Continued Actions Needed to Address Financial and Operational Issues

April 2010
GAO Reports;4/21/2010, preceding p1
Government Document
The article presents the testimony of Financial Markets and Community Investment director Orice Williams Brown before the House of Representatives concerning National Flood Insurance Program (NFIP) and the Federal Emergency Management Administration (FEMA). Brown discusses the financial problems faced by NFIP and operational and management challenges faced by FEMA. The statements are based on the write-your-own (WYO) program, impact of subsidized premium rates, and flood insurance premium rates.


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