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prior to the storm, reflecting homeowners' perception of flood risk. Next, we show that experiencing flooding during Sandy …Many studies have investigated flood risk and insurance coverage in the 100-year flood zone, but much less is known … about the periphery of the flood zone. We present a new approach to estimate flood risk and insurance take-up in the …
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This article suggests that the insurance industry's increased recognition of the economic implications of climate change, as evidenced by the industry's desire to use updated hurricane models that account for global warming in the rate setting process, will enable insurers to make more accurate...
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driven by voters' spending on private insurance and increased willingness to take risks when spared from disaster. I …
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The severe hurricane seasons of 2004 and 2005 and the resulting losses are prompting insurers to reassess their risk and business strategies in Southeastern states. This article examines recent trends in the affected homeowners insurance markets and discusses how these markets are likely to...
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