Liability Risk Management

  • Detail of covid-19 vaccine vials and and a syringe. Photo by vladans / Getty Images

    Multimedia

    COVID-19 Vaccine Cross-Border Liability and Compensation

    A RAND virtual event focused on (1) facilitating global distribution of coronavirus disease 2019 (COVID-19) vaccines and (2) preventing liability and compensation concerns from affecting the vaccine supply chain and public uptake of the vaccine.

    Feb 2, 2021

  • Two cars after they were destroyed by a tornado in Washington, Illinois, November 19, 2013

    Commentary

    Creating the Right Incentives for State and Local Governments to Reduce Disaster Costs

    In the United States, federal, state, and local governments share responsibility for paying for losses from disasters. As the frequency and severity of disasters has increased, so have the losses. It’s worth considering whether the current risk-sharing approach is appropriate.

    Oct 14, 2020

  • Journal Article

    Journal Article

    Disaster Risk Reduction in Cities: Towards a New Normal

    This chapter introduces some of the key issues facing scholars and practitioners of disaster risk reduction in urban areas, which are now home to over half of the global population.

    Sep 3, 2020

  • The U.S. Capitol Building in Washington, D.C., photo by lucky-photographer/Getty Images

    Blog

    Summer Reading List for Congress

    During the August recess Hill staff should have an opportunity to step back from the fast pace of votes and hearing preparation to examine priorities for the fall and beyond. This list of must-read research and commentary covers some policy issues they will likely be addressing after the break.

    Aug 18, 2020

  • Finger stopping wooden dominoes from falling over, photo by simarik/Getty Images

    Commentary

    Key Questions to Ask in Designing a Pandemic Risk Insurance Program

    Congress is considering establishing an insurance program that would make business interruption coverage for pandemics less expensive and more widely available. We have identified several key questions that policymakers could consider when designing a pandemic risk insurance program.

    Jul 27, 2020

  • Man holds a cutout of an umbrella over a scale with bags of money on one side and blocks spelling risk on the other, photo by William_Potter/Reuters

    Commentary

    Is It Time for a Federal Pandemic Insurance Program?

    Insurance companies for the most part are not contractually obligated to cover the enormous business interruption losses caused by social distancing and stay-at-home orders. How might the United States design a system for risk spreading and compensation for pandemics? And what roles should insurance and government play?

    Jun 26, 2020

  • Businessman stops domino effect, photo by ridvan_celik/Getty Images

    Commentary

    Tapping Business Interruption Insurance Coverage to Assist Small Business During the Pandemic

    Legislation has been introduced in several states that would require insurers to cover business interruption losses due to the COVID-19 outbreak. What are the advantages and disadvantages of such a law? If policymakers were to proceed with such an approach, then what design considerations should they keep in mind?

    Apr 10, 2020

  • In this video, James M. Anderson speaks about the mission and history of the RAND Institute for Civil Justice.

    Multimedia

    The RAND Institute for Civil Justice: 40 Years

    For 40 years, the RAND Institute for Civil Justice has supplied government and private decisionmakers and the public with the results of objective, empirically based, analytic research.

    Dec 12, 2019

  • PG&E works on power lines to repair damage caused by the Camp Fire in Paradise, California, November 21, 2018, photo by Elijah Nouvelage/Reuters

    Commentary

    Allocating Costs for California Wildfires

    Wildfires in California have caused and will likely continue to cause substantial losses for residents, businesses, and government agencies. It is important to distribute these losses in a manner that provides incentives to reduce their magnitude over time.

    Jul 24, 2019

  • Journal Article

    Journal Article

    Comparing Networked and Linear Risk Assessments: From Theory to Evidence

    Assessing whether networked risk assessments match the actual cascades that occur during disasters can provide a process for further refinement of assessment tools by uncovering their strengths and weaknesses.

    Jul 10, 2018

  • Journal Article

    Journal Article

    Impact Assessment of Specific Measures Aimed at Increasing Transparency and Engagement in EFSA Risk Assessment Process

    The main objective of the study was to assess the impact of a set of measures identified by EFSA to promote trust and confidence in EFSA's risk assessment process.

    Aug 1, 2017

  • Commercial Book

    Commercial Book

    Rethinking Risk in National Security: Lessons of the Financial Crisis for Risk Management

    This book examines the role of risk management in the recent financial crisis and applies lessons learned to the national security realm.

    Jun 1, 2016

  • Engineer looking at factory emissions

    Commentary

    Climate Targets: Values and Uncertainty

    Policymakers know that the risks associated with climate change mean they need to cut greenhouse-gas emissions. But uncertainty surrounding the likelihood of different scenarios makes choosing specific policies difficult.

    Aug 11, 2015

  • men walk through flooding left by the storm surge of Superstorm Sandy in the New Dorp Beach neighborhood of Staten Island

    Commentary

    A Year After Sandy, a New Threat to New York City

    As residents continue to recover from Superstorm Sandy, they are about to confront dramatic changes in the flood insurance landscape. Changes to federal floodplain maps will mean thousands of New Yorkers will suddenly be living in areas designated as high-risk flood, which will send their insurance rates soaring.

    Nov 5, 2013

  • News Release

    News Release

    Rising Cost of Flood Insurance Will Create Serious Challenges for New York City

    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.

    Oct 25, 2013

  • A Staten Island, N.Y. house destroyed by Hurricane Sandy

    Report

    Rising Cost of Flood Insurance Will Create Serious Challenges for New York City

    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.

    Oct 25, 2013

  • Pedestrians walk past a submerged taxi in Brooklyn, New York, during Hurricane Sandy last year.

    Research Brief

    The Rising Cost of Flood Insurance in New York City

    Even as many in New York City struggle to rebuild after Hurricane Sandy, changes in the flood insurance market are increasing premiums for those living near the coast.

    Oct 25, 2013

  • Chairman of the Joint Chiefs of Staff General Martin Dempsey,Navy Memorial,Navy Yard Shooting,Secretary of Defense Chuck Hagel

    Commentary

    Americans' Hearts, But Not Necessarily Wallets, Will Be Open for Victims of Navy Yard Shootings

    Comparisons are already being drawn between Monday's terrible events in the Washington Navy Yard and other recent high profile mass shootings. However, one way in which this shooting may differ from other events is in who — if anybody — provides financial compensation for those who are injured.

    Sep 18, 2013

  • A destroyed home in Moore, OK, where an F5 tornado struck on May 20, 2013

    News Release

    RAND Launches Center to Study Ways to Manage Catastrophic Risk and Compensate Victims

    The RAND Corporation has created a new research center that will analyze different approaches to compensating individuals, businesses, and others following catastrophes ranging from natural disasters to terrorist attacks.

    Jun 24, 2013

  • Journal Article

    Journal Article

    Comment on Doug Kysar's "What Climate Change Can Do About Tort Law"

    In this Response, the author sketches two problems with Professor Doug Kysar's argument regarding climate change litigation and effect on tort law.

    Aug 1, 2012