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

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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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Product Details
RAND
0833050958 / 9780833050953
Paperback / softback
16/01/2011
United States
42 pages
217 x 283 mm, 136 grams
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