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National Flood Insurance - Management & Accountability in the Wake of Superstorm Sandy (Hardcover)
Loot Price: R3,635
Discovery Miles 36 350
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National Flood Insurance - Management & Accountability in the Wake of Superstorm Sandy (Hardcover)
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The most destructive storm of the 2012 Atlantic hurricane season,
Superstorm Sandy smashed ashore on the U.S. East Coast in October
2012 after cutting a path of destruction north from the Caribbean.
Altogether, it has been estimated to have caused more than $68
billion in damage, and killed over 200 people in several countries.
The second-costliest such storm in U.S. history behind only
Hurricane Katrina in 2005 Sandy is reported to have killed at least
117 people in the United States alone, and it caused tremendous
damage along the most populated coastline in the country. As a
result, Sandy generated 144,484 claims under federal flood
insurance coverage under the National Flood Insurance Program
(NFIP). This book begins by laying out how the NFIP claims
management process works, how its various pieces interact, and how
the Federal Emergency Management Agency (FEMA) attempts to ensure
quality control. It then explores the incentive structures that
face insurance companies, claims processing vendors, adjusters, and
engineers, and the management challenges that confront the NFIP as
it attempts to handle catastrophic flood events.
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