Problems with the US National Flood Insurance Program and Possible Solutions

摘要

With more than 12% of its population living in and over six million buildings located in the boundaries of the 100-year floodplain, the United States faces major challenges from flooding. Since flood insurance is an effective economic measure to deal with flood risk, the US Congress initiated the National Flood Insurance Program (NFIP). This paper describes the NFIP approaches to flood insurance and the successes achieved. The problems occurring in the operation of the NFIP program are enumerated and analyzed. The possible ways suggested by US scholars to solve these problems are summarized. All of these are based on the latest available information