"Many homeowners in flood-prone areas, however, lack any form of flood insurance, according to a February study by Washington, D.C.-based Resources for the Future, a nonpartisan research organization that studies natural resources and environmental policies."
Hurricane Harvey Tests New Tort Litigation Limits
Media Highlight from Bloomberg BNA — Aug. 30, 2017
Working Paper — Feb 14, 2017
Financing Flood Losses: A Discussion of the National Flood Insurance Program
This paper analyzes five aspects of the National Flood Insurance Program and provides suggestions for reform: (1) risk modeling and communication; (2) the roles of the public and private sector; (3) take-up rates; (4) incentives for risk reduction; and (5) rate setting and financing catastrophic losses.