Flood insurance [electronic resource] : FEMA's rate-setting process warrants attention : report to the Ranking Member, Committee on Banking, Housing, and Urban Affairs, U.S. Senate.
Imprint
[Washington, D.C.] : U.S. Govt. Accountability Office, [2008]
This report evaluates (1) the Federal Emergency Management Agency's (FEMA) process for setting full-risk rates to determine whether it produces rates that accurately reflect the risk of flooding and (2) the process that FEMA uses to set subsidized rates and their effect on the financial condition of NFIP.