Financing Catastrophic Risk: Summary of the Homeowners' Defense Act of 2009 (S. 505 and H.R. 2555)

King, Rawle O.

Library of Congress. Congressional Research Service.

关键词: Emergency management;    Hurricanes;    Disasters;    Finance;    Housing;   

RP-ID  :  R40680
RP-ID  :  R40680_2009Jul01

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report discusses the drastic increase in demand for homeowners' insurance in Atlantic and Gulf Coast states following the devastation of Hurricane Katrina in 2005. This report also discusses various measures and efforts underway to enhance insurer capacity, pursue alternative forms of risk transfer, and create a national catastrophe financing facility, the last of which is an issue under considerable debate.