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FIRA
(redirected from Flood Insurance Reform Act of 2004)

   Also found in: Wikipedia 0.01 sec.
AcronymDefinition
FIRAFideicomisos Instituidos En Relacion Con La Agricultura (Spanish: Trust Funds for Rural Development; Mexico)
FIRAFurniture Industry Research Association (UK)
FIRAForeign Investment Review Agency (Canada)
FIRAFederation of International Robot-soccer Association
FIRAFinancial Industry Regulatory Authority
FIRAFlood Insurance Reform Act of 2004
FIRAFinancial Institutions Regulatory and Interest Rate Control Act of 1978
FIRAFlorida Intercollegiate Rowing Association
FIRAFederation International de Rugby Amateur


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GAO-06-119 October 18, 2005 In the wake of Hurricane Isabel in 2003, GAO was mandated by the Flood Insurance Reform Act of 2004 to report on issues related to the National Flood Insurance Program (NFIP) and its oversight and management by the Federal Emergency Management Agency (FEMA).
The Flood Insurance Reform Act of 2004 established a pilot program requiring owners of repetitive-loss properties to elevate, relocate, or demolish houses, with NFIP bearing some of those costs.
FEMA has not yet fully implemented provisions of the Flood Insurance Reform Act of 2004 requiring the agency to provide policyholders with a flood insurance claims handbook that meets statutory requirements, to establish a regulatory appeals process, and to ensure that insurance agents meet minimum education and training requirements.
 
 
 
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