Description
this is a risk management one page and half report. Open the national flood insurance program website. Understand the what is national flood insurance program and find the huge problem in this insurance program. Give the opinion or recommendation to improve it. You can rely on my document which I post in here. You have to write on you own. No copy on any website. Please see clear about the time I need you finished by next 9 hours. If you can't finished in next 9 hours please do not write my essay.
Explanation & Answer
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Running head: RISK MANAGEMENT
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Risk Management: The National Flood Insurance Program (NFIP)
Name:
Institutional Affiliation:
Risk Management: The National Flood Insurance Program
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The National Flood Insurance Program (NFIP) is an insurance program backed by the
federal government of the United States to assist victims of flood disasters in meeting property
repair costs after flood damage. An Act of Congress created the program in 1968 – the National
Flood Insurance Act – and is run by the Federal Emergency Management Agency (FEMA).
The program offers coverage against flood damage to properties. This is because standard
homeowner's insurers refuse to cover flooding. Th...
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