Search results
Results from the WOW.Com Content Network
The National Flood Insurance Program (NFIP) is a program created by the Congress of the United States in 1968 through the National Flood Insurance Act of 1968 (P.L. 90-448). The NFIP has two purposes: to share the risk of flood losses through flood insurance and to reduce flood damages by restricting floodplain development.
The Risk Rating 2.0 system is the first major overhaul of NFIP rates since the 1970s. The new rating algorithm takes more factors into account and is designed to present more fairly-priced flood ...
The Biggert–Waters Flood Insurance Reform Act of 2012 was "designed to allow premiums to rise to reflect the true risk of living in high-flood areas." [5] The bill was supposed to deal with the increasing debt of the National Flood Insurance Program by requiring the premiums to reflect real flood risks. [6]
FEMA states that approximately 50% of low flood zone risk borrowers think they are ineligible and cannot buy flood insurance. Anyone residing in a community participating in the NFIP can buy flood insurance, [10] even renters. However, unless one lives in a designated floodplain and is required under the terms of a mortgage to purchase flood ...
Before PDF version 1.5, the table would always be in a special ASCII format, be marked with the xref keyword, and follow the main body composed of indirect objects. Version 1.5 introduced optional cross-reference streams, which have the form of a standard stream object, possibly with filters applied. Such a stream may be used instead of the ...
Risk-weight functions - Functions provided as part of the Basel II regulatory framework, which maps the risk parameters above to risk-weighted assets; Minimum requirements - Core minimum standards that a bank must satisfy to use the internal ratings-based approach; The accord provides two broad approaches that a bank can follow: [5] Foundation ...
The Risk Management Framework (RMF) is a United States federal government guideline, standard, and process for managing risk to help secure information systems (computers and networks). The RMF was developed by the National Institute of Standards and Technology (NIST), and provides a structured process that integrates information security ...
PDF is a standard for encoding documents in an "as printed" form that is portable between systems. However, the suitability of a PDF file for archival preservation depends on options chosen when the PDF is created: most notably, whether to embed the necessary fonts for rendering the document; whether to use encryption; and whether to preserve additional information from the original document ...