Upcoming Event

Webinar: Affordability of Flood Insurance Program Premiums: Report 2

Webinar
Topics: Water Hydrology
1:00 PM EST
January 20, 2016

Location: Web

Join this free webinar to explore the second study in a two-report series that offers advice to the Federal Emergency Management Agency (FEMA) as it investigates the affordability of flood insurance premiums that accurately reflect flood risks, and explores options for making premiums more affordable for those who have limited ability to pay.

The first report, released in March 2015, described concepts of affordability, assistance program design decisions, and policy options that could reduce the cost of flood insurance. This follow-on study describes an analytical approach FEMA might use to evaluate affordability policy options.

Drawing on lessons learned from a proof-of-concept analysis, the report proposes that FEMA develop a microsimulation model--which will use a database of records for individual policyholders and property owners to mimic how policy decisions might affect those individuals--to simulate the effects of different National Flood Insurance Program affordability policy options.

Learn more at the webinar as members of the report?s authoring committee explain the report's findings and take questions from webinar participants in a Q and A session. The webinar will be hosted by chair of the report's authoring committee, Leonard Shabman of Resources for the Future, along with committee members Allen Schirm of Mathematica Policy Research and Carolyn Kousky of Resources for the Future. Space is limited, so please register today.

Allen SchirmCarolyn KouskyLeonard Shabman