Number: RL32847
Title: Tsunamis and Earthquakes: Is Federal Disaster Insurance in Our Future?
Authors: Rawle O. King, Government and Finance Division 
Abstract: This report examines the U.S. exposure to tsunamis and earthquakes and the early warning systems that are currently in place to detect these risks. It also examines both the unique nature of catastrophic risk and the challenges that private insurers and reinsurers face in insuring such risks. Finally, the report summarizes the historical efforts to implement a federal program to insure and mitigate risks associated with large-scale natural disasters.
Pages: 23
Date: November 7, 2006