Earthquake Insurance and Disaster Assistance
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In an effort to increase the availability and affordability of insurance for catastrophic events, the Catastrophe Obligation Guarantee Act was introduced in Congress in 2009. One of the arguments in support of this provision is that it lowers insurer costs, which lowers premium rates, increases the number of residents who buy catastrophe insurance, decreases the uninsured loss in disasters, and, ultimately, decreases federal disaster-assistance spending...
Format:Paperback
Language:English
ISBN:0833050958
ISBN13:9780833050953
Release Date:January 2011
Publisher:RAND Corporation
Length:42 Pages
Weight:0.27 lbs.
Dimensions:0.1" x 8.5" x 11.0"
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