Flood Insurance and Risk Reduction: Market Penetration, Coverage, and Mitigation in Coastal North Carolina.

This article provides an overview of flood risk management in the United States, focusing on the National Flood Insurance Program and the Community Ratings System (CRS), which is designed to promote flood hazard mitigation. We review the empirical literature that examines market penetration and dema...

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Publicado en:Southern Economic Journal Vol. 85; no. 4; pp. 1058 - 1083
Autores principales: Ahmadiani, Mona, Ferreira, Susana, Landry, Craig E.
Formato: Artículo
Publicado: Wiley-Blackwell Apr2019
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Flood Insurance and Risk Reduction: Market Penetration, Coverage, and Mitigation in Coastal North Carolina.
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        au:
          Ahmadiani, Mona
          Ferreira, Susana
          Landry, Craig E.
      su:
        Hazard mitigation
        Emergency management
        Flood control
        Flood damage prevention
        Water diversion
      sug:
        subj:
          Hazard mitigation
          Emergency management
          Emergency and Other Relief Services
          Other federal protective services
          Other provincial protective services
          Other municipal protective services
          Other Justice, Public Order, and Safety Activities
          Flood control
          Flood damage prevention
          Water diversion
      keyword:
        D81
        D90
        G22
        Q54
        D81
        D90
        G22
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      ab: This article provides an overview of flood risk management in the United States, focusing on the National Flood Insurance Program and the Community Ratings System (CRS), which is designed to promote flood hazard mitigation. We review the empirical literature that examines market penetration and demand for flood insurance, as well as factors that influence community participation in CRS. Combining data from separate (but similar) surveys conducted in Dare County, North Carolina in 1998 and 2008, we examine trends in flood insurance holdings and explore the extensive (binary participation) and intensive (coverage level) margins using regression analysis. We explore trends in CRS mitigation activities in Dare County and discuss potential difficulties in analyzing these data. Finally, we highlight avenues for future research.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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