Examining the NFIP's lamentable past and why change is sorely needed
Examining the NFIPās lamentable past and why change is sorelyĀ needed
The National Flood Insurance Program (NFIP) was established with the passing of the National Flood Insurance Act (NFIA) of 1968, with the aim of protecting Americans against the financial hardships of flooding. Congress enacted the NFIP to mitigate increases in federal disaster assistance such as the costly floods of the early 1960s, particularly along the Mississippi River and to distribute theā¦
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