The role of insurance in reducing direct risk: the case of flood insurance

S Surminski - International Review of Environmental and Resource …, 2014 - eprints.lse.ac.uk
The provision of flood insurance is a patchwork, with countries showing varying degrees of
penetration, coverage types, demand levels, and design structures. This article explores the …

Protecting against disaster risks: Why insurance and prevention may be complements

WJW Botzen, H Kunreuther, E Michel-Kerjan - Journal of Risk and …, 2019 - Springer
We examine mechanisms as to why insurance and individual risk reduction activities are
complements instead of substitutes. We use data on flood risk reduction activities and flood …

Forecast accuracy matters for hurricane damage

AB Martinez - Econometrics, 2020 - mdpi.com
I analyze damage from hurricane strikes on the United States since 1955. Using machine
learning methods to select the most important drivers for damage, I show that large errors in …

Building back bigger in hurricane strike zones

ED Lazarus, PW Limber, EB Goldstein, R Dodd… - Nature …, 2018 - nature.com
Despite decades of regulatory efforts in the United States to decrease vulnerability in
developed coastal zones, exposure of residential assets to hurricane damage is increasing …

Fall in the sea, eventually? A green paradox in climate adaptation for coastal housing markets

LC Parton, SJ Dundas - Journal of Environmental Economics and …, 2020 - Elsevier
Efficient adaptation to climate change in coastal areas is likely to require public policy
interventions. New policies or expectations of policy changes that impact private assets …

Weather the storms? Resilience investment and production losses after hurricanes

J Brannlund, G Dunbar, R Ellwanger… - Journal of Environmental …, 2023 - Elsevier
This paper studies whether resilience investment mitigates damages from extreme weather
events using data on offshore oil production in the Gulf of Mexico. We show that hurricanes …

Creeping disaster along the US coastline: Understanding exposure to sea level rise and hurricanes through historical development

AE Braswell, S Leyk, DS Connor, JH Uhl - PLoS one, 2022 - journals.plos.org
Current estimates of US property at risk of coastal hazards and sea level rise (SLR) are
staggering—evaluated at over a trillion US dollars. Despite being enormous in the …

Economic effectiveness of implementing a statewide building code: The case of Florida

KM Simmons, J Czajkowski, JM Done - Land Economics, 2018 - le.uwpress.org
Hurricane Andrew revealed inadequate construction practices were utilized in Florida for
decades. In response, Florida adopted a new statewide code—the 2001 Florida Building …

Residential Wind Loss Mitigation Case Study: An Analysis of Insurance Claim Data for Hurricane Michael

A Grant, CL Atkinson - Climate, 2023 - mdpi.com
This study analyzes insurance claim data from an 11-county area in the Florida Panhandle
following the landfall of Hurricane Michael. The data includes 1467 non-mobile home …

Modeling Potential Damages of Hurricanes at the Facility Scale: A Case Study of Eglin Air Force Base

AJ Baldwin, CM Chini, SJ Schuldt… - Journal of Infrastructure …, 2023 - ascelibrary.org
Tropical cyclones have intensified and are expected to strengthen throughout the 21st
century due to climate change impacts. Storm intensification poses a serious threat to …