A Study of ABC's National Flood Insurance Program: Expanding Beyond the Borders
Author : Monique Danielle Pilch
Publisher :
Page : 57 pages
File Size : 47,72 MB
Release : 2001
Category :
ISBN :
Author : Monique Danielle Pilch
Publisher :
Page : 57 pages
File Size : 47,72 MB
Release : 2001
Category :
ISBN :
Author : United States. Congress. House. Committee on Banking and Currency. Subcommittee on Housing
Publisher :
Page : 300 pages
File Size : 10,84 MB
Release : 1973
Category : Flood insurance
ISBN :
Author : National Academies of Sciences, Engineering, and Medicine
Publisher : National Academies Press
Page : 151 pages
File Size : 25,7 MB
Release : 2016-02-21
Category : Science
ISBN : 0309380774
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.
Author : United States. Congress. House. Committee on Banking and Currency. Subcommittee on Housing
Publisher :
Page : 292 pages
File Size : 33,70 MB
Release : 1973
Category : Flood insurance
ISBN :
Author : Alicia Puente Cackley
Publisher :
Page : 42 pages
File Size : 35,90 MB
Release : 2013-08-10
Category :
ISBN : 9781457847295
The National Flood Insurance Program (NFIP), established in 1968, is the only federal flood insurance available and may be the sole source of insurance to some residents of flood-prone areas. Mainly due to catastrophic losses in 2005, the program became indebted to the U.S. Treasury and has been unable to repay this debt. GAO placed the program on its High-Risk List in 2006. The Biggert-Waters Flood Insurance Reform Act of 2012 introduced many changes to the program and mandated a study of the effects of increasing the maximum coverage limits ($250,000 for residential buildings and $500,000 for commercial buildings) and providing optional coverage for business interruption and additional living expenses. This report discusses (1) existing flood insurance coverage; (2) the potential effects of changing NFIP coverage limits; and (3) the potential effects of allowing NFIP to offer optional coverage for business interruption and additional living expenses. Tables and figures. This is a print on demand report.
Author : National Flood Insurance Program (U.S.)
Publisher :
Page : 4 pages
File Size : 20,58 MB
Release : 2012
Category : Flood insurance
ISBN :
Author :
Publisher :
Page : 116 pages
File Size : 35,2 MB
Release : 1970-06
Category :
ISBN :
The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.
Author : Fema
Publisher : Createspace Independent Publishing Platform
Page : 150 pages
File Size : 50,74 MB
Release : 2010-08-04
Category :
ISBN : 9781453748220
IS-7 Course Overview This independent study course provides a basic understanding of the roles and responsibilities of the local community, State, and the federal government in providing disaster assistance. It is appropriate for both the general public and those involved in emergency management who need a general introduction to disaster assistance. CEUs: 1.0 Course Length: 10 hours
Author : Cynthia M. Hale
Publisher : DIANE Publishing
Page : 150 pages
File Size : 23,76 MB
Release : 2000
Category :
ISBN : 0788184849
Author : Colin Mason
Publisher : Routledge
Page : 256 pages
File Size : 41,45 MB
Release : 2013-06-17
Category : Law
ISBN : 1136555110
The clock is relentlessly ticking! Our world teeters on a knife-edge between a peaceful and prosperous future for all, and a dark winter of death and destruction that threatens to smother the light of civilization. Within 30 years, in the 2030 decade, six powerful 'drivers' will converge with unprecedented force in a statistical spike that could tear humanity apart and plunge the world into a new Dark Age. Depleted fuel supplies, massive population growth, poverty, global climate change, famine, growing water shortages and international lawlessness are on a crash course with potentially catastrophic consequences. In the face of both doomsaying and denial over the state of our world, Colin Mason cuts through the rhetoric and reams of conflicting data to muster the evidence to illustrate a broad picture of the world as it is, and our possible futures. Ultimately his message is clear; we must act decisively, collectively and immediately to alter the trajectory of humanity away from catastrophe. Offering over 100 priorities for immediate action, The 2030 Spike serves as a guidebook for humanity through the treacherous minefields and wastelands ahead to a bright, peaceful and prosperous future in which all humans have the opportunity to thrive and build a better civilization. This book is powerful and essential reading for all people concerned with the future of humanity and planet earth.