1、The Emerging Private Residential Flood Insurance Market in the United States AThe Emerging Private Residential Flood Insurance Market in the United StatesCarolyn Kousky,Howard Kunreuther,Brett Lingle,and Leonard ShabmanReport 23-03 July 2018Resources for the FutureiAbout the Authors Carolyn Kousky i

2、s the Associate Vice President for Economics and Policy at Environmental Defense Fund and a nonresident fellow at RFF.Dr.Kouskys research examines multiple aspects of climate risk management and policy approaches for increasing resilience.Howard Kunreuther is the James G.Dinan Professor Emeritus,Ope

3、rations,Information and Decisions(OID)Department at the Wharton School at the University of Pennsylvania.He has a long-standing interest in ways that society can better manage low-probability,high-consequence events related to technological and natural hazards.Brett Lingle manages the First Street F

4、oundation Flood Lab,an initiative that brings together the nations top academic researchers to study and report on the past,present,and future financial and economic impacts of flooding in America.Leonard Shabman is a senior fellow at RFF.His ongoing work focuses on protocols for water development p

5、rojects and ecosystem restoration programs,design of market-like environmental management programs,and increasing the effectiveness of national flood risk management and disaster aid programs.Acknowledgements This report is based on work supported by the Science and Technology Directorate of the US

6、Department of Homeland Security for the Flood Apex Program under Contract HSHQDC-17-C-B0032.The views and conclusions contained in this document are those of the authors and should not be interpreted as necessarily representing the official policies,either expressed or implied,of the US Department o