Earthquake insurability amd small business.

Bibliography: p. 141-149

Includes references

Examines how federal and state governments should respond to the vulneraility of small businesses to natural disasters. Small businesses comprise major sources of jobs and provide significant revenue to state and local governments. Yet, after disasters, such businesses are vulnerable to serious disruptions in cash flow and eventual loss of market share. The authors explore whether state governments should establish prefunded programs to assist small businesses after disasters, whether the federal government should encourage small business participation in a federal multihazard insurance program if one is created by Congress, and whether the creation of a secondary federal multihazard insurance program (one in which the federal government provides insurance or backing to primary insurers) would affect recovery after disaster. It concludes with several redommendations concerning research into management as it relates to risk and recovery, further modeling of small businesses with actual disaster experience, and better evaluation of hazard risk in relation to geographic location