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Social and Behavioral Sciences

Old Dominion University

Flood insurance

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Full-Text Articles in Insurance

Toward Better Management Of Flood Losses: Flood Insurance In A Wetter World, Michael K. Mcshane, Juita-Elena (Wie) Yusuf Jan 2018

Toward Better Management Of Flood Losses: Flood Insurance In A Wetter World, Michael K. Mcshane, Juita-Elena (Wie) Yusuf

Finance Faculty Publications

Flood is the most frequent and costly of U.S. natural disasters with losses expected to increase due to climate change. The National Flood Insurance Program (NFIP) mandates flood insurance purchase for properties with federally backed mortgages in the 100-year floodplain. We propose that mandatory flood insurance purchase be extended to all property in the 500-year floodplain. Following flood events, payments would be directly provided for more properties that suffer flood loss, reducing federal disaster aid spending. The mandate could put more pressure on local governments to increase their Community Rating System score, such as through infrastructure investments and management practices …


Report On Collaboration Of Dr. Diane Horn With Dr. Michael Mcshane As Part Of The Climate Change And Sea Level Rise Initiative, Diane Horn, Michael K. Mcshane Jan 2013

Report On Collaboration Of Dr. Diane Horn With Dr. Michael Mcshane As Part Of The Climate Change And Sea Level Rise Initiative, Diane Horn, Michael K. Mcshane

CCSLRI Reports

No abstract provided.