Development in Flood Zone

Over the past 50 years, the world's population has more than doubled (from 52 billion in 1950 to 6 billion in 2000). In addition, the United Nations (1999) estimates that 97% of the growth occurs in developing countries and Africa is a rapidly growing region. Cities such as Mumbai, Kolkata, Karachi, Jakarta, Nairobi, Manila, Lagos, Cairo are examples of rapid human concentration. This makes the current planning strategy inappropriate and invalid (even if they exist). As a result, the slums, illegal occupants and informal settlements in these cities is a manifestation of the large and expansive marginalization of urban dwellers (Sietchiping 2000).

In addition to surprising debt, NFip was unable to keep up with risk assessment, and its subsidies actually contributed to the development of the flood zone. In this section, I will explain why so much development has been done along the bay of the flood. Nevertheless, the House of Representatives recently refused to make meaningful reforms on its approved NFip. How does NFIP work? In 1968, Congress established "NFip to provide flood insurance for dangerous property and reduce flood risk by land use regulation. At the 28th meeting of the conference," temporary relief "increased" burden of national resources " .

The purpose of the National Flood Insurance Act of 1968 was to allow owners to protect their investment in flood zones. The National Flood Insurance program allows people living in the flood zone to purchase insurance for their property. The law demands regulatory rates and flood plain control. The 1973 flood disaster prevention law amended the National Flood Insurance Act of 1968. The important principle of insurance is the concept of integrity. Insurance as a contract and financial product is effective only when the two parties are sincere each other and strive to fulfill the contract conditions according to the actual situation. It is a form of fraud not to apply insurance contract in good faith. Refusing to make fair claims is another form of fraud. The other side of goodwill is malicious

Houston's problem is uncontrolled development of flood prone areas in combination with the promotion of federal flood insurance subsidies ... Congress has frequently discussed repairing flood insurance to prevent Americans being injured The same function is misplaced. As of 19 years ago, about 25 billion dollar reddish bonds are accumulated in domestic credit cards. At the same time, cities such as Houston and New Orleans were confirmed in the high-pressure area as the national leader of repeated losses in the first eight years of Hurricane Katrina - thanks to cheap federal government support spread to its vulnerable floodplains Continue Presence or absence of insurance