Findings from the Issues Brief: 1. How does the receipt of government disaster aid impact the demand for insurance? While Individual Assistance (IA) grants provide important financial help to those in need after a disaster, we find that it creates a significant moral hazard effect. Increasing the average IA disaster grant in a ZIP code…
The Association of State Floodplain Managers, with its 18,000 members nationwide and 36 chapters, is pleased to submit comments on the draft National Mitigation Investment Strategy. In order to protect life and property and reduce the unsustainable expense of flood disasters to the federal taxpayer, we must improve the coordination and effectiveness of mitigation investments….