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Webinar: Affordability of National Flood Insurance Program Premiums

Join a free webinar on January 20th, 2016 at 1:00 PM EST to explore a new report on the affordability of National Flood Insurance Program premiums from the National Academies of Sciences, Engineering, and Medicine. The report is the second in a two-part series that offers advice to the Federal Emergency Management Agency (FEMA) as it investigates the affordability of flood insurance premiums that accurately reflect flood risks, and explores options for making premiums more affordable for those who have limited ability to pay.

The first report, released in March 2015, described concepts of affordability, assistance program design decisions, and policy options that could reduce the cost of flood insurance. This follow-on study draws on lessons learned from a proof-of-concept analysis to describe an analytical approach FEMA might use to evaluate affordability policy options.

Participants in the webinar will learn about the studies and take part in a Q&A session with the chair of the report’s authoring committee, Leonard Shabman of Resources for the Future, and committee members Allen Schirm of Mathematica Policy Research and Carolyn Kousky of Resources for the Future. Space is limited, so please register today. Visit the event website for more information. 

 
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Affordability of National Flood Insurance Program Premiums: Report 1

The National Flood Insurance Program (NFIP) is housed within the Federal Emergency Management Agency (FEMA) and offers insurance policies that are marketed and sold through private insurers, but with the risks borne by the U.S. federal ...

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Affordability of National Flood Insurance Program Premiums: Report 2

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 ...

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Levees and the National Flood Insurance Program: Improving Policies and Practices

The Federal Emergency Management Agency's (FEMA) Federal Insurance and Mitigation Administration (FIMA) manages the National Flood Insurance Program (NFIP), which is a cornerstone in the U.S. strategy to assist communities to prepare for, ...

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A Community-Based Flood Insurance Option

River and coastal floods are among the nation's most costly natural disasters. One component in the nation's approach to managing flood risk is availability of flood insurance policies, which are offered on an individual basis primarily through ...

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