Citation
(2001), "Floods", Disaster Prevention and Management, Vol. 10 No. 1. https://doi.org/10.1108/dpm.2001.07310aag.003
Publisher
:Emerald Group Publishing Limited
Copyright © 2001, MCB UP Limited
Floods
Floods
Association of State Floodplain Managers (ASFPM)http://www.floods.org
The Web site of the Association of State Floodplain Managers (ASFPM) now offers several new documents, including a study of the economic effects of charging actuarially based premium rates for Pre-FIRM (Flood Insurance Rate Map) structures. The study found that if the flood insurance subsidy were eliminated among the many pre-FIRM policies, within a year the average premium would increase from $585 to about $2,000 per year. The study analyses various scenarios for eliminating the subsidy. FEMA has proposed adopting a plan under which all pre-FIRM policies, other than those for principal residences, would move to actuarial rates over a seven-year period. The subsidy for principal residences would be reduced more gradually. The site also offers a summary of national flood policy changes recommended by the ASFPM, as well as news from the association.
National Flood Insurance Programhttp://www.fema.gov/library/flolosses.htm
In cooperation with the principal building code organizations, the Association of State Floodplain Managers, and the American Society of Civil Engineers, FEMA has created a guide for building and community officials and others involved in the planning and construction process entitled "Reducing flood losses through the international code series: meeting the requirements of the national flood insurance program". The guide is intended to help communities decide how best to integrate building safety and floodplain management through code enforcement. The document, which can be downloaded from the FEMA Web site above, provides an overview of the NFIP, outlines some broad approaches to managing flood hazard areas, discusses the implications for floodplain management of adopting the new international code series, and points out the many responsibilities that communities assume when they participate in the NFIP – both those covered by the international codes and those that are not.