Description: This report examines the impact of the 2008 Midwest floods on the National Flood Insurance Program (NFIP) in the context of congressional efforts to reauthorize and modify the program before its authorization expires on September 30, 2008. The report begins with an assessment of the risk of flooding in the United States and why Congress might move to rethink the current multifaceted approach to federal flood insurance. The report concludes with lessons learned from the 1993 and 2008 Midwest floods, and an analysis of the NFIP's current financial conditions and major policy issues, as well as a summary of legislative proposals pending before the 110th Congress.
Date: August 11, 2008
Creator: King, Rawle O.
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Partner: UNT Libraries Government Documents Department