used with other policy tools, such as building codes and standards, to encourage effective loss reduction measures. The authors discuss the reasons for the dramatic increase in insured losses from natural disasters since 1989 and the concern that insurers have about their ability to provide coverage against more such events in the future. It addresses why there has been an increasing demand for hazards insurance, what types of coverage private insurers are willing to offer, and the role of reinsurance and private-/public-sector initiatives at the state and federal levels for providing protection to victims of natural disasters. Detailed case studies of the challenges facing Florida in the wake of Hurricane Andrew in 1992 and California following the Northridge earthquake in 1994 reveal the challenges facing the insurance industry as well as other concerned stakeholders. The National Flood Insurance Program illustrates how a public-/private-sector partnership can mitigate damages and provide financial protection to victims. The book identifies new initiatives for reducing future losses and providing funds for recovery through cooperation by the relevant parties.

Download or read book Earthquake Insurance and Hazard Mitigation written by United States. Congress. House. Committee on Science, Space, and Technology. Subcommittee on Science, Research, and Technology and published by . This book was released on 1990 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Catastrophic Earthquakes written by United States. Congress. House. Committee on Science, Space, and Technology. Subcommittee on Science and published by . This book was released on 1992 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Disaster Insurance Protection written by Howard Kunreuther and published by John Wiley & Sons. This book was released on 1978 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Earthquake Hazards Reduction Series written by and published by . This book was released on 1985 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Disaster Preparedness written by United States. Office of Emergency Preparedness and published by . This book was released on 1972 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book S 1043 the Natural Disaster Protection and Insurance Act of 1995 written by United States. Congress. Senate. Committee on Commerce, Science, and Transportation and published by . This book was released on 1995 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Earthquake Hazard Mitigation and Earthquake Insurance written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Policy Research and Insurance and published by . This book was released on 1990 with total page 1108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Recovery from Natural Disasters Insurance Or Federal Aid written by Howard Kunreuther and published by . This book was released on 1973 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Earthquake Hazards Reduction written by United States. Working Group on Earthquake Hazards Reduction and published by . This book was released on 1978 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Flood Insurance and Disaster Assistance written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Urban Affairs and published by . This book was released on 1973 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Northridge Earthquake written by Robert Bolin and published by Routledge. This book was released on 2006-04-19 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a global view of the social effects of disaster in developed and developing countries. It focuses on the 1994 Northridge Earthquake in the US and other recent disasters to examine vulnerability and post-disaster recovery strategies. The authors also explore the ways state policy can reduce vulnerability in the future.

Download or read book FEMA Publications Catalog written by United States. Federal Emergency Management Agency and published by . This book was released on 1988 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Earthquake Insurance In California written by Risa I. Palm and published by Routledge. This book was released on 2019-03-07 with total page 147 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on earthquake insurance for homeowners and their attitudes to the earthquake risk. It is based on a survey of California residents completed just a few months before the Lorna Prieta earthquake.

Download or read book Earthquake Hazard Mitigation and Earthquake Insurance written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Policy Research and Insurance and published by . This book was released on 1990 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: