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Earthquake Insurance: Public Policy Perspectives from the Western United States Earthquake Insurance Summit
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Copyright (c) 1998 by Western States Seismic Policy Council

Table of Contents
(page numbers correspond to actual formatted publication)

Forward vii

Contributors/Authors ix

Earthquake Hazards and Insurance

Public Policy Aspects of Earthquake Insurance 15

Steven Ganz
Western States Seismic Policy Council

Insurance as an Integrating Policy Tool for Disaster Management
The Role of Public-Private Partnerships
19

Howard Kunreuther
Wharton School for Business, University of Pennsylvania

Hazard Insurance and Mitigation Measures For Natural Hazards 45

Wei Li
John F. Kennedy School of Government, Harvard University

Earthquake Hazards and Insurance 79

Dan Dunmoyer
Personal Insurance Federation of California

Earthquake Insurance Public Policy and Regulation

Earthquake Insurance: Public Policy Analysis 87

James Ament
State Farm Fire and Casualty Company

Communication as a Tool for Addressing
the Problem of Earthquake Insurance in California
91

Jill Andrews
University of Southern California, Los Angeles, California

Public Policy Issues in Paying for Disaster 97

Mary C. Comerio
University of California at Berkeley

Earthquake Hazard Mitigation in Alaska - Recent Legislative Efforts 101

Representative John Davies
Alaska State Legislature

Challenges and Opportunities in the Use of Insurance
in Effective Earthquake Risk Mitigation Policies
103

James F. Davis
Department of Conservation, Division of Mines and Geology

Regulating Catastrophe Insurance: Issues and Options 105

Robert W. Klein
Center for Risk Management and Insurance Research
Georgia State University

The Role of Earthquake Insurance in the California Earthquake Hazards Reduction Act 125

Richard J. McCarthy, Fred Turner, Amber Williams
California Seismic Safety Commission

The California Earthquake Insurance 131

Richard J. Roth, Jr.
California Insurance Department

IBHS Showcase Communities Program 133

Harvey Ryland
Institute for Business and Home Safety

Earthquake Insurance Claim Tips for Homeowners and Businesses 135

Amy Bach
United Policyholders

Earthquake Insurance and Mitigation

The Role of the Insurance Industry in Earthquake Mitigation 141

Susan Bithell
Farmers Insurance

Residential Earthquake Loss Mitigation: An Insurer's Perspective 145

Gregory Butler
California Earthquake Authority

A Local Government Perspective on the Policy Aspects of
Disaster Mitigation and Fundamental Influence of the Insurance Industry
149

Renee Domingo
Office of Emergency Services, City of Oakland

Earthquake Insurance - Incentive or Disincentive for Mitigation? 151

Ronald O. Hamburger
EQE International, Inc.

Earthquake Risk and Financial Markets

Financing Catastrophe Risk and the Role of Government 159

Franklin W. Nutter
Reinsurance Association of America

Managing Earthquake Risk in Financial Markets 163

Richard R. Belyea
Environmental & Engineering Management, Home Savings of America

Insurance Risk Securitization: New Techniques for Managing Natural Catastrophes 169

David Durbin
Swiss Re

Earthquake Science and Engineering

Scientific and Technical Perspectives on Community Planning and Disaster Resistant Communities 183

Walter W. Hays
United States Geological Survey

Relevance of Earthquake Science and Engineering to Insurance 189

Thomas L. Holzer
United States Geological Survey

Mitigating the Risk: Engineers and Builders 191

Janiele Maffei
Degenkolb Engineers

Earthquake Ground Motions 193

Mark Petersen
California Department of Conservation, Division of Mines and Geology

Characterizing Earthquake Sources in the Western U.S.--Issues, Questions 195

David P. Schwartz
United States Geological Survey

Earthquake Hazard Risk Estimation

Estimation of Damage and Loss 199

Thalia Anagnos
Department of Civil and Environmental Engineering, San Jose State University

Estimating the Risk: Hazard Loss Estimation 201

Karen M. Clark, Robert D. Cicerone, Mark Linker
Applied Insurance Research

EQECAT Loss Modeling Methodology 207

James J. Johnson, Mahmoud M. Khater, Dennis E. Kuzak, and Richard L. Clinton
EQE International, Inc.

Development of a National Earthquake Loss Estimation Methodology 219

Robert V. Whitman, Massachusetts Institute of Technology.
Thalia Anagnos, San Jose State University
Charles A. Kircher, Charles Kircher & Associates
Henry J. Lagorio
R. Scott Lawson, Risk Management Solutions
Philip Schneider, National Institute of Building Sciences

Earthquakes and Building Codes

Building Code Effectiveness Grading Schedule 239

Dennis Gage
Insurance Services Organization

The Building Seismic Safety Council 243

Eugene J. Zeller
Department of Planning and Building, Long Beach, California

Providing Safer Buildings Through Modern Building Codes 247

John R. Henry
International Conference of Building Officials

 

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This publication was compiled by Steven Ganz, Theresa Traynor and Andrea James.

The Western States Seismic Policy Council, the Council of State Governments and the financial sponsors of the 1998 Western United States Earthquake Insurance Summit are not responsible for the statements made in the papers of these proceedings; any opinions are those of the individual authors.

The material contained herein reflects reproduction and reduction from original material submitted by the individual authors. The variable quality of the copy is unavoidable due the scope of the project. Interested readers should contact the individual authors for necessary clarification.

Copyright (c) 1998 by Western States Seismic Policy Council
121 Second Street, 4th Floor
San Francisco, CA 94105
415-974-6435
Fax: 415-974-1747
E-mail: wsspc@wsspc.org

EQECAT Loss Modeling Methodology, Johnson, James J. et al is copyrighted by EQECAT 1998.

Development of a National Earthquake Loss Estimation Methodology, Whitman, Robert V. et al is reprinted from the Earthquake Engineering Research Institute, Earthquake Spectra, Volume 13 No. 4, November 1997.

Copies of this volume may be obtained directly from the Council of State Governments - Iron Works Pike, P.O. Box 11910, Lexington, Kentucky 40578 (606) 244-8000.

C-177-9800

ISBN 0-87292-850-0

Price: $40.00

All rights reserved. No part of this volume may be reproduced, in any form or by any means, without permission in writing from Western States Seismic Policy Council.

Printed in the United States of America

 

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