The National Flood Insurance Program: Factors Affecting Actuarial Soundness
CBO – The National Flood Insurance Program: Factors Affecting Actuarial Soundness, November 2009 “The vast majority of homes and small commercial buildings that are insured against flood damage in the United States are covered by the National Flood Insurance Program (NFIP), which is administered by the Federal Emergency Management Agency (FEMA) in the Department of …