Download or read book National Flood Insurance Program Factors Affecting Actuarial Soundness written by Perry Beider and published by DIANE Publishing. This book was released on 2010-11 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: The vast majority of homes and small commercial buildings that are insured against flood damage in the U.S. are covered by the Nat. Flood Insur. Program (NFIP). Although the flood insurance (FI) program had been largely self-sustaining in the past, it had to borrow $17 billion from the federal Treasury to pay claims after the catastrophic hurricanes of 2005. That borrowing has highlighted questions about the program¿s financial health, including the actuarial soundness of the premium rates charged on policies that are not explicitly subsidized and the cost of paying claims for properties that have suffered multiple flood losses. This report explains how NFIP sets ¿full-risk¿ premium rates for the FI program. Charts and tables.

Download or read book The National Flood Insurance Program written by Perry Beider and published by . This book was released on 2009 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book National Flood Insurance Program Answers to Questions about the NFIP written by and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Insurance and Behavioral Economics written by Howard C. Kunreuther and published by Cambridge University Press. This book was released on 2013-01-28 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the behavior of individuals at risk and insurance industry policy makers involved in selling, buying and regulation.

Download or read book A Unified National Program for Floodplain Management written by United States. Interagency Task Force on Floodplain Management and published by . This book was released on 1986 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prepared by the Interagency Task Force on Floodplain Management. Includes National Flood Insurance Program.

Download or read book Automobile Insurance written by Jean Lemaire and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: The mathematical theory of non-life insurance developed much later than the theory of life insurance. The problems that occur in the former field are far more intricate for several reasons: 1. In the field oflife insurance, the company usually has to pay a claim on the policy only once: the insured dies or the policy matures only once. It is with only a few particular types of policy (for instance, sickness insurance, when the insured starts working again after a period of sickness) that a valid claim can be made on a number of different occasions. On the other hand, the general rule in non-life insurance is that the policyholder is liable to be the victim of several losses (in automobile insurance, of course, but also in burglary and fire insurance, householders' comprehensive insurance, and so on). 2. In the field of life insurance, the amount to be paid by the company excluding any bonuses-is determined at the inception of the policy. For the various types of life insurance contracts, the sum payable on death or at maturity of the policy is known in advance. In the field of non-life insurance, the amount of a loss is a random variable: the cost of an automobile crash, the partial or totalloss of a building as a result of fire, the number and nature of injuries, and so forth.

Download or read book Home Builder s guide to coastal construction written by Federal Emergency Management Agency and published by Government Printing Office. This book was released on 2012-10-15 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: NOTE: NO FURTHER DISCOUNT FOR THIS PRINT PRODUCT -- OVERSTOCK SALE -- Signficantly reduced lsit price FEMA produced this series of 37 fact sheets to provide technical guidance and recommendations concerning the construction of coastal residential buildings. The fact sheets present information aimed at improving the performance of buildings subject to flood and wind forces in coastal environments. Photographs and drawings illustrate National Flood Insurance Program (NFIP) regulatory requirements, the proper siting of coastal buildings, and recommended design and construction practices for building components, including structural connections, the building envelope, and utilities. Many of the fact sheets also include lists of FEMA and other resources that provide more information about the topics discussed. Where appropriate, resources are accompanied by active web links. A list of the individual fact sheets that are contained inFEMA P-499, follows.Category 1 GeneralFact Sheet No. 1.1, Coastal Building Successes and FailuresFact Sheet No. 1.2, Summary of Coastal Construction Requirements and RecommendationsFact Sheet No. 1.3, Using a Flood Insurance Rate Map (FIRM)Fact Sheet No. 1.4, Lowest Floor ElevationFact Sheet No. 1.5, V-Zone Design and Construction CertificationFact Sheet No. 1.6, Designing for Flood Levels Above the BFEFact Sheet No. 1.7, Coastal Building MaterialsFact Sheet No. 1.8, Non-Traditional Building Materials and SystemsFact Sheet No. 1.9, Moisture Barrier Systems Category 2 Planning Fact Sheet No. 2.1, How Do Siting and Design Decisions Affect the Owner's Costs?Fact Sheet No. 2.2, Selecting a Lot and Siting the Building Category 3 Foundations Fact Sheet No. 3.1, Foundations in Coastal AreasFact Sheet No. 3.2, Pile InstallationFact Sheet No. 3.3, Wood-Pile-to-Beam ConnectionsFact Sheet No. 3.4, Reinforced Masonry Pier ConstructionFact Sheet No. 3.5, Foundation Walls Category 4 Load Paths Fact Sheet No. 4.1, Load PathsFact Sheet No. 4.2, Masonry DetailsFact Sheet No. 4.3, Use of Connectors and Brackets Category 5 Wall Systems Fact Sheet No. 5.1, HousewrapFact Sheet No. 5.2, Roof-to-Wall and Deck-to-Wall FlashingFact Sheet No. 5.3, Siding Installation in High-Wind RegionsFact Sheet No. 5.4, Attachment of Brick Veneer In High-Wind Regions Category 6 Openings Fact Sheet No. 6.1, Window and Door InstallationFact Sheet No. 6.2, Protection of Openings Shutters and Glazing Category 7 - Roofing Fact Sheet No. 7.1, Roof Sheathing InstallationFact Sheet No. 7.2, Roof Underlayment for Asphalt Shingle RoofsFact Sheet No. 7.3, Asphalt Shingle Roofing for High-Wind RegionsFact Sheet No. 7.4, Tile Roofing for High-Wind AreasFact Sheet No. 7.5, Minimizing Water Intrusion through Roof Vents in High-Wind RegionsFact Sheet No. 7.6, Metal Roof Systems in High-Wind Regions Category 8 Attachments Fact Sheet No. 8.1, Enclosures and Breakaway WallsFact Sheet No. 8.2, Decks, Pools, and Accessory StructuresFact Sheet No. 8.3, Protecting Utilities Category 9 Repairs Fact Sheet No. 9.1, Repairs, Remodeling, Additions, and Retrofitting FloodFact Sheet No. 9.2, Repairs, Remodeling, Additions, and Retrofitting Wind Category G Guide Fact Sheet No. G.1, Technical Fact Sheet GuideFact Sheet No. G.2, References and Resources"

Download or read book Reducing Damage from Localized Flooding written by United States. Federal Emergency Management Agency and published by . This book was released on 2005 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Catastrophe Modeling written by Patricia Grossi and published by Springer Science & Business Media. This book was released on 2006-01-27 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the research that has been conducted at Wharton Risk Management Center over the past five years on catastrophic risk. Covers a hot topic in the light of recent terroristic activities and nature catastrophes. Develops risk management strategies for reducing and spreading the losses from future disasters. Provides glossary of definitions and terms used throughout the book.

Download or read book Disaster Resilience written by National Academies and published by National Academies Press. This book was released on 2012-12-29 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: No person or place is immune from disasters or disaster-related losses. Infectious disease outbreaks, acts of terrorism, social unrest, or financial disasters in addition to natural hazards can all lead to large-scale consequences for the nation and its communities. Communities and the nation thus face difficult fiscal, social, cultural, and environmental choices about the best ways to ensure basic security and quality of life against hazards, deliberate attacks, and disasters. Beyond the unquantifiable costs of injury and loss of life from disasters, statistics for 2011 alone indicate economic damages from natural disasters in the United States exceeded $55 billion, with 14 events costing more than a billion dollars in damages each. One way to reduce the impacts of disasters on the nation and its communities is to invest in enhancing resilience-the ability to prepare and plan for, absorb, recover from and more successfully adapt to adverse events. Disaster Resilience: A National Imperative addresses the broad issue of increasing the nation's resilience to disasters. This book defines "national resilience", describes the state of knowledge about resilience to hazards and disasters, and frames the main issues related to increasing resilience in the United States. It also provide goals, baseline conditions, or performance metrics for national resilience and outlines additional information, data, gaps, and/or obstacles that need to be addressed to increase the nation's resilience to disasters. Additionally, the book's authoring committee makes recommendations about the necessary approaches to elevate national resilience to disasters in the United States. Enhanced resilience allows better anticipation of disasters and better planning to reduce disaster losses-rather than waiting for an event to occur and paying for it afterward. Disaster Resilience confronts the topic of how to increase the nation's resilience to disasters through a vision of the characteristics of a resilient nation in the year 2030. Increasing disaster resilience is an imperative that requires the collective will of the nation and its communities. Although disasters will continue to occur, actions that move the nation from reactive approaches to disasters to a proactive stance where communities actively engage in enhancing resilience will reduce many of the broad societal and economic burdens that disasters can cause.

Download or read book Alluvial Fan Flooding written by National Research Council and published by National Academies Press. This book was released on 1996-10-07 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Alluvial fans are gently sloping, fan-shaped landforms common at the base of mountain ranges in arid and semiarid regions such as the American West. Floods on alluvial fans, although characterized by relatively shallow depths, strike with little if any warning, can travel at extremely high velocities, and can carry a tremendous amount of sediment and debris. Such flooding presents unique problems to federal and state planners in terms of quantifying flood hazards, predicting the magnitude at which those hazards can be expected at a particular location, and devising reliable mitigation strategies. Alluvial Fan Flooding attempts to improve our capability to determine whether areas are subject to alluvial fan flooding and provides a practical perspective on how to make such a determination. The book presents criteria for determining whether an area is subject to flooding and provides examples of applying the definition and criteria to real situations in Arizona, California, New Mexico, Utah, and elsewhere. The volume also contains recommendations for the Federal Emergency Management Agency, which is primarily responsible for floodplain mapping, and for state and local decisionmakers involved in flood hazard reduction.

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 Managing Floodplain Development Through the National Flood Insurance Program written by and published by FEMA. This book was released on 1998 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this home study course is to enhance the knowledge and skills of local officials responsible for administering and enforcing local floodplain management regulations. It is also intended to broaden their understanding of floodplain management strategies that can be applied at the local level.

Download or read book The Impacts of Natural Disasters written by National Research Council and published by National Academies Press. This book was released on 1999-05-06 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: We in the United States have almost come to accept natural disasters as part of our nation's social fabric. News of property damage, economic and social disruption, and injuries follow earthquakes, fires, floods and hurricanes. Surprisingly, however, the total losses that follow these natural disasters are not consistently calculated. We have no formal system in either the public or private sector for compiling this information. The National Academies recommends what types of data should be assembled and tracked.

Download or read book Human Links to Coastal Disasters written by and published by . This book was released on 2002 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book National Flood Insurance Program Background Challenges and Financial Status written by and published by DIANE Publishing. This book was released on with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Socioeconomic Effects of the National Flood Insurance Program written by James P. Howard, II and published by Springer. This book was released on 2016-04-20 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Brief presents a benefit-cost analysis of the National Flood Insurance Program (NFIP) as well as an evaluation of its cumulative socioeconomic effects. Created by Congress in 1968, the NFIP provides flood insurance protection to property owners, in return for local government commitment to sound floodplain management. Since 1994, the NFIP has included a Flood Mitigation Assistance (FMA) program to provide local communities with support for flood mitigation. This book offers quantitative evidence of the net social benefit of the NFIP for the years 1996-2010, including an independent assessment of the consumer benefit. Second, it provides distributionally weighted analysis to show the socioeconomic effects of payments and claims. Finally, this Brief includes an analysis of the change in government revenue attributable to the NFIP and FMA programs. The models used in each component of the analysis are usable by others for extending and revising the analysis. Providing a comprehensive analysis of this increasingly important federal policy, this Brief will be of use to students of environmental economics and public policy as well as those interested in risk management in the era of climate change.