Federal Insurance Administration
E479361
The Federal Insurance Administration is a former U.S. government agency within the Department of Housing and Urban Development that was responsible for administering federal flood insurance and related disaster insurance programs.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf | former United States federal agency ⓘ |
| abbreviation | FIA NERFINISHED ⓘ |
| appliesToJurisdiction |
United States of America
ⓘ
surface form:
United States
|
| country | United States of America ⓘ |
| dissolved | 1979 ⓘ |
| fieldOfWork |
disaster insurance
ⓘ
emergency management ⓘ flood insurance ⓘ insurance regulation ⓘ |
| governmentBranch | executive branch of the United States government ⓘ |
| hasEffect |
expanded availability of flood insurance in the United States
ⓘ
shifted part of flood risk from individuals to the federal government ⓘ |
| hasObjective |
encourage sound floodplain management through insurance mechanisms
ⓘ
reduce financial impact of flooding on individuals and businesses ⓘ |
| hasPart | National Flood Insurance Program NERFINISHED ⓘ |
| hasResponsibility |
administration of federal flood insurance programs
ⓘ
administration of related disaster insurance programs ⓘ coordination with state and local governments on flood insurance matters ⓘ implementation of the National Flood Insurance Program ⓘ managing federal reinsurance for flood risks ⓘ promoting the availability of flood insurance to property owners ⓘ setting federal flood insurance rates and terms ⓘ |
| hasScope |
commercial flood insurance
ⓘ
public building flood insurance ⓘ residential flood insurance ⓘ |
| history |
created to address the lack of affordable private flood insurance in the United States
ⓘ
its functions were transferred to the Federal Emergency Management Agency ⓘ |
| inception | 1968 ⓘ |
| industry |
insurance
ⓘ
public administration ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
federal government of the United States
|
| legalBasis | National Flood Insurance Act of 1968 NERFINISHED ⓘ |
| locatedInTheAdministrativeTerritorialEntity | Washington, D.C. ⓘ |
| operatedUnderDepartment | United States Department of Housing and Urban Development NERFINISHED ⓘ |
| parentAgency | United States Department of Housing and Urban Development NERFINISHED ⓘ |
| partOf |
United States Department of Housing and Urban Development
NERFINISHED
ⓘ
United States disaster preparedness and recovery system ⓘ United States federal flood policy framework ⓘ |
| programTypeManaged |
federal reinsurance program
ⓘ
risk-sharing insurance program ⓘ |
| regulates |
eligibility for participation in federal flood insurance programs
ⓘ
federal flood insurance coverage terms ⓘ |
| replacedBy | Federal Emergency Management Agency NERFINISHED ⓘ |
| serviceArea | flood-prone communities in the United States ⓘ |
| supervises | participating private insurers offering federal flood insurance ⓘ |
| usesInstrument |
flood hazard mapping and zoning requirements
ⓘ
flood insurance policies ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.