Weather-related events have cost the nation billions of dollars in
damages over the past decade. Many of these losses are borne by
private insurers and by two federal insurance programs the National
Flood Insurance Program (NFIP), which insures properties against
flooding, and the Federal Crop Insurance Corporation (FCIC), which
insures crops against drought or other weather disasters. This
book: (1) describes how climate change may affect future
weather-related losses, (2) determines past insured weather-related
losses, and (3) determines what major private insurers and federal
insurers are doing to prepare for potential increases in such
losses. The book is fully indexed, excerpted and reformatted.
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