National Flood Insurance Program: Preliminary Views on FEMA’s Ability to Ensure Accurate Payments on Hurricane-Damaged Properties

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Publisher : DIANE Publishing
ISBN 13 : 9781422396773
Total Pages : 28 pages
Book Rating : 4.3/5 (967 download)

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Book Synopsis National Flood Insurance Program: Preliminary Views on FEMA’s Ability to Ensure Accurate Payments on Hurricane-Damaged Properties by :

Download or read book National Flood Insurance Program: Preliminary Views on FEMA’s Ability to Ensure Accurate Payments on Hurricane-Damaged Properties written by and published by DIANE Publishing. This book was released on 2007 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

National Flood Insurance Program

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781719422710
Total Pages : 30 pages
Book Rating : 4.4/5 (227 download)

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Book Synopsis National Flood Insurance Program by : United States Accounting Office (GAO)

Download or read book National Flood Insurance Program written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-05-21 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: National Flood Insurance Program: Preliminary Views on FEMA's Ability to Ensure Accurate Payments on Hurricane-Damaged Properties

National Flood Insurance Program

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (19 download)

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Book Synopsis National Flood Insurance Program by : Orice M. Williams

Download or read book National Flood Insurance Program written by Orice M. Williams and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Preliminary Views on FEMA's Ability to Ensure Accurate Payments on Hurricane-damaged Properties

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Publisher :
ISBN 13 :
Total Pages : 12 pages
Book Rating : 4.:/5 (696 download)

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Book Synopsis Preliminary Views on FEMA's Ability to Ensure Accurate Payments on Hurricane-damaged Properties by : Congress. House. Committee on Homeland Security. Subcommittee on Management, Investigations, and Oversight

Download or read book Preliminary Views on FEMA's Ability to Ensure Accurate Payments on Hurricane-damaged Properties written by Congress. House. Committee on Homeland Security. Subcommittee on Management, Investigations, and Oversight and published by . This book was released on 2007 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO collected data from FEMA, reviewed reinspection reports, reviewed relevant policies and procedures, and interviewed agency officials and others knowledgeable about NFIP.

National Flood Insurance Program

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Publisher : DIANE Publishing
ISBN 13 : 1437900259
Total Pages : 40 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis National Flood Insurance Program by : Orice M. Williams

Download or read book National Flood Insurance Program written by Orice M. Williams and published by DIANE Publishing. This book was released on 2008-05 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Disputes between policyholders & insurers after the 2005 hurricane season highlight the challenges in understanding the cause & extent of damages when properties are subjected to both high winds & flooding. Questions remain over the adequacy of steps taken by the FEMA to ensure that claims paid by the National Flood Insurance Program (NFIP) cover only those damages caused by flooding. This report evaluates: (1) issues that arise when multiple insurance policies provide coverage for losses from a single event; (2) state regulators¿ oversight of loss adjusters; & (3) information that NFIP neglects to assess the accuracy of damage determinations & payments. Includes recommendations. Charts & tables.

An Examination of the National Flood Insurance Program

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Publisher :
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis An Examination of the National Flood Insurance Program by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Download or read book An Examination of the National Flood Insurance Program written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2009 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Federal Emergency Management Agency: Ongoing Challenges Facing the National Flood Insurance Program

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Publisher : DIANE Publishing
ISBN 13 : 9781422399811
Total Pages : 18 pages
Book Rating : 4.3/5 (998 download)

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Book Synopsis Federal Emergency Management Agency: Ongoing Challenges Facing the National Flood Insurance Program by :

Download or read book Federal Emergency Management Agency: Ongoing Challenges Facing the National Flood Insurance Program written by and published by DIANE Publishing. This book was released on 2007 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reauthorization of the National Flood Insurance Program

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Publisher :
ISBN 13 :
Total Pages : 140 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Reauthorization of the National Flood Insurance Program by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Download or read book Reauthorization of the National Flood Insurance Program written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2011 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Affordability of National Flood Insurance Program Premiums

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Publisher : National Academies Press
ISBN 13 : 0309371287
Total Pages : 232 pages
Book Rating : 4.3/5 (93 download)

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Book Synopsis Affordability of National Flood Insurance Program Premiums by : National Research Council

Download or read book Affordability of National Flood Insurance Program Premiums written by National Research Council and published by National Academies Press. This book was released on 2015-08-06 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The National Flood Insurance Program (NFIP) is housed within the Federal Emergency Management Agency (FEMA) and offers insurance policies that are marketed and sold through private insurers, but with the risks borne by the U.S. federal government. NFIP's primary goals are to ensure affordable insurance premiums, secure widespread community participation in the program, and earn premium and fee income that covers claims paid and program expenses over time. In July 2012, the U.S. Congress passed the Biggert-Waters Flood Insurance Reform and Modernization Act (Biggert-Waters 2012), designed to move toward an insurance program with NFIP risk-based premiums that better reflected expected losses from floods at insured properties. This eliminated policies priced at what the NFIP called "pre-FIRM subsidized" and "grandfathered." As Biggert-Waters 2012 went into effect, constituents from multiple communities expressed concerns about the elimination of lower rate classes, arguing that it created a financial burden on policy holders. In response to these concerns Congress passed The Homeowner Flood Insurance Affordability Act of 2014 (HFIAA 2014). The 2014 legislation changed the process by which pre-FIRM subsidized premiums for primary residences would be removed and reinstated grandfathering. As part of that legislation, FEMA must report back to Congress with a draft affordability framework. Affordability of National Flood Insurance Program Premiums: Report 1 is the first part of a two-part study to provide input as FEMA prepares their draft affordability framework. This report discusses the underlying definitions and methods for an affordability framework and the affordability concept and applications. Affordability of National Flood Insurance Program Premiums gives an overview of the demand for insurance and the history of the NFIP premium setting. The report then describes alternatives for determining when the premium increases resulting from Biggert-Waters 2012 would make flood insurance unaffordable.

National Flood Insurance Program: Continued Actions Needed to Address Financial and Operational Issues

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Publisher : DIANE Publishing
ISBN 13 : 1437932622
Total Pages : 26 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis National Flood Insurance Program: Continued Actions Needed to Address Financial and Operational Issues by : Orice Williams Brown

Download or read book National Flood Insurance Program: Continued Actions Needed to Address Financial and Operational Issues written by Orice Williams Brown and published by DIANE Publishing. This book was released on 2010-08 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nat. Flood Insurance Program (NFIP), established in 1968, provides policyholders with insurance coverage for flood damage. FEMA is responsible for managing NFIP. Unprecedented losses from the 2005 hurricane season and NFIP¿s periodic need to borrow from the U.S. Treasury to pay flood insurance claims have raised concerns about the program¿s long-term financial solvency. Because of these concerns and NFIP¿s operational issues, NFIP has been on a high-risk list since March 2006. As of April 2010, NFIP¿s debt to Treasury stood at $18.8 billion. This testimony discusses: (1) NFIP¿s financial challenges; (2) FEMA¿s operational and management challenges; and (3) actions needed to address these challenges. Includes recommendations.

Management and Oversight of the National Flood Insurance Program

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Publisher :
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Management and Oversight of the National Flood Insurance Program by : United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity

Download or read book Management and Oversight of the National Flood Insurance Program written by United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity and published by . This book was released on 2005 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Legislative Proposals to Reform the National Flood Insurance Program

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Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Legislative Proposals to Reform the National Flood Insurance Program by : United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity

Download or read book Legislative Proposals to Reform the National Flood Insurance Program written by United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity and published by . This book was released on 2010 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Flood Insurance: Public Policy Goals Provide a Framework for Reform

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Publisher : DIANE Publishing
ISBN 13 : 1437982948
Total Pages : 19 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Flood Insurance: Public Policy Goals Provide a Framework for Reform by : Orice Williams Brown

Download or read book Flood Insurance: Public Policy Goals Provide a Framework for Reform written by Orice Williams Brown and published by DIANE Publishing. This book was released on 2011-08 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The National Flood Insur. Program (NFIP) had to borrow from the U.S. Treasury to cover losses from the 2005 hurricanes. The outstanding debt is $17.8 billion as of March 2011. This sizable debt, plus operational and mgmt. challenges at FEMA, which administers NFIP, have kept the program on the high-risk list. NFIP¿s need to borrow to cover claims in years of catastrophic flooding has raised concerns about the program¿s long-term financial solvency. This testimony: 1) discusses ways to place NFIP on a sounder financial footing in light of public policy goals for fed. involvement in natural catastrophe insur.; and 2) highlights operational and mgmt. challenges at FEMA that affect the program. This is a print on demand report.

Financial Management: Improvements Needed in National Flood Insurance Program’s Financial Controls and Oversight

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Publisher : DIANE Publishing
ISBN 13 : 1437928102
Total Pages : 44 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Financial Management: Improvements Needed in National Flood Insurance Program’s Financial Controls and Oversight by : Susan Ragland

Download or read book Financial Management: Improvements Needed in National Flood Insurance Program’s Financial Controls and Oversight written by Susan Ragland and published by DIANE Publishing. This book was released on 2011 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. Due to the federal government's role as guarantor, floods impose an enormous potential financial burden on the federal government. Consequently, decision makers at the Dept. of Homeland Security, FEMA, and the Congress need accurate and timely financial information to assess the effectiveness of the National Flood Insurance Program (NFIP). This report assesses whether controls in place during the 2005 to 2007 time frame were effective and whether actions to improve controls are likely to address identified weaknesses. The report reviewed and analyzed FEMA/NFIP guidance, data, and financial reports, and interviewed FEMA officials and contractors. Includes recommendations. Charts and tables.

High-Risk Series: An Update

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Publisher : DIANE Publishing
ISBN 13 : 143798178X
Total Pages : 183 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis High-Risk Series: An Update by :

Download or read book High-Risk Series: An Update written by and published by DIANE Publishing. This book was released on with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt:

FEMA: Action Needed to Improve Administration of the National Flood Insurance Program

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Publisher : DIANE Publishing
ISBN 13 : 1437987249
Total Pages : 86 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis FEMA: Action Needed to Improve Administration of the National Flood Insurance Program by : Orice Williams Brown

Download or read book FEMA: Action Needed to Improve Administration of the National Flood Insurance Program written by Orice Williams Brown and published by DIANE Publishing. This book was released on 2011-09 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: The National Flood Insurance Program (NFIP) has been on a high-risk list since March 2006 because of concerns about its long-term financial solvency and related operational issues. Significant management challenges also affect the Federal Emergency Management Agency¿s (FEMA) ability to administer NFIP. This report examines: (1) the extent to which FEMA¿s management practices affect the administration of NFIP; (2) lessons learned from the cancellation of FEMA¿s attempt to modernize NFIP¿s insurance management system; and (3) limitations on FEMA¿s authority that could affect NFIP¿s financial stability. Includes recommendations. Charts and tables. This is a print on demand report.

The National Flood Insurance Program and Repetitive Loss Properties

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Publisher :
ISBN 13 :
Total Pages : 148 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The National Flood Insurance Program and Repetitive Loss Properties by : United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity

Download or read book The National Flood Insurance Program and Repetitive Loss Properties written by United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity and published by . This book was released on 2001 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: