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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
Author: Orice Williams Brown
Publisher: DIANE Publishing
Total Pages: 86
Release: 2011-09
Genre: Business & Economics
ISBN: 1437987249

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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.


Fema

Fema
Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
Total Pages: 86
Release: 2018-01-05
Genre:
ISBN: 9781983547263

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


FEMA

FEMA
Author: Orice Williams Brown
Publisher:
Total Pages: 81
Release: 2011
Genre: Flood insurance
ISBN:

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Federal Emergency Management Agency

Federal Emergency Management Agency
Author: William O. Jenkins, Jr.
Publisher: DIANE Publishing
Total Pages: 50
Release: 2006-03
Genre: Political Science
ISBN: 9781422304365

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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.


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
Author: Susan Ragland
Publisher: DIANE Publishing
Total Pages: 44
Release: 2011
Genre: Business & Economics
ISBN: 1437928102

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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.


Flood Insurance: Public Policy Goals Provide a Framework for Reform

Flood Insurance: Public Policy Goals Provide a Framework for Reform
Author: Orice Williams Brown
Publisher: DIANE Publishing
Total Pages: 19
Release: 2011-08
Genre: Business & Economics
ISBN: 1437982948

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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.


Disaster Assistance

Disaster Assistance
Author: DIANE Publishing Company
Publisher: DIANE Publishing
Total Pages: 70
Release:
Genre:
ISBN: 9780788140983

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A report on the Federal Emergency Management Agency's (FEMA) procedures for determining the eligibility for assistance of state & local governments & other recipients following disasters, the controls used to ensure that disbursements made under the program are in accordance with the work authorized by FEMA, & possible options to modify FEMA's eligibility criteria. FEMA may make public assistance grants to state & local governments & certain nonprofit organizations for three general purposes: the removal of debris, emergency protective measures, & permanent restoration.


National Flood Insurance Program

National Flood Insurance Program
Author:
Publisher: DIANE Publishing
Total Pages: 56
Release: 2007
Genre: Flood insurance
ISBN: 9781422398548

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National Flood Insurance Program

National Flood Insurance Program
Author:
Publisher: DIANE Publishing
Total Pages: 68
Release: 2006
Genre: Flood insurance
ISBN: 9781422311684

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