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Disaster Prevention | by PennPPR
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Disaster Prevention

November 12, 2013 - "Learning from Hurricane Sandy: A Panel Discussion on Reducing Future Disaster Losses" Penn Program on Regulation and the Wharton Risk Management Center sponsored a Risk Regulation Seminar about the recent issue of super storms such as Hurricane Katrina and, more recently, Hurricane Sandy. The seminar specifically addressed the National Flood Insurance Program (NFIP) and the stresses put on it through those super storms. Reforms to the NFIP, passed right before Sandy, included the Biggert-Waters Flood Insurance Reform Act of 2012, which attempted to address some of the more evident issues within the program. Current issues look to see how Biggert-Waters was implemented during and after Sandy. Post-Sandy, there are still many areas where flood insurance can be changed in order to be more effective during the next hurricane super storm. Speakers included Roy E. Wright, Deputy Associate Administrator for Mitigation at the Federal Emergency Management Agency (FEMA); Marion Mollegen McFadden, Chief Operating Officer at Hurricane Sandy Rebuilding Task Force and Supervisory Attorney at the Department of Housing and Urban Development; Katherine Greig, Senior Policy Advisor at the New York City Mayor’s Office of Long-Term Planning and Sustainability; and Sean Kevelighan, Government and Industry Affairs for Zurich North America.

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Taken on November 12, 2013