Search Results

open access

California Wildfires: The Role of Disaster Insurance

Description: This report discusses the tragic consequences of the wildfires that struck Southern California in October 2007, which have given renewed attention to the partnership between private providers of disaster insurance and the federal government. It also discusses the role of disaster insurance in that incident.
Date: October 25, 2007
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department
open access

National Flood Insurance Program: Background, Challenges, and Financial Status

Description: In 1968, Congress created the National Flood Insurance Program (NFIP) to address the increasing costs of taxpayer-funded disaster relif for flood victims and the increasing amount of damage caused by floods. This report provides an analysis of the NFIP and its financial status; summarizes the major challenges facing the program, including issues affecting its long-term financial solvency; presents some alternative approaches for managing and financing the flood losses; and describes pending leg… more
Date: May 9, 2011
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department
open access

The National Flood Insurance Program: Status and Remaining Issues for Congress

Description: This report provides an analysis of flood risk management, summarizes major challenges facing the National Flood Insurance Program (NFIP), and outlines key reforms in the recently enacted Biggert-Waters Flood Insurance Reform Act of 2012. The report also identifies and presents some key remaining flood management issues for congressional considerations, and it concludes with a discussion of relevant policy options for the future financial management of flood hazards in the United States.
Date: December 10, 2012
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department
open access

Deepwater Horizon Oil Spill Disaster: Risk, Recovery, and Insurance Implications

Description: This report begins with a review of the Deepwater Horizon incident and identifies the limits of liability facing the operators of offshore oil rigs. The next two sections of the report examine risk management in the offshore energy exploration and production business, the scope of the oil spill financial responsibility and insurance requirements, and the marine insurance industry that offers specialized coverage for offshore oil and gas firms. The fourth section outlines the various approaches … more
Date: July 12, 2010
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department
open access

Efforts to Delay the Gradual Elimination of Flood Insurance Premium Subsidies

Description: This report examines legislative efforts in Congress to delay the gradual phase-out of subsidized flood insurance premiums, which is required under Sections 100205 and 100207 of P.L. 112-141, the Biggert-Waters Flood Insurance Reform and Modernization Act of 2012. This new law extended the authorization for the National Flood Insurance Program (NFIP) for five years, through September 30, 2017, while requiring significant program reforms affecting flood insurance, flood hazard mapping, and flood… more
Date: March 3, 2014
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department
open access

National Flood Insurance Program: Background, Challenges, and Financial Status

Description: This report provides an analysis of the National Flood Insurance Program (NFIP) and its financial status, summarizes the major challenges facing the program, including issues affecting its long-term financial solvency, presents some alternative approaches for managing and financing the flood losses and describes pending legislation on this issue.
Date: July 30, 2009
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department
open access

National Flood Insurance Program: Treasury Borrowing in the Aftermath of Hurricane Katrina

Description: In 2008, Hurricanes Ike, Gustav, and Dolly made landfall in the United States, causing widespread flood damage. Exactly three years earlier, claims and expenses related to the massive flooding caused by Hurricanes Katrina, Rita, and Wilma had financially overwhelmed the National Flood Insurance Program (NFIP). The Federal Emergency Management Agency (FEMA) estimates that the NFIP will need about $3 billion in additional borrowing authority to cover the claims currently outstanding and a yet to … more
Date: September 19, 2008
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department
open access

Tsunamis and Earthquakes: Is Federal Disaster Insurance in Our Future?

Description: On December 26, 2004, an earthquake measuring 9.0 on the Richter Scale struck six miles below the surface of the Indian Ocean on the northern tip of the Indonesian island of Sumatra. The 2004 earthquake spawned a massive tsunami (and extensive flooding) that smashed the coastlines of 12 countries in South Asia and East Africa, resulting in over 175,000 fatalities, an additional 106,000 missing, and significant economic and non-economic damages. Insured losses are relatively low compared to the … more
Date: April 6, 2005
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department
open access

Hurricanes and Disaster Risk Financing Through Insurance: Challenges and Policy Options

Description: The U.S. Atlantic and Gulf of Mexico coastal states, Hawaii, Puerto Rico, and the U.S. Virgin Island are exposed to relatively high levels of risk from hurricanes and tropical storms. The rapid expansion of the U.S. population into areas that are susceptible to hurricanes has placed millions of people and new areas of economic activity in harm’s way. To address the financial and economic effects of such risks, households and businesses have relied on private insurance, state-sponsored insurance… more
Date: March 25, 2005
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department
open access

Locally Operated Levees: Issues and Federal Programs

Description: The report discusses the role of levees in flood risk reduction, the shared responsibilities for levees in the United States, and the role of three agencies: FEMA, the Corps, and the Natural Resources Conservation Service (NRCS) of the U.S. Department of Agriculture (USDA). It also discusses federal assistance for levees, describes the debate about whether levees investments have a role in federal flood mitigation programs, and compares Corps, FEMA, and NRCS activities and authorities. Finally… more
Date: April 5, 2011
Creator: Keegan, Natalie; King, Rawle O.; Carter, Nicole T. & Stubbs, Megan
Partner: UNT Libraries Government Documents Department
open access

Piracy off the Horn of Africa

Description: This report discusses recent (2008-2009) pirate attacks on vessels, including United States vessels, in the waters off the Horn of Africa. The Horn of Africa is sometimes called the Somali Peninsula and includes the nations of Eritrea, Djibouti, Ethiopia, and Somalia. This report explores reasons behind the increased number of pirate attacks in recent years, as well as what efforts are being taken to combat said attacks, including those by the 111th Congress and President Obama and his Administ… more
Date: April 24, 2009
Creator: Ploch, Lauren; Blanchard, Christopher M.; O'Rourke, Ronald; Mason, R. Chuck & King, Rawle O.
Partner: UNT Libraries Government Documents Department
Back to Top of Screen