Michel-Kerjan, Erwann; Kousky, Carolyn - HAL - 2009
In the U.S., flood insurance is provided essentially through the National Flood Insurance Program (NFIP), a public … Florida, which accounts for 40 percent of the entire NFIP portfolio. We study the demand for flood insurance with a database … prices determined and how much does NFIP insurance cost? Given the recent significant increase in the cost of catastrophes …