Preface |
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iii | |
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vii | |
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ix | |
Summary |
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xi | |
Acknowledgments |
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xxi | |
Abbreviations |
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xxiii | |
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1 | (6) |
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3 | (1) |
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4 | (3) |
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Chapter Two The Setting Prior to Hurricane Sandy |
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7 | (14) |
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Overview of the Areas Mapped as High Risk in New York City When Hurricane Sandy Hit |
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7 | (5) |
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Take-Up Rates for Flood Insurance in High-Risk Areas on the Eve of Hurricane Sandy |
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12 | (9) |
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Residential Flood Insurance Take-Up Rates |
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13 | (1) |
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Take-Up Rate for One- to Four-Family Structures |
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13 | (2) |
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Compliance with the Mandatory Purchase Requirement |
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15 | (2) |
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Commercial Flood Insurance Take-Up Rates |
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17 | (1) |
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National Flood Insurance Program Premiums and Policy Limits in New York City |
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18 | (3) |
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Chapter Three Insurance Payments After Hurricane Sandy and Hurricane Sandy's Impact on Insurance Markets |
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21 | (12) |
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Flood Insurance Claims and Payments for Hurricane Sandy |
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21 | (8) |
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National Flood Insurance Program Claims and Payments |
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21 | (2) |
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Private Insurer Claims and Payments |
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23 | (1) |
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Gaps in Insurance Coverage |
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24 | (5) |
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Hurricane Sandy's Impact on the Price and Availability of Flood Insurance |
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29 | (1) |
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Impact on Overall Insurance Industry |
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29 | (1) |
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Impact on Private Flood Insurance Prices and Availability in New York City |
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30 | (3) |
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Chapter Four Impact of National Flood Insurance Program Reform and Flood-Map Changes on New York City |
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33 | (22) |
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The Effects of the Biggert-Waters Flood Insurance Reform Act on National Flood Insurance Program Premiums for Pre-FIRM Structures |
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33 | (2) |
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Elimination of Subsidized Rates on Some Pre-FIRM Structures |
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33 | (2) |
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The Impact of Flood-Map Changes on New York City |
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35 | (20) |
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The Flood Insurance Rate Map Update Process |
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36 | (2) |
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Extent of the High-Risk Flood Zones in the Preliminary Work Map |
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38 | (1) |
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Take-Up in High-Risk Areas of the Preliminary Work Map |
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39 | (4) |
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Impact of Flood Insurance Rate Map Changes on National Flood Insurance Program Rates |
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43 | (10) |
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Impact of the Flood Insurance Rate Map Changes on Private Flood Rates |
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53 | (2) |
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Chapter Five The Effects of Higher Flood Insurance Premiums on the Housing Market |
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55 | (8) |
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Households in Owner-Occupied Housing Units |
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55 | (5) |
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Renters of Residential Housing Units |
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60 | (1) |
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61 | (2) |
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Chapter Six Issues to Consider in Responding to Insurance Premium Increases |
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63 | (6) |
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64 | (2) |
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66 | (2) |
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Options for Addressing Affordability |
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67 | (1) |
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Assessing Affordability Options |
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68 | (1) |
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68 | (1) |
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A Background on Flood Insurance |
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69 | (24) |
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B National Flood Insurance Program Take-Up Rates in the High-Risk Areas of the Preliminary Work Map |
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93 | (2) |
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C Development of Scenarios of Premium Change Analysis |
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95 | (4) |
Bibliography |
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99 | |