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Mississippi river towns test parametric insurance to speed flood aid
Mississippi River Basin communities lack FEMA disaster declarations for quick relief. The MRCTI partnership with Munich Re will pilot a parametric insurance pool to rapidly fund emergency response after floods, using river gauges and watershed data to trigger payouts.
MENTIONED IN THIS ARTICLE
Grafton
Federal Emergency Management Agency
Department of Public Works
Michael Morrow
Mississippi River
MRCTI
Munich Re
Nature
Communications Earth & Environment Journal
MACTI
U.S. Geological Survey
Kathy Baughman McLeod
Climate Resilience For All
Colin Wellenkamp
Missouri District 105
Munich
Morrow
Mississippi
Raghuveer Vinukollu
Vinukollu
CCRIF
Caribbean
Carriacou
Petite Martinique
Grenada
New Orleans
Minneapolis
Gulf Coast
Wellenkamp
St. Louis
McLeod
Climate Resilience For