In the fourth and final post in our Risk Rating 2.0 series, the Wharton Risk Center had the chance to hear from two flood insurance agents on what, if any, impacts they are already seeing from the changes to the NFIP. …Read More
For the third post in our Risk Rating 2.0 series, the Wharton Risk Center talks with Dave Burt, Founder & CEO of DeltaTerra Capital, an investment research company providing impact assessment tools and working with policy makers to help minimize the damage done to homeowners as asset value adjustments happen.…Read More
We take a deeper look at how to understand flood risk and catastrophe models with Nancy Watkins in the second post of a Q&A-style blog series with a range of experts on the pricing of flood insurance,…Read More
The Wharton Risk Center is pleased to share a blog series with a range of experts on the pricing of flood insurance and is delighted to begin this series with an interview between our Executive Director, Dr. Carolyn Kousky, and the head of the NFIP, David Maurstad.…Read More
In this blog post, Susanna Berkouwer, Joshua Dean, and Kamen Velichkov share an overview of a survey done during fall 2021 with the Climate Resilience Execution Agency for Dominica (CREAD) to study people’s perceptions of hurricane risk and their insurance options.…Read More
Although there are many determinants of face mask-avoidance and related risky behaviors, one key factor is perceived severity of COVID-19. Understanding such health perceptions is necessary for influencing and improving behavior during the crisis. Considerable research in psychology and marketing has found that people are not good at evaluating the severity of different health conditions. …Read More
Can private insurance encourage homeowners to adapt their properties in order to reduce escalating flood losses from climate change? A recent study finds substantial demand for a novel supplementary flood insurance product that funds low-cost adaptations to reduce future damage when rebuilding after a flood—and shows that auto-enrollment increases that demand.…Read More
Katie Collier, a senior at the School of Arts and Sciences, discusses how alternative proteins can provide the hedonic experience of real meat without negative environmental externalities despite some barriers still needing to be overcome.…Read More
Public education campaigns to increase vaccine confidence are regularly changing. This spring we spoke with Elissa Kranzler, a former Risk Center Postdoctoral Research Fellow, about her current position evaluating one such campaign.…Read More
Originally in The Hill, Risk Center Co-Directors, Howard Kunreuther and Robert Meyer, discuss cognitive biases, like myopia and inertia, that prevent people from taking climate action like investing in solar power in this op-ed.…Read More
