Solutions to Catastrophe Insurance Market Failures Insurance for catastrophes—floods, wildfires, windstorms, and more—is failing. As a result, the topic of insurance is once again top of mind as residents, first responders, and lawmakers assess billions of dollars in damage and chart a path forward. Jay Feinman, co-director of the Center for Risk and Responsibility at Rutgers… continue reading
The Rutgers Center for Risk and Responsibility at Rutgers Law School announces its report, Helping Homeowners Buy Insurance: Rating the States. The report explains what state insurance departments should be doing to provide information to homeowners insurance consumers and ranks every state against those standards. Some key findings:
Testing an event
The protection gap is the difference between losses that are insured and losses that could or should be insured. The Rutgers Center for Risk and Responsibility at Rutgers Law School Conference on The Protection Gap in Property Insurance addressed the protection gap in residential and commercial property losses and related types of losses in the… continue reading
