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RAND Kenneth R. Feinberg Center for Catastrophic Risk Management and Compensation

The RAND Kenneth R. Feinberg Center for Catastrophic Risk Management and Compensation, or Feinberg Center, seeks to identify and promote laws, programs, and institutions that reduce the adverse social and economic effects of natural and manmade catastrophes by

Improving incentives to reduce future losses
Providing just compensation to those suffering losses while appropriately allocating liability to responsible parties
Helping affected individuals, businesses, and communities to recover quickly
Avoiding unnecessary legal, administrative, and other transaction costs

Climate and Insurance

How Do Multiple-Loss Properties Drive Flood Insurance Costs?
Most natural disasters in the United States involve floods, and climate change is increasing their frequency and severity. More data on the properties that experience multiple flood losses can help inform decisions related to floodplain management, insurance, and mitigation efforts.
Jul 19, 2023
Efforts to End a Stalemate in Landslide Insurance Availability Through Inclusive Policymaking
Landslide insurance in Sitka, Alaska, is a classic stalemate, where diverse stakeholders see the value in landslide insurance, but their respective concerns and information gaps stymie their ability to feel confident in decisionmaking.
Jul 28, 2022
How Wildfire Risks Impact California's Homeowners Insurance Market
Wildfire poses risk to Californians, and the associated increases in insurance prices can cause financial hardship for families. It's critical to understand how the insurance market is performing and how climate change may affect this performance.
Sep 5, 2018

Featured Research and Commentary

Exploring Alternative Health Care Payment Models for California’s Workers’ Compensation System
After assessing multiple alternative payment models and gathering input from stakeholders, pay-for-performance seemed the most viable alternative payment model to pilot in California.
Aug 24, 2023
Alternative Payment Models for California's Workers' Compensation System
Exploring alternative payment models for the California workers' compensation (WC) system and considering its unique constraints, RAND researchers recommend the development of a pilot pay-for-performance program.
Jul 31, 2023
Options for Improving Availability of Residential Landslide Insurance in Sitka, Alaska
Landslides pose a serious risk to lives and property in Sitka and other parts of Southeast Alaska. Following a devastating landslide in 2015, what little insurance coverage was available for residential properties prior to the slide disappeared. Researchers examine how the market changed after the 2015 landslide and offer four approaches to make landslide coverage more available.
Jun 7, 2023
Grounded: The FAA Alert System Failure Could Be a Wake-Up Call
It turned out to be a system failure that grounded thousands of flights on January 11, but U.S. critical infrastructure faces a range of threats—from Russian hackers, to weather events, to angry individuals with guns. The government and organizations responsible for critical infrastructure can take steps to actively manage these risks.
Jan 13, 2023

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