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Law Commons

Open Access. Powered by Scholars. Published by Universities.®

2009

Comparative and Foreign Law

United Kingdom

University of Miami International and Comparative Law Review

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Full-Text Articles in Law

The National Flood Insurance Program: Maintaining Its Head Above Water, Aparna Kirknel Majmudar Apr 2009

The National Flood Insurance Program: Maintaining Its Head Above Water, Aparna Kirknel Majmudar

University of Miami International and Comparative Law Review

National flood insurance programs implement flood prevention, create flood zone land-use policy, and establish protocols for relief With climate change and development raising the risk and exposure of human populations to flood, the United States 'National Flood Insurance Program (NFIP) has been heavily scrutinized, especially in the wake of Hurricane Katrina. This article examines the validity of the two main criticisms of NFIP, and seeks to inform a better understanding of NFIP's integrity through a comparative analysis between NFIP and several different flood insurance models in Europe. As a result, this analysis yields recommendations that can benefit NFIP, as well …