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This paper studies the evolution of hurricane insurance in Florida over the last decades. Hurricanes (and other natural …. The state of Florida has reacted to the incapacity of the private sector to insure hurricane risks at reasonable premium … levels with the creation of Citizens Property Insurance Corporation (an insurer of last resort) and the Florida Hurricane …
Persistent link: https://www.econbiz.de/10003883015
This paper studies the evolution of hurricane insurance in Florida over the last decades. Hurricanes (and other natural …. The state of Florida has reacted to the incapacity of the private sector to insure hurricane risks at reasonable premium … levels with the creation of Citizens Property Insurance Corporation (an insurer of last resort) and the Florida Hurricane …
Persistent link: https://www.econbiz.de/10013316322
This paper studies the evolution of hurricane insurance in Florida over the last decades. Hurricanes (and other natural …. The state of Florida has reacted to the incapacity of the private sector to insure hurricane risks at reasonable premium … levels with the creation of Citizens Property Insurance Corporation (an insurer of last resort) and the Florida Hurricane …
Persistent link: https://www.econbiz.de/10005013949
This paper studies the evolution of hurricane insurance in Florida over the last decades. Hurricanes (and other natural …. The state of Florida has reacted to the incapacity of the private sector to insure hurricane risks at reasonable premium … levels with the creation of Citizens Property Insurance Corporation (an insurer of last resort) and the Florida Hurricane …
Persistent link: https://www.econbiz.de/10004976624
Persistent link: https://www.econbiz.de/10003991041
Persistent link: https://www.econbiz.de/10003991195
This paper studies the evolution of hurricane insurance in Florida over the last decades. Hurricanes (and other natural …. The state of Florida has reacted to the incapacity of the private sector to insure hurricane risks at reasonable premium … levels with the creation of Citizens (an insurer of last resort) and the Florida Hurricane Catastrophe Fund. Their existence …
Persistent link: https://www.econbiz.de/10005481746
hurricane Sandy. We show that flood risk falls rapidly as we move away from the flood zone, but remains fairly high for …
Persistent link: https://www.econbiz.de/10014514620
After the flooding in 2002 European governments provided billions of Euros of financial assistance to their citizens. Although there is no doubt that solidarity and some sort of assistance is reasonable, the question arises why these damages were not sufficiently insured. One explanation why...
Persistent link: https://www.econbiz.de/10009729295
This paper provides a welfare analysis of solvency regulation for catastrophe insurance. We consider an economy with … solvency regulation allowing insurer default or limited liability in the most catastrophic states is Pareto improving. We use a …
Persistent link: https://www.econbiz.de/10012824092