Download or read book Final Report Academic Task Force on Hurricane Catastrophe Insurance written by Academic Task Force on Hurricane Catastrophe Insurance (Fla.) and published by . This book was released on 1995 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Final Report Academic Task Force on Hurricane Castrophe sic Insurance written by Academic Task Force on Hurricane Catastrophe Insurance (Fla.) and published by . This book was released on 1995 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Final Report written by Academic Task Force on Hurricane Catastrophe Insurance (Fla.) and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Catastrophe Insurance written by Martin F. Grace and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1. THE PROBLEM OF CATASTROPHE RISK The risk of large losses from natural disasters in the U.S. has significantly increased in recent years, straining private insurance markets and creating troublesome problems for disaster-prone areas. The threat of mega-catastrophes resulting from intense hurricanes or earthquakes striking major population centers has dramatically altered the insurance environment. Estimates of probable maximum losses (PMLs) to insurers from a mega catastrophe striking the U.S. range up to $100 billion depending on the location and intensity of the event (Applied Insurance Research, 2001).1 A severe disaster could have a significant financial impact on the industry (Cummins, Doherty, and Lo, 2002; Insurance Services Office, 1996a). Estimates of industry gross losses from the terrorist attack on September 11, 2001 range from $30 billion to $50 billion, and the attack's effect on insurance markets underscores the need to understand the dynamics of the supply of and the demand for insurance against extreme events, including natural disasters. Increased catastrophe risk poses difficult challenges for insurers, reinsurers, property owners and public officials (Kleindorfer and Kunreuther, 1999). The fundamental dilemma concerns insurers' ability to handle low-probability, high-consequence (LPHC) events, which generates a host of interrelated issues with respect to how the risk of such events are 1 These probable maximum loss (PML) estimates are based on a SOD-year "return" period.

Download or read book Paying the Price written by Richard J. Roth, Sr. and published by Joseph Henry Press. This book was released on 1998-08-09 with total page 319 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 Federal Reinsurance for Disasters written by David Torregrosa and published by DIANE Publishing. This book was released on 2002 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Hurricane Andrew written by Walter Gillis Peacock and published by Routledge. This book was released on 2012-11-12 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how social, economic and political factors set the stage for Hurricane Andrew by influencing who was prepared, who was hit the hardest, and who was most likely to recover. Employing unique research data the authors analyze the consequences of conflict and competition on disaster preparation, response and recovery, especially where associated with race, ethnicity and gender.

Download or read book Homeowners Insurance Availability in Disaster Prone Areas written by United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Housing and Community Opportunity and published by . This book was released on 1997 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Policy Issues in Insurance Terrorism Risk Insurance in OECD Countries written by OECD and published by OECD Publishing. This book was released on 2005-07-05 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents OECD policy conclusions and leading academic analysis on the financial management of terrorism risk nearly four years after the World Trade Centre attacks.

Download or read book Oversight of Gulf Coast Hurricane Recovery written by President's Council on Integrity and Efficiency (U.S.) and published by . This book was released on 2006-04 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Preliminary Report written by Academic Task Force on Hurricane Catastrophe Insurance (Fla.) and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book CPCU Journal written by Society of Chartered Property and Casualty Underwriters and published by . This book was released on 1997 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Task Force on Long Term Solutions for Florida s Hurricane Insurance Market written by Florida. Task Force on Long-Term Solutions for Florida's Hurricane Insurance Market and published by . This book was released on 2006 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Failure of Initiative written by United States. Congress. House. Select Bipartisan Committee to Investigate the Preparation for and Response to Hurricane Katrina and published by . This book was released on 2006 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Financial Risk Management for Natural Catastrophes written by Neil Richard Britton and published by . This book was released on 1997 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book H R 3355 written by United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity and published by . This book was released on 2008 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book American Hazardscapes written by Susan L. Cutter and published by Joseph Henry Press. This book was released on 2002-02-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Barrier islands. Flood plains. Earthquake faults. Sometimes the environment poses threats to our well being, yet many of us continue to choose to live in risky or dangerous places. And on top of the "knowns" are the other, more hidden hazards related to environmental contamination that pose equally serious threats to our health and well being. But where are these places and what types of hazards are found there? American Hazardscapes examines the risks associated with living and owning property in diverse regions across the United States, offering dual perspectives: that of the geographer and that of the social science hazards researcher. The book summarizes what we already know about regional patterns of hazard events and losses during the previous three decades and goes further to shed light on the nature of the events themselves and their impact on society. Written for the relocating citizen and the policy maker alike, American Hazardscapes presents a regional ecology of disaster-prone or disaster-resistant states. It also offers thoughts on what local, state, and federal managers need to do to meet the challenge of reducing hazard losses in the next century.