Flood Insurance

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The National Flood Insurance Program has paid more than $38 billion in claims since 1978. It was meant to be a self-supporting system, but currently costs American taxpayers $200 million per year. In this episode of World Ocean Radio, host Peter Neill will outline some of the reasons why this program is not working, especially as extreme weather becomes more prevalent, increasing levels of destruction.


Peter Neill, host of World Ocean Radio, provides coverage of a broad spectrum of ocean issues from science and education to advocacy and exemplary projects. World Ocean Radio is a weekly series of 5-minute audio essays available for syndicated use at no cost by college and community radio stations worldwide. Contact us for more information or to become a broadcast affiliate.

Image: Hurricane Katrina ravaged the gulf coast in August 2005 and is considered the greatest single disaster in the history of the United States. Over 1,200 deaths resulted from the hurricane and over $40 billion in damages. Houses in this area have been repeatedly rebuilt after hurricanes with FEMA flood insurance.
Credit: David Helvarg, Blue Frontier Campaign | Marine Photobank