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FEMA-NFIP $20 Billion Dollar Obama Mess

NFIP IS SCHEDULED FOR CONGRESSIONAL REAUTHORIZATION IN 2017

The US National Flood Insurance Program (NFIP) IS NOW $20 BILLION DOLLARS IN DEBT.

ANOTHER OBAMA ADMINISTRATION $20 BILLION DOLLAR FINANCIAL DISASTER FOR PRESIDENT TRUMP AND CONGRESS TO CLEAN UP.

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The bottom line

California has unparalleled expertise and a culture of “PROGRESSIVE” solutions for managing its flood risk;

 California also has unique needs and intense pressures looking forward.

ALL THINGS CONSIDERED, CALIFORNIANS  MIGHT WANT TO TAKE A CAREFUL LOOK AT THEIR “PROGRESSIVE” PLACE IN THE FOOD CHAIN UNDER THE TRUMP ADMINISTRATION AND REPUBLICAN CONGRESS.

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California, Flood Risk, and the National Flood Insurance Program …

https://californiawaterblog.com/…/californiaflood-risk-and-the-national-floodinsura

DEC 14, 2016 – The US National Flood Insurance Program (NFIP) is an imperfect framework … Since 1994, NFIP damage payouts in California have totaled just 14% of … annual policies since 1994, and records of properties with multiple payouts … Statewide, roughly 7 million people and $580 billion in buildings, public …

The US National Flood Insurance Program (NFIP) IS NOW $20 BILLION DOLLARS IN DEBT. The last time I researched NFIP  circa 2012, it was $18 BILLION DOLLARS UNDERWATER.

NFIP IS SCHEDULED FOR CONGRESSIONAL REAUTHORIZATION IN 2017

ANOTHER OBAMA ADMINISTRATION MULTI-BILLION DOLLAR DISASTER FOR PRESIDENT TRUMP AND CONGRESS TO CLEAN UP.

AND WITH A CHALLENGING CONGRESSIONAL REAUTHORIZATION DISCUSSION LOOMING IN 2017 – WE RECOMMEND A CAREFUL LOOK AT CALIFORNIA’S PLACE IN THE NFIP.  IN PARTICULAR, CALIFORNIA SHOULD NOW EXPLORE A STATE FLOOD INSURANCE PROGRAM, WITH SAVINGS INVESTED IN LONG-TERM RISK REDUCTION.

NFIP IS SCHEDULED FOR CONGRESSIONAL REAUTHORIZATION IN 2017, and this debate promises to be lively.  The Natural Hazards Research and Mitigation Group at UC Davis has been analyzing NFIP DATABASES, EXAMINING PATTERNS OVER THE HISTORY OF THE PROGRAM AND FOCUSING ON FLOOD LOSSES AND FLOOD INSURANCE, PARTICULARLY IN CALIFORNIA. (the sanctuary state?)

California’s Flood Future – California Department of Water Resources

www.water.ca.gov › Flood Topics › FloodSAFE California › Newsletters

As part of the public comment period for California’s Flood Future, DWR and USACE … In addition to tragic loss of life, flooding in California can have a serious …

Key findings from California’s Flood Future include:

  • CALIFORNIA IS AT CATASTROPHIC RISK FOR DEVASTATING FLOODS.California’s diverse geography contributes to the state’s significant flood risk. In many regions, peak flows — the largest volume of water flowing per second through a water system — occur in a very short time frame, which spells disaster.
  • Flooding is a statewide problem. Every California county has experienced a federally declared flood disaster in the past 20 years. Counties with relatively low risk for a major flood event would be impacted by the results of a catastrophic flood elsewhere in the state, when employment centers, transportation facilities, utilities and the economy are affected.
  • THE IMPACTS OF A MAJOR FLOOD WOULD BE DEVASTATING TO CALIFORNIA AND TO THE NATION.In addition to tragic loss of life, flooding in California can have a serious impact on its economy and environmental resources. A major flood in California, which has one of the world’s largest economies, will have an unprecedented impact on the national economy as well. With many more people and structures per square mile in California’s urban areas, the state would likely see much higher recovery costs from a major flood than the $110 billion that has been spent on recovery from Hurricanes Katrina and Rita or the $60 billion that has been appropriated for recovery from Superstorm Sandy.
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Full unedited text

California, Flood Risk, and the National Flood Insurance Program …

https://californiawaterblog.com/…/californiaflood-risk-and-the-national-floodinsura

DEC 14, 2016 – The US National Flood Insurance Program (NFIP) is an imperfect framework … Since 1994, NFIP damage payouts in California have totaled just 14% of … annual policies since 1994, and records of properties with multiple payouts … Statewide, roughly 7 million people and $580 billion in buildings, public …

by Nicholas Pinter, Rui Hui, and Kathy Schaefer

ACROSS THE US AND WORLDWIDE, FLOODING IS THE DEADLIEST AND MOST COSTLY NATURAL DISASTER.

The US National Flood Insurance Program (NFIP) is an imperfect framework for reducing flood losses, but currently the best we’ve got

NFIP IS SCHEDULED FOR CONGRESSIONAL REAUTHORIZATION IN 2017, and this debate promises to be lively. 

The Natural Hazards Research and Mitigation Group at UC Davis has been analyzing NFIP DATABASES, EXAMINING PATTERNS OVER THE HISTORY OF THE PROGRAM AND FOCUSING ON FLOOD LOSSES AND FLOOD INSURANCE, PARTICULARLY IN CALIFORNIA.

Over the history of NFIP, California is one of a few states that has – through dry years and wet – received only a small fraction of payments from NFIP compared to the premiums it has paid in.  Since 1994, NFIP damage payouts in California have totaled just 14% of premiums collected (compared to 560% for the biggest recipient state, Mississippi).  For California, this imbalance exceeds $3 billion (2015 dollars) over 21 years, funds that could have been invested in risk-reduction, floodplain management, and reduced premiums.

California has unparalleled expertise and a culture of progressive solutions for managing its flood risk; the state also has unique needs and intense pressures looking forward.

WITH THE US NFIP FACING AN UNCERTAIN FUTURE – >$20 BILLION IN DEBT,

AND WITH A CHALLENGING CONGRESSIONAL REAUTHORIZATION DISCUSSION LOOMING IN 2017 –we recommend a careful look at California’s place in the NFIP.

In particular, CALIFORNIA SHOULD NOW EXPLORE A STATE FLOOD INSURANCE PROGRAM, WITH SAVINGS INVESTED IN LONG-TERM RISK REDUCTION.  Properly implemented, a state-based insurance program and proactive flood mitigation strategies could synergistically benefit the environment, agriculture, recreation, and water resources. 

THIS APPROACH HAS MAJOR CHALLENGES, WITH IMPLICATIONS BOTH FOR CALIFORNIA AND NATIONWIDE THAT SHOULD BE EXPLORED.

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LOOKS LIKE CALIFORNIA WILL NEED SOME FEDERAL ASSISTANCE?

PHOTOS: Major January storm sweeps across Bay Area | abc7news …

abc7news.com/weather/photosmajorjanuarystormsweepsacrossbayarea/1692140/
3 days ago – A major storm soaked the Bay Area in January giving us major rain totals and some damage from wind and flooding along the way. Share your …
Flooding in Sonoma County causes citizens to band together.
PHOTOS: Major January storm sweeps across Bay Area

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California storm floods: Mapping the impact across Northern California

sf.curbed.com/maps/californiafloods-storm-damage-map

2 days ago – The back-to-back storms that pummeled California since last weekend … has brought MAJOR FLOODING AND DAMAGE TO PARTS OF NORTHERN CALIFORNIA.

CALIFORNIA IS AT CATASTROPHIC RISK FOR DEVASTATING FLOODS.

PRESIDENT TRUMP CONGRESSIONAL REAUTHORIZATION OF THE The US National Flood Insurance Program (NFIP) FUNDING LOOMING IN 2017

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The bottom line

California has unparalleled expertise and a culture of “PROGRESSIVE” solutions for managing its flood risk;

 California also has unique needs and intense pressures looking forward.

ALL THINGS CONSIDERED, CALIFORNIANS  MIGHT WANT TO TAKE A CAREFUL LOOK AT THEIR “PROGRESSIVE” PLACE IN THE FOOD CHAIN UNDER THE TRUMP ADMINISTRATION AND REPUBLICAN CONGRESS.

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California is a state with many sanctuary cities and basically the entire …

sanctuarycities.info/sanctuary_state_california.htm

CALIFORNIA HAS A HUGE ILLEGAL IMMIGRANT POPULATION

and their presence is both condoned but also encouraged by many. Their labor is used by landscapers, …

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‘Sanctuary California’ Faces Bankruptcy if Trump Withholds Funds

www.breitbart.com/california/…/sanctuarycalifornia-faces-immigration-defunding-ba…

Nov 26, 2016 – Although Los Angeles Mayor Eric Garcetti warned President-elect Trump that defunding Sanctuary Cities would cause “social, economic and …

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