Disaster Insurance, Public Policy Goals


Disaster Insurance, Public Policy Goals :

"....four public policy goals that we (GAO) identified for federal involvement in natural catastrophe insurance programs: (1) to have premium rates fully reflect actual risks, (2) to encourage private markets to provide natural catastrophe insurance, (3) to encourage broad participation in natural catastrophe insurance programs, and (4) to limit costs to taxpayers before and after a disaster". (GAO, Natural Disasters, Nov '07, 6)

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