Congressional Research Service Reports - 4 Matching Results

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The National Flood Insurance Program (NFIP), Reinsurance, and Catastrophe Bonds

Description: This report discusses the use of reinsurance to transfer some of the risk of an insurance policy from the primary insurer to a secondary insurer and the National Flood Insurance Program's (NFIP) decision to use reinsurance through the issuance of catastrophe bonds (which pay out when a particular type of disaster set out in the bond agreement occurs) by the secondary private insurers.
Date: April 17, 2018
Creator: Horn, Diane P. & Webel, Baird
Partner: UNT Libraries Government Documents Department

Managing Disaster Debris: Overview of Regulatory Requirements, Agency Roles, and Selected Challenges

Description: This report addresses debris resulting from a "major disaster" or "emergency" declared by the President. First, it discusses the types of debris commonly generated during and after a disaster and selected factors that can make "debris removal"2 such a costly, complex operation. Second, it discusses the roles of federal, state, and local agencies after a disaster has been declared--with regard to both funding debris removal and the actual physical process of removal.
Date: March 17, 2010
Creator: Luther, Linda
Partner: UNT Libraries Government Documents Department

Assistance to Firefighters Program: Distribution of Fire Grant Funding

Description: This report discusses the firefighting activities that are traditionally the responsibility of states and local communities. The report also talks about the funding for firefighters, which is provided mostly by state and local governments. However, during the 106th Congress, many in the fire community asserted that local fire departments require and deserve greater support from the federal government.
Date: May 17, 2012
Creator: Kruger, Lennard G.
Partner: UNT Libraries Government Documents Department