MANAGEMENT

Detailed explanation-1: -The National Flood Insurance Program (NFIP), managed by the Federal Emergency Management Agency (FEMA), enables homeowners, business owners and renters in participating communities to purchase federally backed flood insurance.

Detailed explanation-2: -FEMA retains responsibility for underwriting flood insurance coverage sold under that program and by the NFIP Direct. There are more than five million policyholders nationwide and the NFIP is the nation’s largest single-line insurance program providing nearly $1.3 trillion in coverage against flood.

Detailed explanation-3: -Louisiana has the highest percentage of flood-insured homes-nearly 25% of homes are protected through the NFIP [9] “Flood Insurance Data and Analytics.” Accessed December 29, 2021.