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GAO Blasts NFIP Shortcomings; Calls On Congress To Reform ‘High-Risk’ Program

The Government Accountability Office has sounded the alarm on National Flood Insurance Program shortcomings and has called on Congress to restructure the program.

By Arthur D. Postal | Updated on February 21, 2011

The Government Accountability Office has sounded the alarm on National Flood Insurance Program shortcomings and has called on Congress to restructure the program.

The report, released Feb. 16, cited the NFIP as “high risk,” one of approximately 30 government operations the GAO identified as a problem due to “greater vulnerabilities to fraud, waste, abuse and mismanagement or the need for transformation to address economy, efficiency or effectiveness challenges.”

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