National Flood Insurance Program

Financial and Statistical 

Compendium

Fiscal Year 2001

FEDERAL INSURANCE AND MITIGATION ADMINISTRATION

Table of Contents

Message from the FEMA Director. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Message from the FIMA Administrator . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Financial Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Statement of Operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

Program Statistics . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Total Number of Policies in Force . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

Policy Growth Percentage Change. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

Number of Closed Claims. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Total Claim Payments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

Historical Number of Closed Claims . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

Historical Total Claim Payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

Historical Policy, Premium, Coverage, Loss, and Payment Statistics . . . . . . . . . . . . . . . . . . . . . . . 14

Policies in Force and Total Payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

Policy Data by State. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

Loss Data by State. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

Policies, Premium, and Insurance in Force . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

Policies and Premium. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

Policy Data by Zone, Occupancy, and Selected Policy Type . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

Actuarial Rate Review . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

Underwriting Experience . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

Loss and Expense Exhibit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23

Loss and Expense Experience . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

Repetitive Loss Data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27

Insured Repetitive Loss Properties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

Community Rating System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29

Policies in Force and Total Premium for CRS Communities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30

Mitigation Grant Programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31

Federal Mitigation Assistance (FMA) Grant Program. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32

Hazard Mitigation Grant Program . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33

Approved Hazard Mitigation Grant Program Projects by Project Category. . . . . . . . . . . . . . . . . . . 34

Hazard Mitigation Grant Program Flood-Related Grants . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35

Flood Hazard Mapping . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37

Flood Hazard Mapping Highlights . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38

NFIP Financial and Statistical Compendium 1 
Message from the FEMA Director

Dear NFIP Stakeholder:

The events of 2001 have tested all of us at the Federal Emergency Management

Agency (FEMA), as well as all of our partners in emergency management at the

Federal, State, and local levels of government and including our partners in the

private insurance and lending industries. Yet with our experiences together, we

have become stronger as a Nation, and we have come to appreciate more deeply

the contributions all of us have made in serving the most fundamental needs of

the public—the protection of life and property.

I am truly thankful to the National Flood Insurance Program (NFIP) stakeholders

for what you have done during the past year to help protect property owners with

flood insurance and to prevent future flood losses. I am proud of how we have worked together in this high calling of

public service.

But we can and must do even more. We need to persuade more property owners to buy flood coverage, and we

need to keep the customers we already have. We must get the message out to all of America’s property owners that

floods can happen anywhere and that flood insurance protection makes the best sense to protect their property—

even if they’re not required by law to buy the coverage.

I am proud of our commitment to this important effort, and I look forward to working with you to serve the basic mission of the NFIP—the protection of people and property from the threat of flooding, the costliest of all natural disasters.

Sincerely,

Joe M. Allbaugh

Director

Federal Emergency Management Agency
Message from the FIMA Administrator

Dear NFIP Stakeholder,

The NFIP’s 2001 Financial and Statistical Compendium has a new look altogether from previous NFIP stakeholder reports. As a compendium, it offers you a

streamlined view of the past year’s key financial and statistical results. 

The numbers for last year paint a bright picture for the NFIP. More than 19,000

communities are participating in the Program, including the first Class 3 community under the NFIP’s Community Rating System (CRS). Many others have

improved their CRS classifications. With more than 4.3 million policies in force

and in excess of $590 billion worth of coverage, we clearly are fulfilling our mission to protect property owners from flood loss through insurance and effective floodplain management. We gained

more than 630,000 policies brand new to the Program last year. Last June, we paid back what we had borrowed

from the U.S. Treasury to cover heavy losses in the 1990s. All of this reflects the hard work and cooperation of the

NFIP’s stakeholders with FEMA. 

But numbers don’t tell the entire story. During the summer of 2001, the insurance and mitigation functions and programs within FEMA were realigned to ensure the closest coordination for the nation’s natural hazard reduction programs and especially for the NFIP. The former Federal Insurance Administration and the former Mitigation

Directorate have been merged into a single organization: the Federal Insurance and Mitigation Administration. In this

way, FEMA will better serve the dual mission of the NFIP to insure property owners from flood losses and to prevent

or reduce future flood losses through sound floodplain management at the State and community levels. 

This past year also saw us launch a business process improvement initiative to see how we can more effectively use

emerging technologies and e-government to do our work. This evolving concept of operations for the NFIP will lay

the groundwork for fully integrated systems and better business applications to make it easier for agents to sell flood

insurance and consumers to be served by having the coverage. 

Last year, no sooner had we extinguished our debt to the Treasury, when the Gulf Coast and East Coast States were

battered by Tropical Storm Allison. After the final losses had been tallied, Allison had the dubious distinction of

becoming our first billion-dollar storm, and we had to borrow $650 million from the Treasury to pay for losses that

exceeded our reserves. But in so doing, we, along with our Write Your Own partners, once again showed the value

of flood insurance by providing responsive and efficient recovery to 30,000 policyholders who were victims of Allison. 

Against the backdrop of our achievements and efforts last year, we at FEMA look forward to continuing our work with

you to make the NFIP a showcase for responsiveness and sound financial sense. Our work together will serve a

central mission of FEMA: to protect the citizens of this country and reduce the suffering caused by flooding—the

costliest of natural disasters in this country. 

I hope you will join me in taking deserved pride in our accomplishments of this past year and help us work toward

greater success in the future.

Sincerely 

Anthony S. Lowe

Administrator

Federal Insurance and Mitigation Administration
4 NFIP Financial and Statistical Compendium 
Financial Statement

NFIP Financial and Statistical Compendium 5
Statement of Operations

FISCAL YEAR 2001 FISCAL YEAR 2000 

Premium Revenue $1,501,158,392 $1,374,740,111 

Investment Revenue $0 $0 

Federal Policy Fee $96,023,002 $90,962,248 

Workshops $231,200 $224,755 

Miscellaneous $354,521 $673,252 

Flood Studies Collections $5,301,703 $5,311,498 

Prior Year Unexpended Fees $0 $3,283,000 

Total Other Revenue $101,910,426 $100,454,753 

Total Revenue $1,603,068,818 $1,475,194,864 

Transfer to the National Flood Mitigation Fund $20,000,000 $20,000,000 

Transfer to the Flood Map Modernization Fund $17,730,000 $0 

Commissions $13,525,940 $14,096,872 

WYO Expense Allowance $424,622,728 $421,260,739 

Operating Expenses $38,895,469 $46,628,683 

Total Underwriting Expenses $477,044,137 $481,986,294 

Loss and Loss Adjustment Expenses $1,519,087,976 $302,473,496 

Interest Expenses $8,198,669 $26,603,344 

Total Operating Expenses $2,042,060,782 $811,063,134 

Total Administrative Expenses $79,544,412 $76,144,826 

Total Expenses $2,121,605,194 $887,207,960 

Net Income (Loss) ($518,536,376) $587,986,904 

6 NFIP Financial and Statistical Compendium 
Program Statistics

The following exhibits display NFIP historical policy and loss data and analyze our 

current policies in force by zone, occupancy, and policy type. 

NFIP Financial and Statistical Compendium 7
Total Number of

Policies in F

o

r

c

e

as of September 30, 2001

27,476

25,943

6,717

3,206

61,547

93,567

7,042 10,158 3,028

12,928

25,458

25,574 45,177

19,758

14,977 102,482

132,229

64,014 37,329

359,987

1,762,936

41,588

22,142

13,686

10,493

12,971

14,602

11,669

421,028

14,551 27,401

2,327

1,903

12,479

328,882

33,773

76,593 18,168

10,140

5,156

2,903

Vermont

4,845 New Hampshire

38,862 Massachusetts

11,186 Rhode Island

29,452 Connecticut

177,637 New Jersey

16,751 Delaware50,387 Maryland

410 District of Columbia

2,466

Alaska

Hawaii

41,061

48,165

Puerto Rico

0 to 10K10 to 20K20 to 40K40 to 100K100K Plus

Virgin Islands

2,360

✩
Policy Growth Percentage Change 

October 1, 2000 through September 30, 2001 

Virgin Islands 

0.17 

-0.60 

Alaska 

-0.09 

Hawaii 

-8.75 

Puerto Rico 

7.52 Vermont 5.05 New Hampshire 1.42 Massachusetts 0.89 Rhode Island 0.17 Connecticut 1.66 New Jersey 2.68 Delaware 0.81 Maryland 

-1.20 District of Columbia 

-1.82 

-2.09 

10.71 

8.46 

-1.78 

0.28 

1.15 

27.28 -3.99 

0.82 

-1.32 

-1.33 1.20 

-2.67 

1.13 

1.39 

-1.12 

1.60 

-0.31 

1.22 

1.61

1.09 

-1.21 

1.20 

-0.45 

0.20 -0.78 0.06 

4.30 

-0.83 

4.97 

-8.24 

-2.17 

0.37 0.40 

1.12 

-1.75 

1.48 

20.72 

1.94 

0 and below 0.01 to 5 5.01 to 10 10.01 to 15 15.01 to 20 20.01 and above 

✩ 
Number of Closed Claims

for claims incurred from 

October 1, 2000 through September 30, 2001 

0 to 100K 

as of September 30, 2001 

12 

3 

172 

103 

411 

178 

17 

589 1

176 

90 

25 411 

64 

38 

106 

86 

43 59 

5,372 

9,778 

571 

28 

248 27 

19 

14 

6 

22,073 

78 35 

2 

0

4 

215 

123 

96 696 

313 

1 

30 Vermont 27 New Hampshire 

759 Massachusetts 

66 Rhode Island 58 Connecticut 

104 New Jersey 

2 Delaware 

13 Maryland 

0 District of Columbia 1 

Alaska 

60 

Hawaii 

110 

Puerto Rico 

Virgin Islands 

12 

0 to 100 100 to 500 500 to 1,000 1,000 to 10,000 10,000 to 25,000 
Total Claim Payments

(thousands of dollars) 

for claims incur

red from 

50M plus 

October 1, 2000 through September 30, 2001 

as of September 30, 2001 272 

20 

1,633 

675 

13,930 

1,798 

124 

6,544 <1 

2,211 

985 

185 4,784 

607 

331

802 

1,244 

1,006 8,456 

83,894 

157,034 

494 

232 

3,313 413 

113 

55 

48 

807,426 

1,583 346 

3 

0 

27 

2,662 

2,390 

1,403 

10,252 

4,379 

3 

488 

Vermont 

193 New Hampshire 

5,931 Massachusetts 

814 Rhode Island 

1,062 Connecticut 1,186 New Jersey 

40 Delaware 

108 Maryland 

0 District of Columbia 

7 

Alaska 

1,833 

Hawaii 

1,557 

Puerto Rico 

0 to 100K 100K to 1M 1M to 4M 4M to 50M 50M to 1B 

Virgin Islands 

178 
Historical Number of Closed Claims

for claims incur

red from 

January 1, 1978 through September 30, 2001 

as of September 30, 2001 

5,605 

2,761 

7,539 

1,234 

27,921 

47,990 

2,425 

7,094 1,007 

3,046 

5,437 

5,709 23,458 

12,107 

3,747 

34,256 

17,190 

7,242 

23,315 

139,196 

94,689 

15,049 

2,909 

29,572 3,719 

2,471 

941 

312 

119,932 

6,818 2,270 

465 

185 

759 

25,603 

10,641 

10,740 14,198 

4,618 

354 

647 

Vermont 

1,281 New Hampshire 

17,917 Massachusetts 

1,685 Rhode Island 9,764 Connecticut 

51,574 New Jersey 

2,049 Delaware 4,420 Maryland 

29 District of Columbia 165 

Alaska 

1,987 

Hawaii 

14,463 

Puerto Rico 

0 to 2K 2K to 5K 5K to 20K 20K to 50K 50K to 150K 

Virgin Islands 

1,401 
0 to 10M

10M to 50M50M to 100M100M to 750M750M to 3B

Historical Total Claim Payments

(thousands of dollars)

for claims incur

red from 

January 1, 1978 through September 30, 2001

as of September 30, 2001 92,736

51,363

128,126

13,126

307,968

355,124

26,111 93,265 5,215

25,860

31,517

47,820 198,546

155,486

32,709

548,093

414,502

116,911

230,845

1,537,113

1,474,434

231,859

407,330

25,607

50,421

20,016

7,110

1,747

2,211,859

96,664 21,895

4,732

1,315

24,974

351,921

95,258

139,158 167,955

55,885

4,032

5,505

Vermont

9,184 New Hampshire

211,614 Massachusetts

18,947 Rhode Island97,044 Connecticut

572,063 New Jersey

24,418 Delaware46,468 Maryland

607 District of Columbia 2,135

Alaska

55,106

Hawaii

94,958

Puerto Rico

Virgin Islands

33,616 
Historical Policy, Premium, Coverage, Loss, 

and Payment Statistics1 

1979-2001, by Calendar Year 

POLICIES TOTAL TOTAL TOTAL TOTAL LOSS 

YEAR IN FORCE2 PREMIUM3 COVERAGE LOSSES PAID4 PAYMENTS 

1979 1,843,441 $141,535,832 $74,375,240,000 70,613 $483,281,219 

1980 2,103,851 159,009,583 99,259,942,000 41,918 230,414,295 

1981 1,915,065 256,798,488 102,059,859,000 23,261 127,118,031 

1982 1,900,544 354,842,356 107,296,802,000 32,831 198,295,820 

1983 1,981,122 384,225,425 117,834,255,000 51,584 439,454,937 

1984 1,926,388 420,530,032 124,421,281,000 27,688 254,642,874 

1985 2,016,785 452,466,332 139,948,260,000 38,675 368,217,882 

1986 2,119,039 518,226,957 155,717,168,000 13,789 126,388,098 

1987 2,115,183 566,391,536 165,053,402,000 13,400 105,430,130 

1988 2,149,153 589,453,163 175,764,175,000 7,758 51,008,990 

1989 2,292,947 632,204,396 265,218,590,000 36,247 661,663,554 

1990 2,477,861 672,791,834 213,588,265,000 14,767 167,924,241 

1991 2,532,713 737,078,033 223,098,548,000 28,554 353,706,925 

1992 2,623,406 800,973,357 236,844,980,000 44,651 710,260,817 

1993 2,828,558 890,425,274 267,870,761,000 36,043 659,094,761 

1994 3,040,198 1,003,850,875 295,935,328,000 21,582 411,041,373 

1995 3,476,829 1,140,808,119 349,137,768,000 62,427 1,295,495,248 

1996 3,693,076 1,275,176,752 400,681,650,000 52,671 827,959,825 

1997 4,102,416 1,509,787,517 462,606,433,000 30,326 519,461,767 

1998 4,235,138 1,668,246,681 497,621,083,000 57,266 884,459,916 

1999 4,329,985 1,719,652,696 534,117,781,000 47,107 751,470,425 

2000 4,369,087 1,723,824,570 567,568,653,000 16,206 245,178,632 

20015 4,476,836 1,749,121,845 614,738,305,000 40,681 1,207,244,542 

1 The data on this page does not balance with that on other pages because it is for each calendar year period ending December 31. All other 

exhibits in this section reflect data for fiscal years ending September 30. 

2

Policy information is for in-force policies at year’s end. 

3 Includes Federal Policy Fee. Premium from 3-year policies is not annualized. 

4 Loss information is for calendar year when loss occurred, and is for claims closed with payment. 

5 Data for 2001 is preliminary. Late-reported activity will be reflected in future publications. 

14 NFIP Financial and Statistical Compendium 
Policies in Force and Total Payments 

by Fiscal Year 

NFIP Financial and Statistical Compendium 15
Policy Data By State 

as of September 30, 2001 

POLICIES TOTAL AMOUNT AVERAGE AMOUNT TOTAL AVERAGE 

STATE IN FORCE OF INSURANCE OF INSURANCE PREMIUM1 PREMIUM1,2 

Alabama 37,329 $4,416,403,400 $118,310 $14,917,828 $387 

Alaska 2,466 326,201,600 132,280 1,091,098 429 

American Samoa 86 10,703,900 124,464 33,285 375 

Arizona 27,401 3,798,556,500 138,628 11,027,298 390 

Arkansas 13,686 1,006,601,300 73,550 5,664,603 401 

California 328,882 50,752,573,600 154,318 147,419,627 434 

Colorado 14,602 2,071,195,800 141,843 7,264,244 482 

Connecticut 29,452 4,421,512,800 150,126 18,104,141 596 

Delaware 16,751 2,426,393,800 144,851 7,281,466 421 

District of Columbia 410 49,028,600 119,582 136,880 324 

Florida 1,762,936 245,616,336,100 139,322 571,904,502 314 

Georgia 64,014 10,032,491,300 156,723 28,154,093 426 

Guam 182 26,681,200 146,600 142,922 761 

Hawaii 41,061 5,051,837,500 123,033 12,692,109 300 

Idaho 5,156 802,305,100 155,606 2,143,792 403 

Illinois 45,177 4,625,586,300 102,388 21,353,082 458 

Indiana 25,574 2,237,446,900 87,489 12,498,368 474 

Iowa 10,140 873,761,900 86,170 5,303,699 507 

Kansas 10,493 941,333,000 89,711 4,888,982 452 

Kentucky 19,758 1,632,587,600 82,629 9,096,243 446 

Louisiana 359,987 42,410,823,400 117,812 145,314,950 391 

Maine 7,042 870,581,800 123,627 3,910,808 538 

Maryland 50,387 5,708,511,900 113,293 15,800,540 304 

Massachusetts 38,862 5,534,424,600 142,412 24,590,280 613 

Michigan 25,458 2,642,525,800 103,799 12,247,687 466 

Minnesota 10,158 1,172,193,000 115,396 4,432,167 423 

Mississippi 41,588 4,237,765,400 101,899 16,719,448 390 

Missouri 22,142 2,236,658,000 101,014 12,062,608 528 

Montana 3,028 310,612,100 102,580 1,312,764 420 

Nebraska 12,971 1,148,942,300 88,578 5,687,705 425 

Nevada 12,479 1,984,123,500 158,997 5,564,973 432 

New Hampshire 4,845 561,756,500 115,946 2,607,226 522 

New Jersey 177,637 25,345,647,200 142,682 90,026,172 491 

New Mexico 11,669 1,168,846,900 100,167 4,767,612 396 

New York 93,567 13,920,785,700 148,779 55,677,603 577 

North Carolina 102,482 14,706,097,000 143,499 42,351,718 401 

North Dakota 6,717 828,233,000 123,304 3,028,590 437 

Ohio 33,773 3,070,238,900 90,908 16,970,696 487 

Oklahoma 14,551 1,343,484,100 92,329 6,265,562 417 

Oregon 25,943 3,750,569,900 144,570 11,820,164 442 

Pennsylvania 61,547 6,760,373,900 109,841 32,080,243 505 

Puerto Rico 48,165 3,137,465,500 65,140 18,298,181 368 

Rhode Island 11,186 1,594,759,800 142,567 7,527,339 652 

South Carolina 132,229 22,247,813,000 168,252 53,596,582 393 

South Dakota 3,206 322,448,700 100,577 1,446,140 437 

Tennessee 14,977 1,775,656,200 118,559 6,847,169 443 

Texas 421,028 60,635,530,000 144,018 148,801,578 343 

Utah 2,327 322,615,000 138,640 998,732 416 

Vermont 2,903 305,916,000 105,379 1,615,035 539 

Virgin Islands 2,360 269,661,500 114,263 1,311,507 539 

Virginia 76,593 10,794,463,600 140,933 29,954,425 379 

Washington 27,476 3,685,376,900 134,131 12,479,881 440 

West Virginia 18,168 1,315,469,800 72,406 8,851,964 472 

Wisconsin 12,928 1,256,594,100 97,199 6,183,387 464 

Wyoming 1,903 246,251,800 129,402 900,691 459 

TOTAL 4,347,855 $588,744,352,800 $135,410 $1,693,175,437 $377 

1 The Federal Policy Fee is included in the amounts listed in the Total Premium column and the Average Premium column. 

2 The amounts listed in the Average Premium column include an adjustment for the annualization of 3-year policies. Therefore, the amounts in this 

column will be slightly lower than what otherwise would be indicated if Total Premium were divided by Policies in Force. 

16 NFIP Financial and Statistical Compendium 
Loss Data by State1 

as of September 30, 2001 

FISCAL YEAR 2001 JANUARY 1, 1978, TO SEPTEMBER 30, 2001 

TOTAL NUMBER TOTAL CLAIM AVERAGE CLAIM TOTAL NUMBER TOTAL CLAIM AVERAGE CLAIM 

STATE OF LOSSES PAYMENT PAYMENT OF LOSSES PAYMENT PAYMENT 

Alabama 59 $8,365 15,049 $231,858,665 $15,407 

Alaska 1 6,804 165 2,135,276 12,941 

Arizona 35 9,900 2,270 21,895,445 9,646 

Arkansas 28 8,297 2,909 25,607,443 8,803 

California 215 12,380 25,603 351,921,294 13,745 

Colorado 14 3,924 941 7,109,617 7,555 

Connecticut 58 18,314 9,764 97,043,660 9,939 

Delaware 2 19,896 2,049 24,417,825 11,917 

District of Columbia 0 0 0 29 607,154 20,936 

Florida 9,778 16,060 94,689 1,474,434,413 15,571 

Georgia 43 23,402 7,242 116,911,043 16,143 

Guam 0 0 25 290,768 11,631 

Hawaii 60 30,546 1,987 55,106,392 27,733 

Idaho 1 3,430 354 4,031,852 11,389 

Illinois 411 11,640 23,458 198,546,080 8,464 

Indiana 25 7,393 5,709 47,820,315 8,376 

Iowa 313 13,990 4,618 55,885,476 12,102 

Kansas 27 15,283 3,719 50,420,715 13,558 

Kentucky 64 9,486 12,107 155,485,508 12,843 

Louisiana 5,372 15,617 139,196 1,537,113,214 11,043 

Maine 17 7,289 2,425 26,110,850 10,767 

Maryland 13 8,313 4,420 46,467,752 10,513 

Massachusetts 759 7,814 17,917 211,614,356 11,811 

Michigan 90 10,949 5,437 31,517,030 5,797 

Minnesota 589 1 11,110 7,094 93,264,516 13,147 

Mississippi 571 19 14,809 23,315 230,845,375 9,901 

Missouri 248 13,359 29,572 407,330,248 13,774 

Montana 1 440 1,007 5,215,404 5,179 

Nebraska 19 12,505 5,921 2,471 20,015,601 8,100 

Nevada 4 6,718 759 24,973,527 32,903 

New Hampshire 27 192,772 7,140 1,281 9,183,629 7,169 

New Jersey 104 1,186,039 11,404 51,574 572,062,520 11,092 

New Mexico 6 48,247 8,041 312 1,746,576 5,598 

New York 178 1,798,369 10,103 47,990 355,123,686 7,400 

North Carolina 106 802,005 7,566 34,256 548,092,518 16,000 

North Dakota 172 1,632,871 9,493 7,539 128,125,902 16,995 

Ohio 123 19,428 10,641 95,258,248 8,952 

Oklahoma 78 20,289 6,818 96,664,169 14,178 

Oregon 3 6,601 2,761 51,362,914 18,603 

Pennsylvania 411 33,893 27,921 307,968,070 11,030 

Puerto Rico 110 1,556,567 14,151 14,463 94,957,597 6,566 

Rhode Island 66 814,143 12,336 1,685 18,946,967 11,244 

South Carolina 86 1,243,627 14,461 17,190 414,502,412 24,113 

South Dakota 103 674,829 6,552 1,234 13,126,297 10,637 

Tennessee 38 8,712 3,747 32,709,020 8,729 

Texas 22,073 36,580 119,932 2,211,858,694 18,443 

Utah 2 1,270 465 4,731,598 10,175 

Vermont 30 16,268 647 5,505,381 8,509 

Virgin Islands 12 178,445 14,870 1,401 33,615,552 23,994 

Virginia 96 14,614 10,740 139,158,075 12,957 

Washington 12 22,694 5,605 92,735,621 16,545 

West Virginia 696 10,252,292 14,730 14,198 167,954,538 11,829 

Wisconsin 176 12,560 3,046 25,859,697 8,490 

Wyoming 0 0 185 1,314,777 7,107 

$493,537 

6,804 

346,487 

232,316 

2,661,783 

54,939 

1,062,237 

39,792 

157,034,495 

1,006,280 

0 

1,832,751 

3,430 

4,784,189 

184,821 

4,378,889 

412,634 

607,082 

83,893,606 

123,907 

108,071 

5,931,077 

985,401 

6,543,71

8,456,1

3,312,980 

440 

1

26,873 

2,389,616 

1,582,552 

19,803 

13,930,208 

331,062 

807,425,726 

2,540 

488,054 

1,402,962 

272,325 

2,210,505 

0 

TOTAL 43,525 $1,135,072,713 $26,079 831,938 $10,978,679,385 $13,197 

1 The data above reflects only closed-with-payment claims. Counts and payments on open claims and counts on closed-without-payment claims are 

excluded. 

NFIP Financial and Statistical Compendium 17 
Policies, Premium, and Insurance in Force 

Fiscal Year 2001, by Month 

POLICIES TOTAL AVERAGE TOTAL AMOUNT AVERAGE AMOUNT 

MONTH IN FORCE PREMIUM1 PREMIUM2 OF INSURANCE OF INSURANCE 

Oct 2000 4,274,197 $1,664,087,264 $359 $550,611,155,000 $128,822 

Nov 2000 4,268,920 $1,662,814,506 $361 $552,007,902,900 $129,309 

Dec 2000 4,255,425 $1,659,183,560 $362 $553,119,467,500 $129,980 

Jan 2001 4,264,138 $1,661,866,803 $364 $555,744,496,600 $130,330 

Feb 2001 4,264,216 $1,661,880,872 $365 $557,418,096,400 $130,720 

Mar 2001 4,257,312 $1,659,920,622 $366 $558,792,714,100 $131,255 

Apr 2001 4,262,123 $1,659,925,982 $367 $561,194,680,400 $131,670 

May 2001 4,258,714 $1,660,418,998 $370 $563,511,721,400 $132,320 

Jun 2001 4,254,807 $1,660,375,118 $372 $565,582,597,600 $132,928 

Jul 2001 4,277,626 $1,668,986,331 $374 $573,166,985,900 $133,992 

Aug 2001 4,329,016 $1,686,424,034 $375 $583,210,843,700 $134,721 

Sep 2001 4,347,855 $1,693,175,437 $377 $588,744,352,800 $135,410 

1

Includes Federal Policy Fee.

2

Includes 3-year policies for which average premium has been annualized.

18 NFIP Financial and Statistical Compendium 
Policies and Premium 

Fiscal Year 2001, by Month 

NFIP Financial and Statistical Compendium 19
Policy Data by Zone, Occupancy, and Selected Policy Type 

as of September 30, 2001 

POLICIES IN TOTAL AVERAGE TOTAL AMOUNT AVERAGE AMOUNT 

FORCE PREMIUM1 PREMIUM1,2 OF INSURANCE OF INSURANCE 

ZONE 

A ZONES 2,921,786 $1,214,769,091 $403 $377,033,422,200 $129,042 

V ZONES 82,485 $74,729,571 $877 $11,058,695,600 $134,069 

B, C, AND X ZONES 1,338,204 $400,516,708 $290 $200,106,834,600 $149,534 

OTHER3 5,380 $3,025,067 $545 $545,400,400 $101,376 

TOTAL 4,347,855 $1,693,175,437 $377 $588,744,352,800 $135,410 

OCCUPANCY 

RESIDENTIAL 

Single-Family 

Two- to Four-Family 

Other Residential 

RCBAP 

NONRESIDENTIAL 

3,021,199 $1,229,876,070 $394 $433,896,240,900 $143,617 

159,824 $67,587,737 $410 $18,863,825,000 $118,029 

147,842 $63,502,543 $417 $14,795,107,900 $100,074 

822,762 $108,489,689 $132 $71,006,962,500 $86,303 

196,228 $223,719,398 $1,105 $50,182,216,500 $255,734 

TOTAL 4,347,855 $1,693,175,437 $377 $588,744,352,800 $135,410 

SELECTED POLICIES 

RCBAP4 822,762 $108,489,689 $132 $71,006,962,500 $86,303 

PRP5 761,731 $182,149,883 $239 $130,792,351,500 $171,704 

GROUP FLOOD 36,669 $7,333,800 $200 $528,033,600 $14,400 

MPPP6 7,020 $6,299,057 $897 $364,140,600 $51,872 

1

Includes Federal Policy Fee.

2

Includes 3-year policies for which average premium has been annualized.

3

Includes D Zones, Emergency Program, and records on which the zone code is missing or invalid.

4

RCBAP stands for Residential Condominium Building Association Policy.

5

PRP stands for Preferred Risk Policy.

6

MPPP stands for Mortgage Portfolio Protection Program. 

20 NFIP Financial and Statistical Compendium 
Actuarial Rate Review 

The following exhibits from the NFIP Actuarial Rate Review examine NFIP loss data 

through December 31, 2000. The latest Actuarial Rate Review can be found on the 

NFIP web site (www.fema.gov/nfip/rate_rev01.pdf). 

NFIP Financial and Statistical Compendium 21 
Underwriting Experience 

by Calendar/Accident Year, 1978-2000 

EARNED AVERAGE EARNED AVERAGE AVERAGE OPERATING 

EXPOSURES AMOUNT OF PREMIUM2 LOSS & LAE3 AVERAGE OPERATING LOSS & LAE PROFIT/ 

YEAR (MILLIONS) INSURANCE1 (MILLIONS) (MILLIONS) PREMIUM1 EXPENSE1,4 COST1,3 (DEFICIT)1 

2000 4.25 $126,322 $1,492.3 $246.4 $350.73 $129.62 $57.92 $163.19 

1999 4.17 $119,569 $1,396.5 $779.1 $334.86 $126.25 $186.82 $21.79 

1998 4.09 $115,639 $1,294.0 $917.8 $316.69 $115.52 $224.61 ($23.44) 

1997 3.80 $108,397 $1,054.9 $539.8 $277.90 $100.59 $142.22 $35.09 

1996 3.52 $102,309 $904.9 $857.6 $256.73 $97.76 $243.30 ($84.33) 

1995 3.20 $99,023 $819.4 $1,331.3 $256.14 $100.48 $416.12 ($260.45) 

1994 2.85 $96,712 $734.6 $423.4 $258.20 $93.32 $148.82 $16.07 

1993 2.67 $94,301 $667.9 $678.4 $250.45 $92.64 $254.39 ($96.58) 

1992 2.54 $90,400 $626.9 $734.6 $246.90 $91.83 $289.34 ($134.26) 

1991 2.47 $87,527 $602.2 $367.9 $243.48 $84.65 $148.76 $10.08 

1990 2.33 $85,005 $570.4 $174.2 $244.40 $82.40 $74.63 $87.37 

1989 2.17 $83,044 $531.3 $677.6 $244.59 $87.40 $311.96 ($154.77) 

1988 2.10 $80,350 $491.3 $53.5 $234.44 $73.56 $25.55 $135.33 

1987 2.07 $76,700 $462.1 $110.2 $222.74 $70.14 $53.09 $99.50 

1986 2.03 $71,110 $403.4 $131.5 $198.25 $63.53 $64.60 $70.12 

1985 1.92 $66,888 $364.8 $382.4 $189.95 $55.49 $199.08 ($64.63) 

1984 1.92 $61,862 $334.9 $265.8 $174.68 $48.10 $138.67 ($12.08) 

1983 1.92 $58,105 $313.0 $460.8 $163.24 $42.06 $240.31 ($119.14) 

1982 1.89 $55,168 $247.7 $209.4 $130.90 $38.76 $110.68 ($18.55) 

1981 1.97 $50,883 $181.0 $134.9 $92.00 $31.60 $68.57 ($8.17) 

1980 1.95 $45,101 $149.2 $244.0 $76.38 $29.51 $124.92 ($78.05) 

1979 1.62 $37,650 $125.5 $505.8 $77.26 $23.80 $311.40 ($257.94) 

1978 1.06 $33,150 $81.8 $155.6 $77.20 $26.85 $146.87 ($96.52) 

1

Per policy.

2

Earned Premium does not include the Federal Policy Fee, nor are the expenses covered by that fee included in this exhibit. 

3

LAE = Loss Adjuster Expenses. Loss and Loss Adjuster Expenses includes an allowance for open claims.

4

Includes agent commission.

22 NFIP Financial and Statistical Compendium 
1969-2000 

61,452,769 

$430,469,562 

$228.76 

$174.03 

$34.75 

$46.99 

($27.01) 

4.2% 

15.2% 

1This is a history of our underwriting experience and does not reflect our current rate levels and current rate adequacy. Readers interested in getting a better understanding of the current rate levels should refer to the Actuarial Rate Review (www.fema.gov/nfip/rate_rev01.pdf). 2Operating deficits in line 11 are due mainly to past rate adequacies. 

$14,058,183,865 

$10,264,088,314 

$2,135,708,344 

$2,887,945,105 

58,518,830 

$13,849,992,113 

$9,973,725,129 

$408,322,709 

$2,090,890,818 

$2,812,873,869 

$236.68 

$177.41 

$35.73 

$48.07 

($24.54) 

4.1% 

15.1% 

1978-2000 

44,266,806 

$12,052,110,380 

$7,724,567,212 

$298,683,913 

$1,807,816,557 

$2,556,234,230 

$272.26 

$181.25 

$40.84 

$57.75 

($7.57) 

3.9% 

15.0% 

1986-2000 

Loss and Expense Exhibit1 

1969-2000

14,252,024 

$1,797,881,733 

$2,249,157,917 

$109,638,796 

$283,074,261 

$256,639,639 

$126.15 

$165.51 

$19.86 

$18.01 

($77.23) 

4.9% 

15.7% 

1978-1985 1974-1977 

2,517,054 

$183,143,214 

$236,787,191 

$17,492,064 

$37,999,048 

$64,436,942 

$72.76 

$101.02 

$15.10 

$25.60 

($68.96) 

7.4% 

20.7% 

1969-1973 

416,885 

$25,048,538 

$53,575,994 

$4,654,789 

$6,818,478 

$10,634,294 

$60.09 

$139.68 

$16.36 

$25.51 

($121.46) 

8.7% 

27.2% 

10) Average Operating Costs Other Than 9) Average Insurance Agent Commission 

Agent Commission & Loss Adj. Exp. 

11) Operating Profit/(Deficit) per Policy2 8) Average Loss & Loss Adjuster Cost 6) Direct & Bureau General Expense 

and WYO Operating Allowance 

C O S T S O F A N ALY S I S 

5) Insurance Agent Commission 

12) Loss Adjuster Expense as a 

7) Average Premium per Policy 

Percentage of Premium 

13) Agent Commission as a 

D A T A 

4) Loss Adjuster Expense 

Percentage of Loss 

1) Earned Exposures 

per Exposure Unit 

F I N 2) Earned Premium 3) Losses Incurred 

A N C I A L 

NFIP Financial and Statistical Compendium 23 
Loss and Expense Experience1 

Accident Period 1978-2000 

AE, A1-A30 

VE, V1-V30 UNNUMBERED POST-FIRM 

POST-FIRM A ZONE & PRE-FIRM B,C,X B,C,X AO & AH AOB & ACTUARIAL 

POST-10/81 POST-FIRM ACTUARIAL STANDARD PRP POST-FIRM AHB TOTALS 

1) Earned Exposures 237,654 985,030 13,663,045 13,358,539 3,167,842 142,332 2,359,313 33,913,756 2) Average Earned Premium $749.73 $270.81 $181.61 $185.08 $196.20 $395.89 $163.03 $190.52 3) Number of Paid Losses 3,125 6,068 81,135 140,142 27,762 623 11,177 270,032 4) Average Loss Payment $17,898.75 $13,756.39 $14,123.81 $13,385.05 $13,046.95 $15,081.57 $11,573.49 $13,561.77 5) Loss Ratio 0.31 0.31 0.46 0.76 0.58 0.17 0.34 0.57 6) Loss Frequency per 

100 Policy Contracts 1.9 0.6 0.7 1.2 0.9 0.5 0.6 0.9 

7) Average Loss Cost 

per Policyholder $235.36 $84.74 $83.87 $140.42 $114.34 $66.01 $54.83 $107.98 

8) Other Expenses 

(Average per Policyholder) 

a) Servicing Facility/WYO 

Operating Allowance $72.55 $47.11 $42.37 $42.56 $57.81 $53.75 $41.39 $44.22 

b) Agent Commission $112.46 $40.62 $27.24 $27.76 $29.43 $59.38 $24.45 $28.58 c) Loss Adjuster $9.25 $5.83 $3.47 $5.36 $5.80 $2.81 $2.86 $4.50 d) Total $194.25 $93.56 $73.08 $75.68 $93.04 $115.95 $68.70 $77.29 

9) Operating Surplus/(Deficit)2 

per Policyholder on Paid Basis $320.12 $92.51 $24.65 ($31.02) ($11.18) $213.93 $39.50 $5.25 

10) Total Operating 

Surplus/(Deficit)3 $76,078,267 $91,121,043 $336,833,711 ($414,357,070) ($35,420,190) $30,448,641 $93,189,299 $177,893,701 

1 This is a history of our underwriting experience and does not reflect our current rate levels and current rate adequacy. Readers interested in getting a better understanding of the current rate levels should refer to the Actuarial Rate Review (www.fema.gov/nfip/rate_rev01.pdf). 2 Operating surpluses are the policyholder contribution in periods of relatively better loss experience toward reserves used to fund high-loss years. 3 Operating deficits in line 10 are due mainly to past rate adequacies. 

(continued on next page) 

24 NFIP Financial and Statistical Compendium 
PROGRAM 

58,476,698 

$236.68 

794,372 

$12,504.17 

$169.86 

$48.07 

$35.50 

$6.95 

$90.52 

($23.70) 

($1,386,119,003) 

TOTALS 

1 This is a history of our underwriting experience and does not reflect our current rate levels and current rate adequacy. Readers interested in getting a better understanding of the current rate levels should refer to the Actuarial Rate Review (www.fema.gov/nfip/rate_rev01.pdf). 2 Operating surpluses are the policyholder contribution in periods of relatively better loss experience toward reserves used to fund high-loss years. 3 Operating deficits in line 10 are due mainly to past rate adequacies. 

SUBSIDIZED 

22,014,420 

$299.08 

492,027 

$12,113.52 

0.91 

2.3 

$270.74 

$52.00 

$44.86 

$10.91 

$107.77 

($79.44) 

($1,748,740,584) 

TOTALS 

EMERGENCY 

3,197,322 

$111.91 

104,657 

$5,625.92 

1.65 

3.3 

$184.15 

$40.20 

$16.79 

$10.43 

$67.42 

($139.67) 

($446,558,191) 

PROGRAM 

Loss and Expense Experience1 

Accident Period 1978-2000 

(continued) 

VE,V1-V30 

5,557 

0.18 

0.5 

$55.34 

$52.80 

$3.21 

$111.34 

1,024,767 

$351.99 

$11,869.88 

$64.37 

$176.28 

$180,644,144 

A

PRE-FIRM 

O & AH 

0.91 

2.4 

12,887,920 

$336.60 

287,142 

$13,822.60 

$307.97 

$54.37 

$50.49 

$11.88 

$116.73 

($88.11) 

($1,135,498,835) 

AE, A1-A30 

PRE-FIRM 

3,612,217 

$292.61 

67,470 

$12,949.02 

0.83 

1.9 

$241.87 

$51.59 

$43.89 

$9.62 

$105.11 

($54.36) 

($196,353,936) 

PRE-FIRM 

A ZONE POST-FIRM 

PRE-10/81 

200,739 

$327.21 

3,059 

$20,489.57 

0.95 

2.2 

$312.23 

$53.77 

$49.08 

$10.79 

$113.64 

($98.66) 

($19,805,677) 

VE,V1-V30 

PRE-FIRM 

1,091,454 

$370.92 

24,142 

$16,569.82 

0.99 

2.5 

$366.51 

$56.53 

$55.64 

$12.42 

$124.59 

($120.18) 

($131,168,089) 

9) Operating Surplus/(Deficit)2 

per Policyholder 

8) Other Expenses 

(Average per Policyholder) a) Servicing Facility/WYO 

2) Average Earned Premium 

Operating Allowance 

3) Number of Paid Losses 4) Average Loss Payment 

b) Agent Commission 100 Policy Contracts 

6) Loss Frequency per 7) Average Loss Cost 1) Earned exposures 

Surplus/(Deficit)3 

c) Loss Adjuster 

10) Total Operating 

per Policyholder 

on Paid Basis 

5) Loss Ratio 

d) Total 

NFIP Financial and Statistical Compendium 25 0.72 1.5 
26 NFIP Financial and Statistical Compendium 
Repetitive Loss Data 

The following exhibit displays information about the NFIP’s repetitive loss properties and 

a subset of the highest-risk properties known as the Repetitive Loss Target Group 

(RLTG). 

Repetitive loss properties consist of all properties that have had two or more losses 

exceeding $1,000 each within any rolling 10-year period. 

Properties in the RLTG meet at least one of the following criteria: 

• Four or more losses, or 

• Two or three losses where the total losses paid equal or exceed the property value. 

Of the approximately 95,000 properties that have sustained repetitive losses, 47,128 

currently are insured. Of these, about 10,000 properties meet the criteria for inclusion in 

the RLTG, and have been transferred to the Special Direct Facility. 

NFIP Financial and Statistical Compendium 27 
Insured Repetitive Loss Properties 

as of December 31, 2001 

PAID LOSSES 

REPETITIVE SUSTAINED PAYMENTS TOTAL 

LOSS BY REPETITIVE ON THOSE RLTG 

REGION STATE PROPERTIES LOSS LOSSES PROPERTIES1 

REGION I 

Connecticut 574 1,693 $26,827,398.51 152 

Maine 63 163 $3,177,117.82 23 

Massachusetts 1,504 4,094 $62,661,447.88 285 

New Hampshire 37 90 $1,403,058.55 2 

Rhode Island 80 249 $4,944,975.22 23 

Vermont 22 54 $579,230.50 3 

REGION II 

New Jersey 3,729 11,345 $169,801,396.87 1,009 

New York 2,814 7,475 $95,424,240.38 542 

Puerto Rico 360 995 $15,152,295.96 65 

Virgin Islands 66 159 $5,677,446.80 14 

REGION III 

Delaware 133 362 $6,698,557.80 32 

District of Columbia 3 10 $281,044.85 1 

Maryland 185 457 $9,103,696.01 36 

Pennsylvania 1,120 3,026 $76,669,641.47 213 

Virginia 627 1,594 $26,986,526.00 89 

West Virginia 662 1,721 $27,835,292.22 127 

REGION IV 

Alabama 905 2,251 $45,223,819.66 118 

Florida 6,258 15,159 $290,740,343.35 679 

Georgia 497 1,206 $25,589,959.33 85 

Kentucky 477 1,539 $28,172,503.50 173 

Mississippi 938 2,985 $46,574,797.15 299 

North Carolina 4,204 10,720 $184,325,363.15 625 

South Carolina 721 1,803 $36,729,206.42 107 

Tennessee 180 515 $8,182,565.58 55 

REGION V 

Illinois 563 1,711 $20,186,271.01 171 

Indiana 205 565 $6,879,504.66 43 

Michigan 86 233 $3,857,450.86 15 

Minnesota 216 509 $7,323,671.77 15 

Ohio 401 1,154 $15,262,366.37 90 

Wisconsin 242 532 $6,309,247.85 9 

REGION VI 

Arkansas 79 224 $3,533,497.07 19 

Louisiana 9,952 31,342 $448,181,920.28 2,818 

New Mexico 5 15 $122,903.96 1 

Oklahoma 289 913 $16,344,712.29 87 

Texas 5,428 16,391 $442,099,671.90 1,142 

REGION VII 

Iowa 264 627 $10,880,513.57 24 

Kansas 112 320 $8,945,996.92 23 

Missouri 933 3,167 $69,220,811.29 401 

Nebraska 55 133 $1,649,840.13 14 

REGION VIII 

Colorado 17 37 $327,149.52 2 

Montana 6 13 $149,706.00 0 

North Dakota 50 104 $1,475,713.97 1 

South Dakota 44 98 $1,525,045.25 2 

Utah 3 7 $150,394.24 0 

Wyoming 2 4 $33,970.94 0 

REGION IX 

Arizona 41 87 $1,090,651.73 6 

California 1,402 3,690 $74,360,587.58 297 

Guam 1 2 $4,638.70 0 

Hawaii 59 150 $5,656,917.94 17 

Nevada 6 14 $556,080.06 3 

REGION X 

Alaska 8 19 $190,260.38 1 

Idaho 5 12 $222,704.96 1 

Oregon 177 415 $10,365,487.68 27 

Washington 313 814 $19,134,948.83 72 

TOTAL 47,128 132,977 $2,375,313,596.33 10,058 

1

RLTG = Repetitive Loss Target Group. These numbers are based on contracts in force reported by the NFIP Servicing Agent’s Special Direct 

Facility. For a description of the Repetitive Loss Target Group, see previous page. 

28 NFIP Financial and Statistical Compendium 
Community Rating System

The Community Rating System (CRS) was implemented in 1990 to recognize and 

encourage community floodplain management activities that exceed the minimum NFIP 

standards. 

Under the CRS, flood insurance premium rates are adjusted to reflect the reduced flood 

risk that results from community activities that meet the three CRS goals: to reduce 

flood losses; to facilitate accurate insurance rating; and to promote the awareness of 

flood insurance. Increasingly larger premium discounts are given to policyholders in 

CRS communities as they engage in additional activities that meet the CRS goals. 

NFIP Financial and Statistical Compendium 29 
Policies in Force and Total Premium 

for CRS Communities 

as of September 30, 2001 

NUMBER OF 

CRS CLASS COMMUNITIES POLICIES IN FORCE TOTAL PREMIUM 

9 394 429,832 $166,183,450 

8 362 1,267,105 $449,177,221 

7 134 562,098 $207,066,364 

6 3 439,069 $151,191,358 

5 2 28,752 $11,444,900 

4 1,718 $801,060 

3 2,335 $904,746 

TOTALS 938 2,730,900 $986,769,099 

3

1

2 

1 

394 400

300

200

100

0

Class Distribution of 938 

CRS Communities 

12 2 1 

33 

134 

362 

Class 9 Class 8 Class 7 Class 6 Class 5 Class 4 Class 3

(42%) (39%) (14%) (4%) (1%) (<1%) (<1%)

30 NFIP Financial and Statistical Compendium 
Mitigation Grant 

Programs 

FIMA manages several programs that provide financial assistance to States and 

communities for mitigation activities. These grants provide funding for mitigation 

planning, project implementation, and floodplain management. 

NFIP Financial and Statistical Compendium 31 
Federal Mitigation Assistance (FMA) 

Grant Program

FMA Grants Approved or Awarded in Fiscal Year 2001 (112 Total) 

Examples of 2001 FMA Grants 

(57) 

Project Grants 

(35) 

Planning Grants 

Technical Assistance Grants 

(20) 

STATE/ACTIVITY 

COLORADO 

City of Silver Plume’s channel widening project to

protect three repetitive loss properties from river

overflows

DELAWARE

New Castle County’s construction of a flood

protection berm along the Christina River to

mitigate 16 repetitive loss properties

ILLINOIS

Village of Cleveland Park’s acquisition of 31

repetitive loss properties along the Rock River

LOUISIANA

Jefferson Parish’s drainage project to

protect 124 repetitive loss properties

MICHIGAN

City of Vassar’s elevation of three structures to

reduce or eliminate flooding from the Cass River

NORTH CAROLINA

Two grants to the City of Greensboro and

Robeson County to develop their All Hazards

Mitigation Plans to coordinate flood loss

reduction into comprehensive all hazards plans

FMA FUNDS MATCHING FUNDS 

$93,146 $31,048 Local contributions 

$50,000 $110,000 ($55K state/ $55K local funds) 

$472,920 $157,460 

$462,500 $154,166 Local funds & in-kind services 

$135,450 $45,150 Resident contributions 

$30,000 $10,000 Local funds 

($15,000 each) ($5,000 each) 

32 NFIP Financial and Statistical Compendium 
Hazard Mitigation Grant Program

FEMA’s Hazard Mitigation Grant Program (HMGP) was created in November 1988 by Section 404 of the Robert T. 

Stafford Disaster Relief and Emergency Assistance Act, as amended (amendments include the Hazard Mitigation 

and Relocation Assistance Act of 1993 and the Disaster Mitigation Act of 2000). The HMGP provides Federal funds 

to States and local communities to undertake long-term hazard mitigation measures to reduce or permanently eliminate future damages or losses from natural disasters. Federal funding under the HMGP is activated following a 

major disaster declaration. FEMA can fund up to 75 percent of the project costs. 

Examples of eligible project types include: 

• Acquiring, relocating or elevating properties vulnerable to flood hazards; 

• Constructing minor structural flood control projects to protect limited areas within a given watershed (such as 

storm-water management projects, the creation of detention basins, and bank stabilization projects) and localized flood control projects to protect specific structures (such as a ring levee constructed around a wastewater 

treatment plant); and, 

• Retrofitting structures to withstand flood, seismic, and wind hazards. 

From the inception of the HMGP to September 2001, over $2.5 billion has been awarded to States and communities 

for multihazard mitigation projects. For flood hazards, the HMGP emphasizes nonstructural measures, such as 

acquisition, relocation, or elevation of flood-prone structures. When appropriate, minor and localized structural flood 

control projects also are encouraged. More than $886 million of the grants has been awarded for nonstructural 

measures and nearly $200 million for minor and localized structural flood control measures. 

In Fiscal Year 2001, 2,702 structures were approved for acquisition, relocation, or elevation at a total federal expenditure of approximately $192 million for flood-related grants. FEMA encourages States to give priority to repetitive 

loss properties when using HMGP funds to reduce flood losses. Since Fiscal Year 2000, FEMA has made electronic 

data available to States and communities to support their efforts to identify and target repetitive loss structures in 

their mitigation plans and projects. 

NFIP Financial and Statistical Compendium 33 
Approved Hazard Mitigation Grant Program Projects 

by Project Category 

January 1990 to September 20011 

HMGP NUMBER OF FEDERAL SHARE 

PROJECT CATEGORY PROJECTS OBLIGATED2 

Acquisition and Relocation of Real Property

Codes, Standards, Ordinances, and Regulations

Elevation and Floodproofing

Equipment (Generators, Communications, etc.)

Infrastructure Protective Measures (Roads and Bridges)

Major, Minor, and Localized Flood Control

State Management Costs

Miscellaneous

Mitigation Plans and Studies

Other Non-Construction

Professional Education and Public Awareness

Retrofitting (Seismic)

Retrofitting (Wind and Safe Room or Wildfire)

Stabilization (Shoreline and Landslide)

Utility Protective Measures

Vegetation Management

Warning Systems

Water and Sanitary Sewer System Protective Measures

Total of Project Categories

Grand Total of All HMGP Projects

1,234 $796,537,914 

47 $20,644,330 

193 $69,499,739 

259 $24,137,359 

164 $26,083,325 

781 $198,680,540 

359 $40,164,230 

128 $44,410,426 

222 $36,346,916 

86 $12,413,415 

165 $27,215,779 

408 $699,435,744 

457 $120,397,541 

101 $14,599,687 

181 $73,217,429 

108 $15,211,240 

327 $50,501,067 

192 $43,350,933 

5,412 $2,312,847,614 

5,560 $2,551,955,321 

1

National Emergency Management Information System (NEMIS) query of best available data conducted on December 18, 2001. 

2

“Federal Share Obligated” represents project cost only; grantee and subgrantee administrative costs are not included. 

34 NFIP Financial and Statistical Compendium 
Hazard Mitigation Grant Program 

Flood-Related Grants 

Fiscal Year 20011 

PROPERTIES PROPERTIES PROPERTIES FEDERAL SHARE 

REGION STATE ACQUIRED RELOCATED ELEVATED OBLIGATED2 

REGION I 

Connecticut 2 0 1 $185,505 

REGION II 

New Jersey 63 1 15 $5,661,940 

New Jersey 1 0 1 $302,730 

New York 19 0 55 $5,713,075 

REGION III 

Delaware 1 0 0 $0 

Maryland 24 0 0 $942,685 

Maryland 1 0 0 $0 

Pennsylvania 18 0 0 $4,489,249 

Pennsylvania 3 0 0 $186,166 

Virginia 3 0 0 $4,315,156 

West Virginia 1 0 0 $44,910 

West Virginia 33 0 0 $1,062,237 

West Virginia 14 0 0 $552,228 

REGION IV 

Alabama 17 0 0 $257,507 

Alabama 6 0 0 $389,674 

Alabama 9 0 0 $1,939,953 

Georgia 30 0 10 $3,750,641 

Georgia 2 0 0 $79,767 

Georgia 5 0 0 $420,342 

Georgia 29 0 1 $2,729,586 

Kentucky 20 0 0 $1,513,522 

Mississippi 55 1 1 $3,752,296 

North Carolina 18 0 0 $490,337 

North Carolina 1,566 68 0 $63,879,153 

North Carolina 19 0 0 $2,244,567 

Tennessee 7 0 0 $448,619 

Tennessee 9 0 0 $827,605 

Tennessee 1 0 0 $70,538 

REGION V 

Michigan 0 41 0 $526,938 

Michigan 0 9 0 $1,120,000 

Minnesota 1 0 0 $2,063,839 

Wisconsin 1 0 0 $79,981 

Wisconsin 0 2 0 $216,428 

Wisconsin 16 0 0 $1,894,788 

REGION VI 

Louisiana 5 0 0 $311,136 

Louisiana 1 0 0 $178,950 

Louisiana 5 0 0 $386,628 

Texas 6 0 0 $10,310,022 

Texas 7 0 0 $677,922 

Texas 601 3 0 $43,590,569 

REGION VII 

Iowa 27 0 0 $1,285,026 

Iowa 24 0 0 $1,473,060 

Kansas 6 0 0 $81,173 

Missouri 4 0 0 $174,774 

Nebraska 2 0 0 $692,176 

REGION VIII 

North Dakota 2 0 0 $10,268,952 

North Dakota 4 2 0 $2,658,591 

North Dakota 11 0 0 $7,008,455 

REGION IX 

California 3 0 0 $525,000 

TOTAL 2,702 127 84 $191,774,396 

1

National Emergency Management Information System (NEMIS) query of best available data conducted on December 18, 2001. 

2

“Federal Share Obligated” represents project cost only; grantee and subgrantee administrative costs are not included. 

NFIP Financial and Statistical Compendium 35 
36 NFIP Financial and Statistical Compendium 
Flood Hazard Mapping 

Fiscal Year 2001 presented many opportunities for continued improvements to FEMA’s 

Flood Hazard Mapping Program. FEMA further developed and implemented updated 

flood mapping products utilizing digital technology and, with increased flood map 

funding through the Disaster Relief Fund, produced digital flood maps for many 

communities. The Map Service Center went on line to provide many flood mapping 

products through the FEMA Flood Map Store (web1.msc.fema.gov). FEMA also 

provided assistance to users of the flood maps and general information about the NFIP 

through the Map Assistance Center. 

NFIP Financial and Statistical Compendium 37 
Flood Hazard Mapping Highlights

Fiscal Year 2001 Funding Sources 

The FY 2001 budget for Flood Hazard Mapping was $76.5 million. The sources of this funding were: 

• $43.8 million in fee-generated funds that were appropriated on the basis of projected revenues from the $30 Federal 

Policy Fee charged for each flood insurance policy sold as well as fees charged for map products and services; 

• $17.7 million in recaptured fee-generated funds (collected but unexpended in Fiscal Years 1994-1998); and 

• $15 million in Disaster Relief Funds that were authorized by Congress to be allocated for Flood Map Modernization after 

major disaster declarations. 

(20%) 

Funds 

Disaster Relief 

Fee-Generated Funds 

(57%) 

Fee-Generated 

Recaptured Funds 

(23%) 

Flood Map Modernization 

The Congressional authorization of $15 million in Disaster Relief Funds for Flood Map Modernization after major disaster declarations was the first time Congress has allocated funds from that source for preparing and updating Flood Insurance Rate Maps. To 

allocate this funding to the best projects, FEMA developed criteria for projects to be evaluated against and invited each of the 

FEMA Regional offices to submit proposals for the most worthy projects within their Regions. A board comprised of FEMA 

Headquarters and Regional staff evaluated and ranked the proposals. In total, 56 applications worth over $56 million were submitted. The states with projects that were chosen for mapping activities are listed below. 

STATE FUNDING 

Colorado $750,000 

Florida $788,000 

Massachusetts $780,000 

Michigan $945,000 

Minnesota $1,300,000 

Minnesota and North Dakota $750,000 

New Jersey $325,000 

North Carolina $5,000,000 

Pennsylvania $120,000 

Puerto Rico $785,000 

South Carolina $208,000 

Texas $579,300 

Virginia $230,500 

Washington $995,700 

West Virginia $1,443,500 

Total $15,000,000 

38 NFIP Financial and Statistical Compendium 
CTPs and Best Practices Projects 

Of the $17.7 million recaptured funds from prior years, approximately $4.2 million was allocated to Cooperating Technical 

Partners (CTPs), which are state, local, and regional governments that enter formal agreements with FEMA to participate in flood 

map production. Additionally, $2.0 million was allocated to innovative, high-visibility efforts that would foster Flood Map 

Modernization nationwide. These "best practices" projects maximize resources by utilizing innovative methods that make a significant difference in the lives of the people in the communities they serve. A proposal and evaluation process similar to that 

used for the Disaster Relief Fund Map Modernization Projects was followed. In total, 21 proposals worth approximately $6.5 million were submitted by the Regions. The best practices projects that were selected and funded are summarized below. 

PROJECT FUNDING 

Wyoming Valley, Pennsylvania

Lower Colorado River Authority

Connecticut River Study in New Hampshire

Basalt, Colorado

Tualatin River Basin, Oregon

Placer County, California

Total

Baseline Mapping Activities 

Baseline mapping activities included the following production. 

PRODUCT 

$447,000 

$447,000 

$344,000 

$28,000 

$390,000 

$344,000 

$2,000,000 

UNITS 

Letter of Map Amendment 10,777 cases 

Letter of Map Revision - Based on Fill 2,358 cases 

Letter of Map Revision 1,030 cases 

Conditional Letter of Map Amendment 68 cases 

Conditional Letter of Map Revision - Based on Fill 313 cases 

Conditional Letter of Map Revision 493 cases 

Total Letter Actions Issued 15,039 cases 

Preliminary Digital Flood Insurance Rate Map 2,523 panels 

NFIP Financial and Statistical Compendium 39