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Earthquake Insurance and Disaster Assistance: The Effect of Catastrophe Obligation Guarantees on Federal Disaster-Assistance Expenditures in California
     

Earthquake Insurance and Disaster Assistance: The Effect of Catastrophe Obligation Guarantees on Federal Disaster-Assistance Expenditures in California

by Tom LaTourrette, James N. Dertouzos, Christina Steiner, Noreen Clancy
 

The Catastrophe Obligation Guarantee Act, introduced in Congress in 2009, would authorize the federal government to provide committed loan guarantees to qualified state catastrophe-insurance programs. Proponents argue that lower-cost catastrophe insurance could reduce federal disaster-assistance expenditures. This report estimates the law1s potential effects in

Overview

The Catastrophe Obligation Guarantee Act, introduced in Congress in 2009, would authorize the federal government to provide committed loan guarantees to qualified state catastrophe-insurance programs. Proponents argue that lower-cost catastrophe insurance could reduce federal disaster-assistance expenditures. This report estimates the law1s potential effects in California.

Product Details

ISBN-13:
9780833050953
Publisher:
RAND Corporation
Publication date:
01/16/2011
Pages:
42
Product dimensions:
8.30(w) x 10.80(h) x 0.20(d)

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