Download or read book Using the Insurance and Finance Industries to Influence Purchase of Earthquake Insurance written by James M. Brown and published by . This book was released on 1989 with total page 306 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 1991 with total page 1100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Utilization of the Mortgage Finance and Insurance Industries to Induce the Private Procurement of Earthquake Insurance written by James M. Brown and published by . This book was released on 1989 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Earthquake Insurance Availability written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development and published by . This book was released on 1980 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Earthquakes 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 1522 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Earthquake Insurance written by and published by . This book was released on 1987 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 After a California Earthquake written by Risa Palm and published by University of Chicago Press. This book was released on 1992-04-15 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shortly before the Loma Prieta earthquake devastated areas of Northern California in 1989, Risa Palm and her associates had surveyed 2,500 homeowners in the area about their perception of risk from earthquakes. After the quake they surveyed the homeowners again and found that their perception of risk had increased but that most respondents were fatalistic and continued to ignore self-protective measures; those who personally experienced damage were more likely to buy insurance. A rare opportunity to analyze behavior change directly before and after a natural disaster, this survey has implications for policy makers, insurance officials, and those concerned with risk management.
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 540 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 Financial Management of Earthquake Risk written by Earthquake Engineering Research Institute and published by . This book was released on 2000 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This white paper provides an overview of the following: 1) how financial risk is managed in the residential, commercial, small business, lifelines and government sectors; 2) how risk can be reduced, transferred or avoided through the use of insurance, mortgages and capital market instruments; and 3) how earthquake engineering expertise fits into this process. The discussion should be useful for the following audiences: 1) engineering students and faculty in understanding different career options that use engineering knowledge; 2) practicing engineers in understanding how the information they provide to various clients is part of the larger process of financial risk management; and 3) financial managers in gaining a better understanding of how the financial and earthquake engineering communities are interrelated.
Download or read book Earthquake Insurance in Turkey written by and published by World Bank Publications. This book was released on 2006-01-01 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: The persistent potential for large scale natural disasters has become a real concern for the Turkish government since the late 1990s, which ultimately led to the establishment of the Turkish Catastrophe Insurance Pool (TCIP). Among the main rationale of the creation of the TCIP were a grave government fiscal exposure to natural disasters and a disproportionately low level of catastrophe insurance penetration for such a disaster-prone country. Since the commencement of this program in 2000, the TCIP has provided coverage to more than 2 million households, being by far the largest insurance program in the country. In four years, the TCIP has managed to become one of the most trusted brand names in the Turkish insurance industry, and one of the largest catastrophe insurance pools in the world. Its success has also brought an international recognition, inspiring more than a dozen of countries world wide. The TCIP experience has also been a watershed for the World Bank as it has led to a rethinking of the roles of ex ante risk management relative to ex post donor support. This book presents the main technical imperatives and challenges in the development and the implementation of the TCIP and shows how a public-private partnership may be the way forward in the financing of natural disasters. If offers valuable advise and guidelines to policymakers involved in the development of catastrophe insurance programs.
Download or read book A Consumer s Guide to Earthquake Insurance written by National Association of Insurance Commissioners and published by . This book was released on with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Reinsurance for Disasters written by David Torregrosa and published by Government Printing Office. This book was released on 2002 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: A CBO Study. Analyzes proposals for federal reinsurance of risks from terrorism and natural disasters. Policymakers have developed two types of federal proposals to increase the supply of property and casualty insurance. Under one set of options, which was created following Hurricane Andrew in August 1992 and the Northridge earthquake in January 1994, the federal government would auction reinsurance contracts to primary insurance companies and state-sponsored insurers. Reinsurance is an established practice among private insurers. By buying reinsurance, primary insurers spread the risk of loss more widely and strengthen their ability to insure against catastrophes. The intent of those proposals is to offer federal reinsurance when coverage is in short supply, at market prices that are expected to cover the government’s costs. By contrast, under proposals developed since September 11, the government would pay for most losses from a terrorist attack directly, without reimbursement or with only partial reimbursement. Even though one type of proposal was created in response to natural disasters and the other from an act of terrorism, both types could be considered viable alternatives, whatever the source of catastrophic loss. A key consideration in Congressional deliberations about disaster reinsurance is how the property and casualty industry would respond without federal intervention. That is, would the private supply of insurance rebound quickly? A fast recovery would counter a potential slowdown in construction, an industry in which insurance is often required for financing. Alternatively, is the risk of terrorism uninsurable, such that supply could not recover without the government’s assistance? Furthermore, given that the Congress may need to act without fully understanding the industry’s ability to respond, are there policies that could avoid undermining private activity while providing a backstop to private efforts if they proved inadequate? How much would such policies cost taxpayers and the government? This Congressional Budget Office (CBO) study examines the market for property and casualty insurance; the market’s response to recent large, unanticipated losses; and policies that the Congress is considering to increase the availability of insurance. Related items: Ready... Set... Prepare: A Disaster Preparedness Activity Book for Ages 4 to 7 is available at GPO here: https://bookstore.gpo.gov/products/sku/064-000-00056-0 Ready...Set...Prepare: A Disaster Preparedness Activity Book for Ages 8 to 11 is available at GPO here: https://bookstore.gpo.gov/products/sku/064-000-00057-8 Are You Ready?: An In-Depth Guide to Citizen Preparedness is available at GPO here: https://bookstore.gpo.gov/products/sku/064-000-00058-6 Taking Shelter From the Storm: Building a Safe Room for Your Home or Small Business; Includes Construction Plans (CD) can be found here: https://bookstore.gpo.gov/products/sku/064-000-00069-1?ctid=528 Rapid Visual Screening of Buildings for Potential Seismic Hazards: A Hanbook is available here: https://bookstore.gpo.gov/products/sku/064-000-00060-8 Disaster Preparedness collection is available at GPO here: https://bookstore.gpo.gov/catalog/disaster-preparedness Natural & Environmental Disasters collection is available at GPO here: https://bookstore.gpo.gov/catalog/natural-environmental-disasters
Download or read book The Financing of Catastrophe Risk written by Kenneth A. Froot and published by University of Chicago Press. This book was released on 2007-12-01 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is it possible that the insurance and reinsurance industries cannot handle a major catastrophe? Ten years ago, the notion that the overall cost of a single catastrophic event might exceed $10 billion was unthinkable. With ever increasing property-casualty risks and unabated growth in hazard-prone areas, insurers and reinsurers now envision the possibility of disaster losses of $50 to $100 billion in the United States. Against this backdrop, the capitalization of the insurance and reinsurance industries has become a crucial concern. While it remains unlikely that a single event might entirely bankrupt these industries, a big catastrophe could place firms under severe stress, jeopardizing both policy holders and investors and causing profound ripple effects throughout the U.S. economy. The Financing of Catastrophe Risk assembles an impressive roster of experts from academia and industry to explore the disturbing yet realistic assumption that a large catastrophic event is inevitable. The essays offer tangible means of both reassessing and raising the level of preparedness throughout the insurance and reinsurance industries.
Download or read book Factors Impacting the Purchase of Earthquake Insurance written by Michael E. Kennedy and published by . This book was released on 1993 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Earthquakes 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 1430 pages. Available in PDF, EPUB and Kindle. Book excerpt:
