National Flood Insurance Program


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National Flood Insurance Program

A federal program allowing people to purchase flood insurance.It is administered by the Federal Insurance Administration (FIA),which is a branch of the Federal Emergency Management Agency (FEMA). See flood insurance.

References in periodicals archive ?
Caught in the crossfire are the more than 122,000 Louisiana children who depend on CHIP for health care and the thousands of families who look to the National Flood Insurance Program for coverage.
This map of Harris County, which includes Houston, shows the number of homes insured by the National Flood Insurance Program in each ZIP code that have filed enough claims from 1978 to 2015 to be placed on a list of severe repetitive loss properties.
The City will press Congress and FEMA to take steps to protect homeowners, including delaying or modifying the implementation of some provisions of the new National Flood Insurance Program until measures to ensure that flood insurance stays affordable for low and middle income families are in place.
The package includes an extension of the National Flood Insurance Program and the Pre-Disaster Mitigation Grant Program, both of which were scheduled to expire on September 30.
Despite its faults, the National Flood Insurance Program is one of the U.
Finally, FEMA would need to put staff and procedures in place to administer and oversee the new program while it faces current management and oversight challenges with the National Flood Insurance Program (NFIP).
The House approved a bill in late September to reauthorize and reform the National Flood Insurance Program (NFIP), which, among other things, would improve flood mapping and expand the NFIP to provide for multiple-peril coverage.
Ed Pasterick, senior adviser of the National Flood Insurance Program, a division of FEMA, estimates that 20,000 communities across the U.
FEMA was mandated by Congress to create the Severe Repetitive Loss Properties Pilot Program that will require owners with four or more claims on the National Flood Insurance Program to either mitigate additional flooding or pay higher premiums.
Recently, the nation's home builders called on Congress to reauthorize the National Flood Insurance Program (NFIP) for five years and for FEMA to address repetitive loss properties to ensure the long-term viability of the program.
20 when the House voted 352 to 67 in favor of a bill approved by the House Financial Services Committee to reauthorize the National Flood Insurance Program through 2008.

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