FEMANFIPCommunityRatingSystemandCreditingTsunamiMitigationMikeMahoney,FEMAMitigationCRSQuickFactsCRSQuickFactsWhatistheCRS? VoluntaryincentiveprogramforNFIPparticipatingcommunities. Reducedfloodinsurancepremiumsforcitizensinreturnforbetterfloodplainmanagementbycommunities. CRSismodeledaftertheISOfireinsuranceratingsystem.CRSQuick...
FEMA continues to take proactive steps to address the COVID-19 pandemic and to help serve its National Flood Insurance Program (NFIP) customers who may be experiencing financial hardships,the agency is extending the grace period to renew flood insurance policies from 30 to 120 days. This...
communities who have identified Special Flood Hazard Areas but choose to not participate in NFIP can be subject to financial penalties, suspensions of coverage, and ineligibility for disaster assistance. This creates additional disincentive for disadvantaged communities to join NFIP (GAO2013). ...