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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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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.



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.



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.



Legislative Proposals To Reform The National Flood Insurance Program


Legislative Proposals To Reform The National Flood Insurance Program
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Author : United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity
language : en
Publisher:
Release Date : 2010

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 has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.




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.




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.




Flood Insurance Public Policy Goals Provide A Framework For Reform


Flood Insurance Public Policy Goals Provide A Framework For Reform
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Author : Orice Williams Brown
language : en
Publisher: DIANE Publishing
Release Date : 2011-08

Flood Insurance Public Policy Goals Provide A Framework For Reform 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 2011-08 with Business & Economics categories.


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.



Federal Emergency Management Agency Improvements Needed To Enhance Oversight And Management Of The National Flood Insurance Program Report To Congressional Committees


Federal Emergency Management Agency Improvements Needed To Enhance Oversight And Management Of The National Flood Insurance Program Report To Congressional Committees
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Author :
language : en
Publisher: DIANE Publishing
Release Date : 2005

Federal Emergency Management Agency Improvements Needed To Enhance Oversight And Management Of The National Flood Insurance Program Report To Congressional Committees 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 2005 with categories.




The Future Of The National Flood Insurance Program


The Future 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 : 2007

The Future 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 2007 with Business & Economics categories.




National Flood Insurance Program


National Flood Insurance Program
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Author : United States. Government Accountability Office
language : en
Publisher: DIANE Publishing
Release Date : 2007

National Flood Insurance Program written by United States. Government Accountability Office and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Flood insurance categories.