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Fema Action Needed To Improve Administration Of The National Flood Insurance Program


Fema Action Needed To Improve Administration Of The National Flood Insurance Program
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Fema Action Needed To Improve Administration Of The National Flood Insurance Program


Fema Action Needed To Improve Administration Of The National Flood Insurance Program
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Author : Orice Williams Brown
language : en
Publisher: DIANE Publishing
Release Date : 2011-09

Fema Action Needed To Improve Administration Of The National Flood Insurance Program written by Orice Williams Brown and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-09 with Business & Economics categories.


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.



National Flood Insurance Program Continued Actions Needed To Address Financial And Operational Issues


National Flood Insurance Program Continued Actions Needed To Address Financial And Operational Issues
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Author : Orice Williams Brown
language : en
Publisher: DIANE Publishing
Release Date : 2010-08

National Flood Insurance Program Continued Actions Needed To Address Financial And Operational Issues written by Orice Williams Brown and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-08 with Business & Economics categories.


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.



Reauthorization Of The National Flood Insurance Program


Reauthorization Of The National Flood Insurance Program
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Author : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
language : en
Publisher:
Release Date : 2012

Reauthorization Of The National Flood Insurance Program written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.




A Blueprint For Coastal Adaptation


A Blueprint For Coastal Adaptation
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Author : Carolyn Kousky
language : en
Publisher: Island Press
Release Date : 2021-05-20

A Blueprint For Coastal Adaptation written by Carolyn Kousky and has been published by Island Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-20 with Architecture categories.


Tens of millions of Americans are at risk from sea level rise, increased tidal flooding, and intensifying storms. A Blueprint for Coastal Adaptation identifies a bold new research and policy agenda and provides implementable options for coastal communities responding to these threats. In this book, coastal adaptation experts present a range of climate adaptation policies that could protect coastal communities against increasing risk, including concrete financing recommendations. Coastal adaptation will not be easy, but it is achievable using varied approaches. A Blueprint for Coastal Adaptation will inspire innovative and cross-disciplinary thinking about coastal policy at the state and local level while providing actionable, realistic policy and planning options for adaptation professionals and policymakers.



The Department Of Homeland Security At 10 Years


The Department Of Homeland Security At 10 Years
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Author : United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs
language : en
Publisher:
Release Date : 2014

The Department Of Homeland Security At 10 Years written by United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with National security categories.




Financial Management Improvements Needed In National Flood Insurance Program S Financial Controls And Oversight


Financial Management Improvements Needed In National Flood Insurance Program S Financial Controls And Oversight
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Author : Susan Ragland
language : en
Publisher: DIANE Publishing
Release Date : 2011

Financial Management Improvements Needed In National Flood Insurance Program S Financial Controls And Oversight written by Susan Ragland and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.


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


High Risk Series An Update
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Author :
language : en
Publisher: DIANE Publishing
Release Date :

High Risk Series An Update written by and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.




Affordability Of National Flood Insurance Program Premiums


Affordability Of National Flood Insurance Program Premiums
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Author : National Academies of Sciences, Engineering, and Medicine
language : en
Publisher: National Academies Press
Release Date : 2016-01-21

Affordability Of National Flood Insurance Program Premiums written by National Academies of Sciences, Engineering, and Medicine and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-21 with Science categories.


When Congress authorized the National Flood Insurance Program (NFIP) in 1968, it intended for the program to encourage community initiatives in flood risk management, charge insurance premiums consistent with actuarial pricing principles, and encourage the purchase of flood insurance by owners of flood prone properties, in part, by offering affordable premiums. The NFIP has been reauthorized many times since 1968, most recently with the Biggert-Waters Flood Insurance Reform Act of 2012 (BW 2012). In this most recent reauthorization, Congress placed a particular emphasis on setting flood insurance premiums following actuarial pricing principles, which was motivated by a desire to ensure future revenues were adequate to pay claims and administrative expenses. BW 2012 was designed to move the NFIP towards risk-based premiums for all flood insurance policies. The result was to be increased premiums for some policyholders that had been paying less than NFIP risk-based premiums and to possibly increase premiums for all policyholders. Recognition of this possibility and concern for the affordability of flood insurance is reflected in sections of the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA 2014). These sections called on FEMA to propose a draft affordability framework for the NFIP after completing an analysis of the efforts of possible programs for offering "means-tested assistance" to policyholders for whom higher rates may not be affordable. BW 2012 and HFIAA 2014 mandated that FEMA conduct a study, in cooperation with the National Academies of Sciences, Engineering, and Medicine, which would compare the costs of a program of risk-based rates and means-tested assistance to the current system of subsidized flood insurance rates and federally funded disaster relief for people without coverage. Production of two reports was agreed upon to fulfill this mandate. This second report proposes alternative approaches for a national evaluation of affordability program policy options and includes lessons for the design of a national study from a proof-of-concept pilot study.



Agile Project Management For Government


Agile Project Management For Government
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Author : Brian Wernham
language : en
Publisher: Maitland and Strong
Release Date : 2012

Agile Project Management For Government written by Brian Wernham and has been published by Maitland and Strong this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Business & Economics categories.


Governments on both sides of the Atlantic have committed to introducing agile change management for faster results with cheaper implementation at lower risk. The first hands-on guide is designed to help public sector leaders reap the rewards of agile methods, based on the latest national and international research.



Federal Register


Federal Register
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Author :
language : en
Publisher:
Release Date : 2013-04

Federal Register written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04 with Delegated legislation categories.