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Federal Emergency Management Agency: Challenges Facing the National Flood Insurance Program.

Publication: General Accounting Office Reports & Testimony
Publication Date: 01-JAN-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
GAO-06-174T October 18, 2005

The disastrous hurricanes that have struck the Gulf Coast and Eastern seaboard in recent years--including Katrina, Rita, Ivan, and Isabel--have focused attention on federal flood management efforts. The National Flood Insurance Program (NFIP), established in...

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...1968, provides property owners with some insurance coverage for flood damage. The Federal Emergency Management Agency (FEMA) within the Department of Homeland Security is responsible for managing the NFIP. This testimony offers information from past GAO work on (1) the financial structure of the NFIP;...

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