Warren Chan
Mission 2010
Update:
10 New Sources
References
Barry,
J. M. (1997). Rising tide: The great Mississippi flood of 1927 and how it
changed America.
This book examines the socioeconomic
transformation of the
Benke,
A. C., & Cushing, C. E. (2005). Rivers of north America.
This source
provides detailed information on the
Cheatham,
L. R., &
Insurance policies are not the only
factor in shaping urban coastal development. The interplay between government
and private industry shapes coastal zone development. The study of federal land
use requirements enables insurance policymakers to understand the political arm
dealing with the management of these risk prone regions.
Colten,
C. E. (2005). An unnatural metropolis: Wresting
The focus of this source lies in its
distinction of
Colten,
C. E. (2000). Transforming
This source covers the environmental
history of
Design
Advisor. (2006). Affordable Housing. http://www.designadvisor.org/.
As we look into building codes, we want
to ensure environmentally codes are in place in order to mitigate global
warming and provide a model for a more responsible lifestyle for all Americans.
This site provides examples of affordable housing projects, which are
applicable to the demographic we are designing the Lower Ninth Ward for.
Federal
This nonprofit corporation serves to
educate the public about disasters including flooding, hurricanes, power
outages, and thunderstorms. Since our team wants to promote the development of
safer infrastructure and reduce the risk of flooding and its damages, it makes
sense to study the information nonprofits such as FLASH promote. This
organization offers an insurance guide to homeowners; our team looks forward to
recommending aspects of public education on insurance, natural disasters, and
building codes that have not appeared in its publications.
Hecker,
J. Z., &
This General Accounting Office source
provides a carefully crafted study of the challenges facing the National Flood
Insurance Program. Challenges cover the topics of budget, financing, policy
subsidies, and possible low participating in this program. This source provides
the government perspective of how insurance is run and how the field could be
run.
Horne,
J. (2006). Breach of faith: Hurricane Katrina and the near death of a great
American city (1st ed.).
This book examines Hurricane Katrina and
the aftermath. The book dissects the aftermath into social, political, and
economic realms that failed to pull together a plan of action for prevention or
response. Insurance policymakers need to understand the commitment of the
community to preventing risk should play an important role in determining and
distributing insurance rates. This source examines the roles of city officials
and reports on the insured losses of the populace.
Institute
for Business & Home Safety. (2006). http://www.ibhs.org/.
This institute advocates for better
construction and maintenance of commercial and residential buildings. As our
group envisions revising insurance through the lens of building codes, this
source serves as a catalyst for the generation of our own ideas and proposals.
Our team vision, as well as that of this institute, is one where
Institute
of Rational Design. (1977). National flood insurance program: Guidebook for
communities.
The National Flood Insurance Program
serves as the arbiter of government role in insurance. Since this program
directly addresses insurance, policymakers in the insurance industry need a
firm grasp of the efficiencies, inefficiencies, organization, and extent of
power of this program. This source provides detailed information on the
National Flood Insurance Program.
Insurance
Information Institute (2006). http://www.iii.org/.
Facts, statistics, and updates on flood
insurance, home insurance, and wind insurance are provided. This site serves as
a general source of solid information about the insurance industry and its
current challenges. It includes definitions for insurance jargon, which our
team understands is necessary to analyze current insurance policies. Financial
statistics specifically related to Hurricane Katrina and the insurance industry
are listed.
Kelman,
A. (2003). A river and its city: The nature of landscape in new Orleans.
The title depicts the relatively tiny
power of man and his constructions when facing the power of nature. This sets
the scene for a realistic approach and examination of the risk
Louisiana
Citizens Property Insurance Corporation (2003). http://www.lacitizens.com/.
In addition to utilizing op-eds and
scholarly articles for inspiration, we are directly evaluating the state-backed
Citizens Property Insurance Corporation, which has a presence in
Marchand,
M. (2003). Dealing with flood risk: Proceedings of an interdisciplinary
seminar on the regional implications of modern flood management.
This source provides excellent references
to flood management in the international realm and provides current information
on risk assessment, stakeholder responses to flood management plans, and
regional planning. Policymakers can use international models to see, mold, and
possibly implement the fresh ideas from abroad. Also, policymakers can
participate in the international dialogue to accelerate the planning process
for land use and insurance.
This nonprofit organization is involved
with ensuring the availability of affordable housing for
National
Research Council (
Coastal erosion plays an important role
in floods and therefore needs to be examined for insurance policies. The source
covers the scientific background of coastal erosion covering causes, effects,
and distribution. With technically sophisticated models, scientists predict
future shoreline changes. This source examines the historical shoreline change
method. With the variety of states on the coast, this book outlines state
programs and experiences and outlines national involvement.
National
Research Council. Committee on the Restoration and Protection of Coastal
This study highlights the efforts of the
Louisiana Coastal Area Plan, or Coast 2050, which serves as a guide for current
thinking in the planning of restoring coastal
Niedzielski,
Joe & Seifert, Catherine. (July 13, 2006). Industry Surveys, Insurance:
Property-Casualty. Standard & Poor’s.
This survey includes a background on the
current environment within the insurance industry including information about
improved loss trends, competitive pressures, federal regulation, and changes to
business practice. A property insurance analyst and a financial writer provide
insight into financial buffers, cash circulation, profit predictions, leverage,
and the links between people and the insurance business. As our group focuses
on the possibility of a hurricane tax policy, the issues of profitability and
federal regulation need to be analyzed.
Reiss,
R. -., & Thomas, M. (2001). Statistical analysis of extreme values :
From insurance, finance, hydrology, and other fields (2nd ed.).
This source illuminates the mathematical
models behind the analysis of risk, which is a study of the possibility of
extremes. This source serves as a technical guide to insurance policymakers and
discusses the topics of insurance and general finance. The rebuilding of
Rivlin,
Gary. (January 1, 2006). In New Orleans,
Housing Sales are Bright Spot. New York Times.
As our class explores the possibility of
developing the areas north of Lake Pontchartrain, we want to explore the demand
for housing in order to determine the necessity of building massive
infrastructure projects to span the Lake. The existing bridge connecting the
northern end of
Steinberg,
T. (2000). Acts of god: The unnatural history of natural disaster in
This book adds to the literature
involving Hurricane Katrina another perspective to its aftermath. This source
studies the history of natural disaster in diverse areas not limited to the
Tidwell,
M. (2006). The ravaging tide: Strange weather, future katrinas, and the
coming death of
This source covers the big environmental
issues that led to Hurricane Katrina. Policymakers need to clarify and
understand the source of environmental disasters in order to address the
problem at its source. The insurance industry would reduce its risk if it
advocated government and academia to explore the benefits of clean energy, the
harms of global warming and the possible accompaniment of sea level rise.
This source provides the political
perspective straight from the Beltway and highlights the recent developments
involving flood insurance and borrowing policies. The insurance industry needs
to stay up-to-date in the realm of political regulation of the business.
Legislation and flood laws are examined and affect the industry and the
consumer.
Cost estimates are undertaken in this
study conducted by the Committee on Financial Services. The insurance industry
can utilize these studies to estimate appropriate rates and distribution of
rate policies. Budget authority, tax expenditure, and entitlement authority are
addressed and should be examined by the insurance industry and interested
citizens.
As the title suggests, this Senate
hearing brings up the issue of what insurance should do to affect the
demographics in order to bring about more development in safer regions. This
source gives a sound political reasoning for exempting certain properties from
financial assistance and flood insurance limits. Development on the Capitol
includes the “Two Floods and You are out of the Taxpayers’ Pocket Act of 2003.”
As our group hones in on housing and
building codes, this Federal program provides fantastic information about buying,
owning, selling, and renting options. Additionally, fair housing and home
improvement recommendations are given and provide a good basis of what we need
to consider when we design our approach to revising building codes.
This source serves as a guide to the
Federal Emergency Management Agency’s function and contains data from its flood
insurance study, which is a report of flood hazards in all fifty states. The
history of flooding in different areas, the engineering methods used to counter
the effects of flooding, and flood maps serve as studies needed to reform
regional risk management and determination of insurance policies.
On a micromanagement level, the insurance
industry determines the flood insurance rates for all regions. This source
illuminates the methods, reasoning, and necessity behind formulating these
otherwise seemingly arbitrary rates. A transparent insurance industry leads to
a better informed public, improves the image of the insurance industry, and
results in better services for the consumer.
Policymakers from
the private and public sectors can consult this census to determine the
dynamics of human migration, immigration, and emigration. The trends allow
insurance policymakers to craft adaptable insurance policies that take into
account the added or reduced risk taken by a population influx or loss.
Comments and questions to wmchan@mit.edu