Management And Oversight Of The National Flood Insurance Program

Author : United States. Congress. House. Committee on Financial Services. Subcommittee on Housing and Community Opportunity
Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.56/5 ( download)

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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 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States Government Accountability Office
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781984108883
Total Pages : 58 pages
Book Rating : 4.83/5 ( download)

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Download or read book National Flood Insurance Program written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-23 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: National Flood Insurance Program: FEMA's Management and Oversight of Payments for Insurance Company Services Should Be Improved

Author :
Publisher : DIANE Publishing
ISBN 13 : 9781422398548
Total Pages : 56 pages
Book Rating : 4.44/5 ( download)

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Download or read book National Flood Insurance Program written by and published by DIANE Publishing. This book was released on 2007 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author :
Publisher : DIANE Publishing
ISBN 13 : 1428932887
Total Pages : 52 pages
Book Rating : 4.83/5 ( download)

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Download or read book Federal Emergency Management Agency improvements needed to enhance oversight and management of the National Flood Insurance Program : report to congressional committees. written by and published by DIANE Publishing. This book was released on 2005 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Susan Ragland
Publisher : DIANE Publishing
ISBN 13 : 1437928102
Total Pages : 44 pages
Book Rating : 4.05/5 ( download)

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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.

Author : William O. Jenkins, Jr.
Publisher : DIANE Publishing
ISBN 13 : 9781422304365
Total Pages : 50 pages
Book Rating : 4.61/5 ( download)

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Download or read book Federal Emergency Management Agency written by William O. Jenkins, Jr. and published by DIANE Publishing. This book was released on 2006-03 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of Hurricane Isabel in 2003, this is a report on issues related to the Nat. Flood Insurance Program (NFIP) & its oversight & mgmt. by the Fed. Emergency Mgmt. Agency (FEMA). Private insurance companies sell NFIP policies & adjust claims, while a private program contractor helps FEMA administer the NFIP. This report assesses: (1) the statutory & regulator limitations on coverage for homeowners under the NFIP; (2) FEMA's role in monitoring & overseeing the NFIP; (3) FEMA's response to concerns regarding NFIP payments for Hurricane Isabel claims; & (4) the status of FEMA's implementation of provisions of the Flood Insur. Reform Act of 2004. Impacts from Hurricane Katrina were not part of the report's scope. Tables.

Author : United States. Government Accountability Office
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.47/5 ( download)

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Download or read book National Flood Insurance Program written by United States. Government Accountability Office and published by . This book was released on 2007 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309282934
Total Pages : 275 pages
Book Rating : 4.32/5 ( download)

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Download or read book Levees and the National Flood Insurance Program written by National Research Council and published by National Academies Press. This book was released on 2013-07-18 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Federal Emergency Management Agency's (FEMA) Federal Insurance and Mitigation Administration (FIMA) manages the National Flood Insurance Program (NFIP), which is a cornerstone in the U.S. strategy to assist communities to prepare for, mitigate against, and recover from flood disasters. The NFIP was established by Congress with passage of the National Flood Insurance Act in 1968, to help reduce future flood damages through NFIP community floodplain regulation that would control development in flood hazard areas, provide insurance for a premium to property owners, and reduce federal expenditures for disaster assistance. The flood insurance is available only to owners of insurable property located in communities that participate in the NFIP. Currently, the program has 5,555,915 million policies in 21,881 communities3 across the United States. The NFIP defines the one percent annual chance flood (100-year or base flood) floodplain as a Special Flood Hazard Area (SFHA). The SFHA is delineated on FEMA's Flood Insurance Rate Maps (FIRM's) using topographic, meteorologic, hydrologic, and hydraulic information. Property owners with a federally back mortgage within the SFHAs are required to purchase and retain flood insurance, called the mandatory flood insurance purchase requirement (MPR). Levees and floodwalls, hereafter referred to as levees, have been part of flood management in the United States since the late 1700's because they are relatively easy to build and a reasonable infrastructure investment. A levee is a man-made structure, usually an earthen embankment, designed and constructed in accordance with sound engineering practices to contain, control, or divert the flow of water so as to provide protection from temporary flooding. A levee system is a flood protection system which consists of a levee, or levees, and associated structures, such as closure and drainage devices, which are constructed and operated in accordance with sound engineering practices. Recognizing the need for improving the NFIP's treatment of levees, FEMA officials approached the National Research Council's (NRC) Water Science and Technology Board (WSTB) and requested this study. The NRC responded by forming the ad hoc Committee on Levee and the National Flood Insurance Program: Improving Policies and Practices, charged to examine current FEMA treatment of levees within the NFIP and provide advice on how those levee-elated policies and activities could be improved. The study addressed four broad areas, risk analysis, flood insurance, risk reduction, and risk communication, regarding how levees are considered in the NFIP. Specific issues within these areas include current risk analysis and mapping procedures behind accredited and non-accredited levees, flood insurance pricing and the mandatory flood insurance purchase requirement, mitigation options to reduce risk for communities with levees, flood risk communication efforts, and the concept of shared responsibility. The principal conclusions and recommendations are highlighted in this report.

Author : United States Government Accountability Office
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781720327318
Total Pages : 36 pages
Book Rating : 4.19/5 ( download)

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Download or read book Federal Emergency Management Agency written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-05-29 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal Emergency Management Agency: Oversight and Management of the National Flood Insurance Program

Author : United States Government Accountability Office
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781976202803
Total Pages : 44 pages
Book Rating : 4.09/5 ( download)

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Download or read book Financial Management written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-20 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Department of Homeland Security (DHS), the Federal Emergency Management Agency (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. GAO reviewed and analyzed FEMA/NFIP guidance, data, and financial reports, reviewed prior audit reports, interviewed FEMA officials and contractors, and selected a sample of claim losses paid to determine whether claim files contained key documents. GAO makes seven recommendations to improve NFIP financial management controls and oversight. FEMA agreed with two of GAO's recommendations and cited corrective actions under way, stated that two recommendations were unnecessary because sufficient procedures were already