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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 to compensating oil pollution victims, including compensation funds, commercial insurance, federal disaster assistance, and tort law. The report concludes with a discussion of four specific policy issue consideration for Congress, including new liability limits and insurance capacity, future insurability of offshore oil spill perils, availability of insurance, and the potential effects on domestic offshore energy production.
Date: July 12, 2010
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department

Agricultural Disaster Assistance

Description: This report has four sections. The first describes recent developments in weather and policy. The second provides an overview of the current USDA disaster assistance programs: federal crop insurance, NAP payments, and emergency disaster loans. The third section discusses the now expired disaster programs under the 2008 farm bill, specifically Supplemental Revenue, Assistance Payments Program (SURE), and four other smaller disaster programs. The fourth section briefly reviews the potential reauthorization of disaster programs proposed in both House and Senate versions of the 2013 farm bill. An appendix reviews the recent history of emergency supplemental farm disaster assistance and USDA administrative actions.
Date: May 6, 2014
Creator: Shields, Dennis A.
Partner: UNT Libraries Government Documents Department

Agricultural Disaster Assistance

Description: This report has four sections. The first describes recent developments in weather and policy. The second provides an overview of the current U.S. Department of Agriculture (USDA) disaster assistance programs: federal crop insurance, Noninsured Crop Disaster Assistance Program (NAP) payments, and emergency disaster loans. The third section discusses the now-expired disaster programs under the 2008 farm bill, specifically Supplemental Revenue Assistance Payments Program (SURE) and four other smaller disaster programs. The fourth section briefly reviews congressional issues. An appendix reviews the recent history of emergency supplemental farm disaster assistance and administrative actions by USDA.
Date: January 22, 2013
Creator: Shields, Dennis A.
Partner: UNT Libraries Government Documents Department

Insurance and Climate Change: Do Governments Have a Duty to Protect Property Owners?

Description: This legal sidebar discusses the climate change in context of federal and private insurers. One of the many insurance company concerns is whether the government can be held liable for not putting in place adequate infrastructure to protect against property damage from climate-change-related extreme weather.
Date: October 16, 2014
Creator: Meltz, Robert
Partner: UNT Libraries Government Documents Department

FEMA DRF Major Disaster Assistance: New Jersey

Description: This report discusses the Disaster Relief Fund (DRF) that is managed by the Federal Emergency Management Agency (FEMA) and is the primary source of funding used to provide assistance following a major disaster declaration.
Date: January 28, 2015
Creator: McCarthy, Francis X.
Partner: UNT Libraries Government Documents Department

Agricultural Disaster Assistance

Description: This report discusses several programs offered by the U.S. Department of Agriculture (USDA) to help farmers recover financially from natural disasters, including drought and floods. Most programs receive funding amounts that are "such sums as necessary" and are not subject to annual discretionary appropriations.
Date: April 14, 2016
Creator: Stubbs, Megan
Partner: UNT Libraries Government Documents Department

Agricultural Disaster Assistance

Description: This report discusses several programs offered by the U.S. Department of Agriculture (USDA) to help farmers recover financially from natural disasters, including drought and floods. All the programs have permanent authorization, and only one requires a federal disaster designation (the emergency loan program). Most programs receive funding amounts that are "such sums as necessary" and are not subject to annual discretionary appropriations.
Date: August 14, 2015
Creator: Shields, Dennis A.
Partner: UNT Libraries Government Documents Department

Financing Recovery from Large-Scale Natural Disasters

Description: Two important issues before Congress are (1) securing the nation's capacity to prepare for, respond to, and recover/rebuild from natural catastrophe events, and (2) determining whether and how the federal government should intervene in catastrophe insurance markets. This report focuses on this issue at length, taking into consideration the Gulf Coast hurricanes of 2004 and 2005; a sequence of tornadoes, wildfire, earthquakes, Hurricanes Ike and Gustav, and the 2008 Midwestern floods; and the financial market turmoil in 2008.
Date: November 18, 2008
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department

Side-by-Side Comparison of Flood Insurance Reform Legislation in the 110th Congress

Description: This report discusses the key policy objectives of the National Flood Insurance Program (NFIP) that were threefold: (1) reduce the nation's flood risk through floodplain management; (2) improve flood hazard data and risk assessment by mapping the nation's floodplains; and (3) make affordable flood insurance widely available in communities that adopt and enforce measures to make future construction safer from flooding.
Date: June 24, 2008
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department

Side-by-Side Comparison of Flood Insurance Reform Legislation in the 110th Congress

Description: This report discusses the key policy objectives of the National Flood Insurance Program (NFIP) that were threefold: (1) reduce the nation's flood risk through floodplain management; (2) improve flood hazard data and risk assessment by mapping the nation's floodplains; and (3) make affordable flood insurance widely available in communities that adopt and enforce measures to make future construction safer from flooding.
Date: February 26, 2008
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department

Tax Deductions for Catastrophic Risk Insurance Reserves: Explanation and Economic Analysis

Description: According to the Insurance Services Office, Inc., (ISO), the property/casualty (p/c) insurance industry paid $62.2 billion in catastrophe losses from 24 disasters and more than 4.4 million claims in 2005, making 2005 the most costly year for catastrophe losses. This report begins by providing some background on the market for catastrophe insurance. It continues by describing the proposal for tax-deductible reserve accounts as set forth in H.R. 164/S. 926 of the 110th Congress, and concludes by providing an economic analysis of the plan.
Date: June 5, 2008
Creator: King, Rawle O.
Partner: UNT Libraries Government Documents Department

Financing Natural Catastrophe Exposure: Issues and Options for Improving Risk Transfer Markets

Description: This report opens with an examination of the current role of private insurers in managing disaster risk and their capacity and willingness to deal with the rising cost of financing recovery and reconstruction following natural disasters. The report then examines the current role of federal, state, and local governments in managing disaster risk.
Date: August 15, 2013
Creator: King, R. O.
Partner: UNT Libraries Government Documents Department

Agricultural Disaster Assistance

Description: This report discusses the ongoing major USDA disaster programs designed to help crop producers recover from the financial effects of natural disasters — federal crop insurance, noninsured assistance program (NAP) payments, and emergency disaster loans.
Date: July 3, 2008
Creator: Chite, Ralph M.
Partner: UNT Libraries Government Documents Department

Agricultural Disaster Assistance

Description: Report containing a description of recent developments in weather and U. S. policy. as well as an overview of current and expired USDA disaster assistance programs. An appendix reviews the recent history of emergency supplemental farm disaster assistance and administrative actions by USDA.
Date: July 3, 2013
Creator: Shields, Dennis A.
Partner: UNT Libraries Government Documents Department

Agricultural Disaster Assistance

Description: This report has four sections. The first describes recent developments in weather and policy. The second provides an overview of the current USDA disaster assistance programs: federal crop insurance, NAP payments, and emergency disaster loans. The third section discusses the now expired disaster programs under the 2008 farm bill, specifically Supplemental Revenue, Assistance Payments Program (SURE), and four other smaller disaster programs. The fourth section briefly reviews the potential reauthorization of disaster programs proposed in both House and Senate versions of the 2013 farm bill. An appendix reviews the recent history of emergency supplemental farm disaster assistance and USDA administrative actions.
Date: August 29, 2013
Creator: Shields, Dennis A.
Partner: UNT Libraries Government Documents Department

Agricultural Disaster Assistance

Description: This report discusses several programs offered by the U.S. Department of Agriculture (USDA) to help farmers recover financially from natural disasters, including drought and floods. All the programs have permanent authorization, and only one requires a federal disaster designation (the emergency loan program). Most programs receive funding amounts that are "such sums as necessary" and are not subject to annual discretionary appropriations.
Date: May 20, 2015
Creator: Shields, Dennis A.
Partner: UNT Libraries Government Documents Department