Paying the Price: The Status and Role of Insurance Agains...
Roth, Richard J. / Kunreuther, Howard
This book considers the effectiveness of insurance coverage for low-probability, high-consequence events such as natural disasters -- and how insurance programs can successfully be used with other policy tools, such as building codes and standards, to encourage effective loss reduction measures.The authors discuss the reasons for the dramatic increase since 1989 in insured losses from natural disasters and the concern that insurers have about ...