Financial services (1 - 10 of 12 items)
National Flood Insurance Program: Progress Made on Contract Management but Monitoring and Reporting Could Be Improved
GAO-14-160: Published: Jan 15, 2014. Publicly Released: Jan 15, 2014.
The Federal Emergency Management Agency (FEMA) has made progress in improving its processes for monitoring NFIP contracts since GAO last reported on these issues in 2008 and 2011. For example, GAO recommended in 2011 that FEMA complete the development and implementation of its revised acquisition process to be consistent with a Department of Homeland Security (DHS) directive. FEMA updated its cont...
Flood Insurance: Implications of Changing Coverage Limits and Expanding Coverage
GAO-13-568: Published: Jul 3, 2013. Publicly Released: Jul 3, 2013.
The National Flood Insurance Program (NFIP) currently has more than 5.5 million policyholders insured for about $1.3 trillion who pay about $3.5 billion in annual premiums, but less than half purchase maximum coverage--a possible indicator of how many might purchase additional coverage were it offered. However, from 2002 through 2012, the proportion of residential and commercial policies at maximu...
Flood Insurance: Participation of Indian Tribes in Federal and Private Programs
GAO-13-226: Published: Jan 4, 2013. Publicly Released: Jan 4, 2013.
As of August 2012, just 37 of 566 federally recognized tribes (7 percent) were participating in the National Flood Insurance Program (NFIP), and 3 tribes accounted for more than 70 percent of policies. A number of factors have affected tribes' participation. First, the Federal Emergency Management Agency (FEMA) has not placed a high priority on mapping rural areas, including many Indian lands, for...
The Distribution of Federal Economic Development Grants to Communities with High Rates of Poverty and Unemployment
GAO-12-938R: Published: Sep 14, 2012. Publicly Released: Sep 14, 2012.
The distribution of grant funding per person in poverty in cities was not consistently aligned with overall poverty rates. Most cities, with the exception of those cities with the highest poverty rates, received roughly the same amount of economic development funding per person living in poverty. Further, when we examined how grant funds are distributed to cities based on their unemployment rates,...
Entrepreneurial Assistance: Opportunities Exist to Improve Programs' Collaboration, Data-Tracking, and Performance Management
GAO-12-819: Published: Aug 23, 2012. Publicly Released: Aug 23, 2012.
Federal efforts to support entrepreneurs are fragmented--including among 52 programs at the Department of Agriculture (USDA), Commerce, and Housing and Urban Development (HUD) and the Small Business Administration (SBA). All overlap with at least one other program in terms of the type of assistance they are authorized to offer, such as financial (grants and loans) and technical (training and couns...
On-Line Trading: Investor Protections Have Improved but Continued Attention Is Needed
GAO-01-858: Published: Jul 20, 2001. Publicly Released: Aug 6, 2001.
On-line trading continues to be an important part of the securities trading market. The industry reports investing greater resources to improve the performance of their systems, and regulators have made substantial progress in ensuring that investors receive better information in key investor protection areas. However, investors trading on-line continue to file many complaints about failures and d...
Radiation Standards: Scientific Basis Inconclusive, and EPA and NRC Disagreement Continues
RCED-00-152: Published: Jun 30, 2000. Publicly Released: Jul 14, 2000.
Pursuant to a congressional request, GAO examined the Environmental Protection Agency's (EPA) and the Nuclear Regulatory Commission's (NRC) radiation standards, focusing on: (1) whether the U.S. radiation protection standards have a well-verified scientific basis; (2) whether federal agencies have come closer to agreeing on standards since GAO reported on this issue in 1994; and (3) how implementi...
Tennessee Valley Authority: Future Study of Lake Levels Should Involve Public and Consider Costs and Benefits
RCED-99-154: Published: May 17, 1999. Publicly Released: Jun 16, 1999.
Pursuant to a congressional request, GAO reviewed the Tennessee Valley Authority's (TVA) management of its multipurpose tributary projects, focusing on: (1) the purposes served by TVA's multipurpose tributary projects and how TVA operates these projects within its integrated system; (2) the operational changes TVA made to these projects as a result of its December 1990 review of its project operat...
Tennessee Valley Authority: Assessment of the 10-Year Business Plan
AIMD-99-142: Published: Apr 30, 1999. Publicly Released: Apr 30, 1999.
Pursuant to a congressional request, GAO provided information on the Tennessee Valley Authority's (TVA) 10-year business plan, focusing on whether the 10-year plan: (1) addresses key issues facing TVA; (2) takes into consideration all applicable costs and revenue sources; (3) contains goals and assumptions that are achievable or reasonable and in line with industry estimates and expectations; and...
Amendments to Regulation X, the Real Estate Settlement Procedures Act
OGC-96-22: Published: Jun 28, 1996. Publicly Released: Jun 28, 1996.
Pursuant to a legislative requirement, GAO reviewed the Department of Housing and Urban Development's (HUD) new rule on exemptions for payments by employers to employees and borrowers to computer loan origination systems. GAO found that: (1) the rule would create three limited exemptions for permissible payments by employers to bona fide employees, and revise certain controlled business disclosure...