Research conducted by:
RAND Justice, Infrastructure, and Environment;
RAND Gulf States Policy Institute
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News Releases (4)
Some New York City residents may soon face sharp increases in their flood insurance premiums as a result of major changes occurring in the National Flood Insurance Program and the redrawing of flood maps that expand the areas at risk. Property owners in areas now deemed at highest risk may face increases of $5,000 to $10,000 annually.
Five years after Hurricane Katrina devastated the Gulf Coast, neither the federal government nor the private sector is any closer to developing effective solutions to the problems facing flood and windstorm insurance.
October 23, 2006 News Release: RAND Report Stresses Importance of Advanced Planning for Flood Recovery.
RAND news release: RAND Study Says Few Homeowners Buy Flood Insurance When It Is Not Required