Horn.Flood

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Based on past exams, the main things you need to know (in rough order of importance) are:

• funding for NFIP including mechanisms & concerns about sustainability

reference	part (a)	part (b)	part (c)	part (d)
E (2017.Fall #8)	funding: - concerns regarding NFIP	participation rate: - why it's low for NFIP	participation rate: - how to increase	wind coverage under NFIP: - arguments for & against
E (2017.Spring#8)	risk transfer process: - crop & flood insurance1	risk transfer process: - criticisms
E (2016.Fall #9)	NFIP challeneges: - sustainability, assessment	flood plain development: - ways to reduce
E (2016.Spring#9)	uninsurability: - of flood risk	functions: - NFIP	Biggert-Waters: - provisions
E (2015.Fall #8)	funding: - NFIP	Biggert-Waters: - NFIP premium subsidies	Biggert-Waters: - NFIP participation rate
E (2015.Spring#9)	see Germani.GovtIns - [Hint: FCC(ES)	statutory mandate: - NFIP	moral hazard: - impact on NFIP	adverse selection: - impact on NFIP
E (2014.Fall #9)	funding: - NFIP	funding: - social securityN	funding: - shortfall for NFIP
E (2013.Fall #13)	ratemaking principles: - satisfied by NFIP?	improvements: - to NFIP

¹ See Germani.GovtIns for the crop insurance part of this question.

^N Not specifically discussed in the Horn reading.

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In Plain English!

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BattleCodes

Memorize:

Conceptual:

Calculational: