National Academies Press: OpenBook

A Community-Based Flood Insurance Option (2015)

Chapter: Appendix A Guest Speakers at Committee Meetings

« Previous: References
Suggested Citation:"Appendix A Guest Speakers at Committee Meetings." National Academies of Sciences, Engineering, and Medicine. 2015. A Community-Based Flood Insurance Option. Washington, DC: The National Academies Press. doi: 10.17226/21758.
×

Appendix A

Guest Speakers at Committee Meetings

Federal Agencies

Vincent Brown, FEMA, Arlington, VA

Bill Lesser, FEMA, Washington, DC

Andy Neal, FEMA, Arlington, VA

Brian Willsey, FEMA, Arlington, VA

State, City, and Regional Entities

Katherine Greig, Mayor’s Office, New York City, NY

André McDonald, Fort Bend Flood Management Association, Fort Bend, TX

Bill Nechaman, New York State Department of Environmental Conservation, Albany, NY

Private Insurance Sector

John Hair, National Association of Mutual Insurance Companies, Washington, DC

Bob Sokolove, Bank of America, Charlotte, NC

Nonprofit Organizations

Len Shabman, Resources for the Future, Washington, DC

Carolyn Kousky, Resources for the Future, Washington, DC

Suggested Citation:"Appendix A Guest Speakers at Committee Meetings." National Academies of Sciences, Engineering, and Medicine. 2015. A Community-Based Flood Insurance Option. Washington, DC: The National Academies Press. doi: 10.17226/21758.
×

This page intentionally left blank.

Suggested Citation:"Appendix A Guest Speakers at Committee Meetings." National Academies of Sciences, Engineering, and Medicine. 2015. A Community-Based Flood Insurance Option. Washington, DC: The National Academies Press. doi: 10.17226/21758.
×
Page 77
Suggested Citation:"Appendix A Guest Speakers at Committee Meetings." National Academies of Sciences, Engineering, and Medicine. 2015. A Community-Based Flood Insurance Option. Washington, DC: The National Academies Press. doi: 10.17226/21758.
×
Page 78
Next: Appendix B Technical Discussion of the Responsibility for Insurance Is Irrelevant (RII) Proposition »
A Community-Based Flood Insurance Option Get This Book
×
Buy Paperback | $54.00 Buy Ebook | $43.99
MyNAP members save 10% online.
Login or Register to save!
Download Free PDF

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 the National Flood Insurance Program (NFIP). Established in 1968, the NFIP is overseen by the Federal Emergency Management Agency (FEMA) and there are about 5.4 million individual policies in the NFIP. The program has experienced a mixture of successes and persistent challenges. Successes include a large number of policy holders, the insurance of approximately $1.3 trillion of property, and the fact that the large majority of policy holders - 80% - pay rates that are risk based. NFIP challenges include large program debt, relatively low rates of purchase in many flood-prone areas, a host of issues regarding affordability of premiums, ensuring that premiums collected cover payouts and administrative fees, and a large number of properties that experience severe repetitive flood losses.

At the request of FEMA, A Community-Based Flood Insurance Option identifies a range of key issues and questions that would merit consideration and further analysis as part of a community-based flood insurance program. As the report describes, the community-based option certainly offers potential benefits, such as the prospect of providing coverage for all (or nearly all) at-risk residents and properties in flood-prone communities. At the same time, many current challenges facing the NFIP may not necessarily be resolved by a community-based approach. This report discusses these and other prominent issues to be considered and further assessed.

  1. ×

    Welcome to OpenBook!

    You're looking at OpenBook, NAP.edu's online reading room since 1999. Based on feedback from you, our users, we've made some improvements that make it easier than ever to read thousands of publications on our website.

    Do you want to take a quick tour of the OpenBook's features?

    No Thanks Take a Tour »
  2. ×

    Show this book's table of contents, where you can jump to any chapter by name.

    « Back Next »
  3. ×

    ...or use these buttons to go back to the previous chapter or skip to the next one.

    « Back Next »
  4. ×

    Jump up to the previous page or down to the next one. Also, you can type in a page number and press Enter to go directly to that page in the book.

    « Back Next »
  5. ×

    Switch between the Original Pages, where you can read the report as it appeared in print, and Text Pages for the web version, where you can highlight and search the text.

    « Back Next »
  6. ×

    To search the entire text of this book, type in your search term here and press Enter.

    « Back Next »
  7. ×

    Share a link to this book page on your preferred social network or via email.

    « Back Next »
  8. ×

    View our suggested citation for this chapter.

    « Back Next »
  9. ×

    Ready to take your reading offline? Click here to buy this book in print or download it as a free PDF, if available.

    « Back Next »
Stay Connected!