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Flood risk management in the United States
Author(s)
Kousky, Carolyn; Golnaraghi, Maryam
Source
International Association for the Study of Insurance Economics

Publication Year
2020
Number of pages
52 p.
Part of a comprehensive review of flood risk management in mature economies, this report looks at the system in the United States. It reveals that the government is increasingly committed to building resilience to floods but that a reliance on post-disaster aid and a huge flood insurance gap remain in reality, due to low public awareness and a lack of affordable coverage. A more forward-looking approach to address the increasing level of risk and effects of climate change is recommended.
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Keywords
Hazards
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