The Resource Flood insurance in New York City following Hurricane Sandy, Lloyd Dixon, Noreen Clancy, Bruce Bender, Aaron Kofner, David Manheim, Laura Zakaras

Flood insurance in New York City following Hurricane Sandy, Lloyd Dixon, Noreen Clancy, Bruce Bender, Aaron Kofner, David Manheim, Laura Zakaras

Label
Flood insurance in New York City following Hurricane Sandy
Title
Flood insurance in New York City following Hurricane Sandy
Statement of responsibility
Lloyd Dixon, Noreen Clancy, Bruce Bender, Aaron Kofner, David Manheim, Laura Zakaras
Creator
Contributor
Author
Publisher
Subject
Genre
Language
eng
Summary
When Hurricane Sandy struck New York City on October 29, 2012, it caused flooding in all five boroughs. The storm surge reached nearly 88,700 buildings, more than 300,000 housing units, and 23,400 businesses. The federal government offers flood insurance through the National Flood Insurance Program (NFIP), a program administered by the Federal Emergency Management Agency (FEMA) since 1968, a time when affordable private insurance was difficult to find. This insurance is mandated for structures located in high-risk areas (the 100-year floodplain) if there is a federally backed mortgage on the property and is subsidized for structures that predate FEMA's first Flood Insurance Rate Map (FIRM) for the area. However, many residential structures in high-risk areas do not carry such policies. Two major changes will affect the cost of NFIP policies for structures in New York City: (1) an update of the maps that define the flood risk areas in New York and (2) legally required reform to the NFIP. Flood insurance plays an important role in addressing and managing flood risk posed. Insurance payments can help households and businesses recover from an event and get the economy moving again. When properly priced, insurance premiums can also provide appropriate incentives to avoid or mitigate risk. This report examines dimensions of the changing flood insurance environment in New York City and explores the consequences for the city's residents and businesses
Cataloging source
COO
http://library.link/vocab/creatorName
Dixon, Lloyd S
Dewey number
368.122200973
Illustrations
illustrations
Index
no index present
Language note
English
LC call number
HG9983.3
LC item number
.D596 2013
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Clancy, Noreen B.
  • Bender, Bruce
  • Kofner, Aaron
  • Manheim, David
  • Zakaras, Laura
  • Rand Justice, Infrastructure, and Environment (Organization)
  • Rand Corporation
  • New York (N.Y.)
  • United States
http://library.link/vocab/subjectName
  • National Flood Insurance Program (U.S.)
  • National Flood Insurance Program (U.S.)
  • Hurricane Sandy (2012)
  • Flood insurance
  • Hurricane Sandy, 2012
  • New York (State)
Label
Flood insurance in New York City following Hurricane Sandy, Lloyd Dixon, Noreen Clancy, Bruce Bender, Aaron Kofner, David Manheim, Laura Zakaras
Link
http://www.jstor.org/stable/10.7249/j.ctt5vjwhn
Instantiates
Publication
Note
  • "RAND Center for Catastrophic Risk Management and Compensation."
  • "The research described in this report was sponsored by the New York City Mayor's Office of Long-Term Planning and Sustainability and conducted in the Center for Catastrophic Risk Management and Compensation within RAND Justice, Infrastructure, and Environment"--Title page verso
Bibliography note
Includes bibliographical references (pages 99-103)
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Introduction -- The setting prior to Hurricane Sandy -- Insurance payments after Hurricane Sandy and Hurricane Sandy's impact on insurance markets -- Impact of national flood insurance program reform and flood-map changes on New York City -- The effects of higher flood insurance premiums on the housing market -- Issues to consider in responding to insurance premium increases -- Appendix A: Background on flood insurance -- Appendix B: National flood insurance program take-up rates in the high-risk areas of the preliminary work map -- Appendix C: Development of scenarios of premium change analysis..rand.org/pubs/research_reports/RR328.html
Dimensions
unknown
Extent
1 online resource (xxiv, 103 pages)
Form of item
online
Isbn
9780833084774
Lccn
2013478507
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Note
JSTOR
Other physical details
color illustrations
Specific material designation
remote
Stock number
22573/ctt5p3338
System control number
  • (OCoLC)869853599
  • (OCoLC)ocn869853599
Label
Flood insurance in New York City following Hurricane Sandy, Lloyd Dixon, Noreen Clancy, Bruce Bender, Aaron Kofner, David Manheim, Laura Zakaras
Link
http://www.jstor.org/stable/10.7249/j.ctt5vjwhn
Publication
Note
  • "RAND Center for Catastrophic Risk Management and Compensation."
  • "The research described in this report was sponsored by the New York City Mayor's Office of Long-Term Planning and Sustainability and conducted in the Center for Catastrophic Risk Management and Compensation within RAND Justice, Infrastructure, and Environment"--Title page verso
Bibliography note
Includes bibliographical references (pages 99-103)
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Introduction -- The setting prior to Hurricane Sandy -- Insurance payments after Hurricane Sandy and Hurricane Sandy's impact on insurance markets -- Impact of national flood insurance program reform and flood-map changes on New York City -- The effects of higher flood insurance premiums on the housing market -- Issues to consider in responding to insurance premium increases -- Appendix A: Background on flood insurance -- Appendix B: National flood insurance program take-up rates in the high-risk areas of the preliminary work map -- Appendix C: Development of scenarios of premium change analysis..rand.org/pubs/research_reports/RR328.html
Dimensions
unknown
Extent
1 online resource (xxiv, 103 pages)
Form of item
online
Isbn
9780833084774
Lccn
2013478507
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Note
JSTOR
Other physical details
color illustrations
Specific material designation
remote
Stock number
22573/ctt5p3338
System control number
  • (OCoLC)869853599
  • (OCoLC)ocn869853599

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