Flood Insurance: Opportunities Exist to Improve Oversight of the WYO Program
Description:
A letter report issued by the Government Accountability Office with an abstract that begins "Since 2004, private insurance companies participating in the Federal Emergency Management Agency's (FEMA) Write-Your-Own (WYO) program have collected an average of $2.3 billion in premiums annually and, of this amount, have been paid or allowed to retain an average of $1 billion per year. Questions have been raised about FEMA's oversight of the program in light of the debts FEMA has incurred since the 2…
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Date:
August 21, 2009
Creator:
United States. Government Accountability Office.
Partner:
UNT Libraries Government Documents Department