RESUMO
The Federal Insurance Administration (FIA) handles the federal programs that offer insurance against losses from flood and crime, most notably the National Flood Insurance Program (NFIP). The NFIP is funded by the income from flood insurance policies (premium payments and a federal policy fee on each policy) that are sold under its auspices. The premiums go into the National Flood Insurance Fund, which is used to pay claims on flood losses during an average loss year. The federal policy fee goes toward the Mitigation Grant Fund and is also used for all program expenses, including all flood hazard identification and mapping and other floodplain management activities. It also includes all insurance operations expenses-those of the FIA and the Write Your Own insurance companies
