A Methodological Approach for Pricing Flood Insurance and Evaluating Loss Reduction Measures: Application to Texas

Submitted on 29th July 2015

This study by the Wharton Risk Center and CoreLogic, aims at better understanding flood risk in the United States and the role that public and private insurance can play in providing financial coverage and reducing losses from this risk to residents in areas subject to water damage from floods and hurricanes. The analysis is effectively based on an assumption that climate change is happening and that the recent past is probably a guide to the future.

Wharton University of Pennsylvania
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Jeffrey Czajkowski
Howard Kunreuther
Erwann Michel-Kerjan
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