Reforming Flood Insurance (Just published in Science; July 2011)

THE $1.2 TRILLION US NATIONAL FLOOD INSURANCE PROGRAM IS SET TO EXPIRE ON SEPTEMBER 30, 2011. IN A NEW ARTICLE PUBLISHED THIS WEEK IN SCIENCE, DR. MICHEL-KERJAN AND HIS COLLEAGUE PROPOSE A NEW WAY TO THINK ABOUT FLOOD INSURANCE. Insurance and government assistance play central roles in ensuring economic and social resilience in the aftermath […]