Financing Recovery After a Catastrophic Earthquake or Nuclear Power Incident

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division

Language:

English

Subjects (All):

Disaster insurance.

Disaster relief.

Earthquakes.

Physical Description:

1 online resource

Contained In:

ProQuest U.S. Congressional Research Digital Collection

Place of Publication:

[United States] [publisher not identified] 2011

Summary:

Examines earthquake catastrophe risk and insurance in the U.S. in light of recent developments. Discusses both traditional and non-traditional approaches for financing recovery from earthquake losses as well as challenges in financing catastrophe losses with insurance. Explores feasibility of a Federal residential earthquake insurance mechanism, and assesses policy implications of such a program. Reviews legislation introduced in the 112th Congress that addresses issues related to earthquakes, including S. 637, the Earthquake Insurance Affordability Act, which would authorize the U.S. Treasury to guarantee up to $5 billion in bonds available to certified public entities, like the California Earthquake Authority, following a catastrophic seismic event

Notes:

CRS Report

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Jan. 2013). Reuse except for individual research requires license from ProQuest, LLC

Vendor supplied data

Other Format:

Microfiche version Library of Congress. Government Division. Financing Recovery After a Catastrophic Earthquake or Nuclear Power Incident

Publisher Number:

CRS-2011-GVF-0524

Access Restriction:

Restricted for use by site license