Transatlantic Solutions to Sea Level Rise Adaptation:
Moving Beyond the Threat

October 30-31, 2013; Old Dominion University in Norfolk, Virginia.

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Panel 4: Flood Insurance and Adaptation: What can the US and EU learn from each other?

Panel presentations:

ODU Coordinator — Michael McShane (Risk Management and Insurance, Old Dominion University, USA)
EU Invitee(s) Academic — Diane Horn (University of London, Birkbeck College, UK) and Karel Heynert (Deltares, Netherlands)

The panel presentations will provide a background on the very different ways that flood insurance in handled in the US, UK, and the Netherlands. In the US, flood coverage is only available from the National Flood Insurance Program (NFIP), which is currently more than $28B in debt. With rising sea levels and increased weather volatility, this deficit is expected to increase. The private insurance market still covers flood in the United Kingdom, but is struggling. In the Netherlands, the focus has been on flood protection resulting in a limited flood insurance market. After panel presentations, the transdisciplinary groups, with at least one flood insurance expert at each table, will discuss the following:

Questions for Group Discussions: