Number: RL33689 Title: Flood Insurance Reform: Analysis and Comparison of 109th Congress Bills (H.R. 4973 and S. 3589) Authors: Rawle O. King. Government and Finance Division Abstract: This report provides an overview of the NFIP, focusing on factors that may affect the NFIP's actuarial soundness or that may inhibit its ability to provide flood insurance to property owners. This is followed by a summary and side-by-side comparison of the House and Senate versions of the Flood Insurance Reform and Modernization Act of 2006 - H.R. 4973 and S. 3589. Pages: 28 Date: October 12, 2006