WASHINGTON D.C.—To meet today’s challenges of riverine and coastal flooding in an era of more frequent and severe storms, sea level rise, and skyrocketing disaster costs, it is important that the U.S. Army Corps of Engineers take a broad, comprehensive and watershed-based view of overall flood-risk management. Chad Berginnis, executive director of the Association of…
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…
