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
  • A house burning along Cherry Glen Road during the LNU Lightning Complex Fire on the outskirts of Vacaville, California, August 19, 2020, photo by Stephen Lam/Reuters

    How Wildfire Risks Affect California's Insurance Market

    Sep 14, 2020

    Wildfires in California destroy thousands of structures each year, devastating homeowners and bringing heavy costs for insurers. And without an aggressive GHG emissions control strategy, climate change will likely increase the risk of wildfires in some areas. How will insurance markets respond?

  • Woman in a face mask having her temperature scanned, photo by whyframestudio/Getty Images

    Can Workers' Compensation Help Businesses Reopen More Safely?

    Sep 9, 2020

    Workers' compensation typically does not cover common infectious diseases like COVID-19. But in the fight against the pandemic, state policymakers might take a fresh look at aspects of labor and business regulation that usually fade into the background and ask if modest changes hold any potential to reduce disease transmission.

  • Construction workers have their temperatures checked on a job site, photo by Maha Heang 245789/Adobe Stock

    Should COVID-19 Be Covered by Workers' Compensation?

    Aug 31, 2020

    Expanding workers' compensation coverage for COVID-19 could be part of a broader response to ensuring an efficient economic recovery from the pandemic. What are the potential benefits and drawbacks?

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

    Key Questions to Ask in Designing a Pandemic Risk Insurance Program

    Jul 27, 2020

    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.

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