Matches in Library of Congress for { <http://lccn.loc.gov/2010040010> ?p ?o. }
Showing items 1 to 34 of
34
with 100 items per page.
- 2010040010 abstract "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. The California Earthquake Authority, a state-managed catastrophe-insurance program that would qualify for the loan guarantees, sought an estimate of the potential magnitude of this effect for earthquakes in California. As part of the analysis, the report examines the price elasticity for earthquake insurance and relationships between earthquake-insurance coverage and loss compensation. We find that catastrophe obligation guarantees would reduce federal disaster-assistance costs by $3 million to $7 million for every $10 billion in total earthquake loss. Our findings show that changes in insurance coverage would have to be dramatic to have an appreciable impact on uninsured loss and disaster assistance. This result suggests that other avenues for increasing earthquake-insurance coverage, including offering new earthquake-insurance products that provide more-attractive options for consumers, might warrant consideration.".
- 2010040010 contributor B11784617.
- 2010040010 contributor B11784618.
- 2010040010 created "2010.".
- 2010040010 date "2010".
- 2010040010 date "2010.".
- 2010040010 dateCopyrighted "2010.".
- 2010040010 description "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. The California Earthquake Authority, a state-managed catastrophe-insurance program that would qualify for the loan guarantees, sought an estimate of the potential magnitude of this effect for earthquakes in California. As part of the analysis, the report examines the price elasticity for earthquake insurance and relationships between earthquake-insurance coverage and loss compensation. We find that catastrophe obligation guarantees would reduce federal disaster-assistance costs by $3 million to $7 million for every $10 billion in total earthquake loss. Our findings show that changes in insurance coverage would have to be dramatic to have an appreciable impact on uninsured loss and disaster assistance. This result suggests that other avenues for increasing earthquake-insurance coverage, including offering new earthquake-insurance products that provide more-attractive options for consumers, might warrant consideration.".
- 2010040010 description "Includes bibliographical references (p. 25-27).".
- 2010040010 extent "xiii, 27 p. :".
- 2010040010 hasFormat "Also available on the internet via WWW in PDF format.".
- 2010040010 identifier "0833050958 (pbk. : alk. paper)".
- 2010040010 identifier "9780833050953 (pbk. : alk. paper)".
- 2010040010 identifier TR896.
- 2010040010 isFormatOf "Also available on the internet via WWW in PDF format.".
- 2010040010 isPartOf "Rand technical report ; TR-896-CEA".
- 2010040010 isPartOf "Technical report (Rand Corporation) ; TR-896-CEA.".
- 2010040010 issued "2010".
- 2010040010 issued "2010.".
- 2010040010 language "eng".
- 2010040010 publisher "Santa Monica, CA : RAND,".
- 2010040010 relation "Also available on the internet via WWW in PDF format.".
- 2010040010 spatial "California.".
- 2010040010 spatial "United States.".
- 2010040010 subject "368.1/226009794 22".
- 2010040010 subject "Disaster insurance California.".
- 2010040010 subject "Disaster insurance United States.".
- 2010040010 subject "Disaster relief California.".
- 2010040010 subject "Disaster relief United States.".
- 2010040010 subject "Earthquake insurance California.".
- 2010040010 subject "Earthquake insurance United States.".
- 2010040010 subject "HV555.U62 C354 2010".
- 2010040010 title "Earthquake insurance and disaster assistance : the effect of catastrophe obligation guarantees on federal disaster-assistance expenditures in California / Tom LaTourrette ... [et al.].".
- 2010040010 type "text".