The National Flood Insurance Program (NFIP) provides the majority of flood insurance on U.S. residential properties. While insurance agents sell nearly all NFIP policies through private insurance companies, the U.S. government still underwrites them. Flood insurance is also available from private insurers that underwrite it themselves. This report provides information about the size of the private market and compares private with NFIP policies.

The vast majority of homes and small commercial buildings that are insured against flood damage in the U.S. are covered by the Nat. Flood Insur. Program (NFIP). Although the flood insurance (FI) program had been largely self-sustaining in the past, it had to borrow $17 billion from the federal Treasury to pay claims after the catastrophic hurricanes of 2005. That borrowing has highlighted questions about the program¿s financial health, including the actuarial soundness of the premium rates charged on policies that are not explicitly subsidized and the cost of paying claims for properties that have suffered multiple flood losses. This report explains how NFIP sets ¿full-risk¿ premium rates for the FI program. Charts and tables.

Features of New York Real Estate License Exam Prep (NY-RELEP): New York Practices & Law Key Point Review in the same 21 sections as the New York salesperson prelicense course (100 pages) Real Estate Math Key Formula Review & Practice (20 pages) 22 Practice Tests (560 questions with explanations also in NY salesperson order) New York License Examination Sample Test (100 questions with explanations) We know you have worked hard just to get here – you’ve completed or nearly completed your pre-license curricula, and now all you have to do is pass the state license exam. But easier said than done – and that’s where we come in. We know the exam can be tough, and very nerve-wracking to prepare for. That’s why we created New York Real Estate License Exam Prep (NY-RELEP) the way we did. Since we have been managing real estate schools and developing curriculum for forty years, we know how all this works – or fails to work. Let us assure you – you made the right decision buying this publication to prepare for your New York exam. Here’s why. First, NY-RELEP is comprehensive. It contains both extensive content review as well as testing practice. And the text review, unlike most competing books, is New York-specific – not just simplistic national content, but terse, relevant and accurate state and national laws and regulations presented as a set of ‘key point reviews’ ideal for pre-test memorization. NY-RELEP precisely follows the official New York salesperson syllabus topic by topic in the correct ordered sequence. Consequently, the material serves as a more user-friendly review for students who have taken pre-license courses throughout New York containing this required content and organization. Finally, our review content and question selection is tailored to follow the state testing outline promulgated by the state of New York. As such, the breadth and depth of the law reviews and test questions reflect the topic emphasis of New York’s license exam. A word about the tests. The NY-RELEP’s test questions are designed to cover the content covered by the law reviews – which reinforces your learning of the total body of information tested by the state of New York. The questions are direct, to the point, and designed to test your understanding. When you have completed a given test, you can check your answers against the answer key in the appendix. You may also note that each question’s answer is accompanied by a brief explanation to further reinforce your understanding. Your particular study and testing practice strategy using NY-RELEP is up to you. But to fully exploit its comprehensive content coverage, you should try to review and memorize the key point reviews as much as possible. Then you should make every effort to take each exam, review your mistakes, and re-read the key point reviews that cover your weaker areas. In the end, as you know, it’s all up to you. Unlike other publications, we are not going to tell you that using this book will guarantee that you pass the New York state exam. It still takes hard work and study to pass. But we have done our best here to get you ready. Following that, the most we can do is wish you the best of success in taking and passing your state exam. So good luck!!