9780833050953

Earthquake Insurance and Disaster Assistance The Effect of Catastrophe Obligation Guarantees on Federal Disaster-Assistance Expenditures in California

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  • ISBN13:

    9780833050953

  • ISBN10:

    0833050958

  • Format: Paperback
  • Copyright: 2011-01-16
  • Publisher: RAND Corporation
  • Purchase Benefits
List Price: $14.00

Summary

The Catastrophe Obligation Guarantee Act, introduced in Congress in 2009, would authorize the federal government to provide committed loan guarantees to qualified state catastrophe-insurance programs. Proponents argue that lower-cost catastrophe insurance could reduce federal disaster-assistance expenditures. This report estimates the law's potential effects in California.

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