Lloyd Dixon is director of the Feinberg Center for Catastrophic Risk Management and Compensation, a senior economist at RAND, and a professor of policy analysis at the RAND School of Public Policy. He has expertise on insurance, compensation, and liability issues. He has examined the impact of wildfires on California's residential insurance market. He has also examined numerous aspects of the National Flood Insurance Program and analyzed the promise and pitfalls of a public disaster risk reinsurance program for residential properties. His research has also assessed market performance and potential public-private insurance partnerships for cyber, terrorism, pandemic, and landside risk. Dixon has served as the California State Senate's designee to the governing board of the California Earthquake Authority since 2020.
Dixon has examined compensation and liability policies in a number of different settings. He examined the direct compensation program set up by Southern California Edison for survivors of the 2025 Eaton fire. For California's study on options for improving resiliency to natural catastrophe, he assessed options for modifying liability and compensation mechanisms for utility-caused wildfires. He has also investigated the impact of compensation funds on post-disaster litigation and whether trends in jury verdicts and insurance claims provide evidence for social inflation. He holds a Ph.D. in economics from the University of California, Berkeley, and a B.S. in general engineering and B.A. in political science from Stanford University.
Ph.D. in economics, University of California, Berkeley; B.S. in general engineering, Stanford University; B.A. in political science, Stanford University
California Earthquake Authority Governing Board, Designee
