NSF LEADING ENGINEERING FOR AMERICA'S PROSPERITY, HEALTH, AND INFRASTRUCTURE (LEAP-HI) MITIGATION AND INSURANCE FULL PROJECT REPORT: STAKEHOLDER PERCEPTIONS OF MITIGATION AND INSURANCE

Abstract

This report summarizes the insights developed during a stakeholder engagement meeting held on September 15th, 2019, as part of a National Science Foundation-funded project. The broader effort focused on providing a scientific framework for evaluating the risks of hurricanes to residential communities and public policies to manage them. One of the primary objectives is to develop a tool that directly supports the management of natural disaster risk and promises long-term societal benefits through improved quality of life and economic competitiveness; we envisioned this meeting as a way to better understanding how practitioners think about mitigation and insurance incentives and options. As a result, representatives from the home building and insurance industries, relevant government agencies, and academia were invited by our team to discuss mitigation and ensure our work aligned with practical needs.