Skip to main content

Managing Environmental Risk Through Insurance

  • Book
  • © 1997

Overview

Part of the book series: Studies in Risk and Uncertainty (SIRU, volume 9)

This is a preview of subscription content, log in via an institution to check access.

Access this book

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (10 chapters)

  1. Managing Societal Risks

  2. Managing Environmental Risks

Keywords

About this book

Can insurance be used as a means to obtain compliance with environmental policy? Answering this question requires examination of a broad mosaic of academic issues, including current systems available for providing compensation and deterrence, use of contracts (including insurance) as substitutes for tort law, limitations of regulatory policy-making by government agencies, pre-conditions for creation of insurance products, and market mechanisms necessary for insurance to be purchased or sold. The purpose of Managing Environmental Risk Through Insurance is to highlight the potential role that insurance and performance standards can play in managing environmental risk. Insurance can play a significant role in dealing with one of the most problematic issues facing society today - how to compensate for environmental exposures.
This book analyzes the ability of insurance to play a role in managing environmental risk. It begins by outlining the role insurance plays in society in contrast to other societal tools for addressing risk: government benefit programs and imposition of involuntary liability using the court system. By so doing, the book describes the comparative advantages of insurance. The book then analyzes the insurability of the risks. Finally, the book applies the insurability analysis to three concrete environmental examples.

Reviews

`...this is an extremely timely book whose message deserves serious attention by policy makers and politicians.'
Journal of Environmental Planning and Management, 41:5 (1998)

Authors and Affiliations

  • Eric Group, Inc., USA

    Paul K. Freeman

  • University of Pennsylvania, USA

    Howard Kunreuther

Bibliographic Information

  • Book Title: Managing Environmental Risk Through Insurance

  • Authors: Paul K. Freeman, Howard Kunreuther

  • Series Title: Studies in Risk and Uncertainty

  • DOI: https://doi.org/10.1007/978-94-011-5360-7

  • Publisher: Springer Dordrecht

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Science+Business Media New York 1997

  • Hardcover ISBN: 978-0-7923-9901-8Published: 30 June 1997

  • Softcover ISBN: 978-94-010-6253-4Published: 12 October 2012

  • eBook ISBN: 978-94-011-5360-7Published: 06 December 2012

  • Series ISSN: 0926-972X

  • Edition Number: 1

  • Number of Pages: XII, 107

  • Topics: Environmental Economics, Finance, general, Economic Policy

Publish with us