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A protective boom rests on the water before demolition starts Thursday, May 2, 2013, in Mantoloking, N.J., of a house that was swept into Barnegat Bay by Superstorm Sandy. (AP Photo/Mel Evans)

A June 2015 report from the U.S. Senate Committee on Banking, Housing and Urban Affairs found there did not appear to be any systematic incentives for participants in the National Flood Insurance Program (NFIP) to underpay claims, and that overpayments were more common than underpayments. It also offered recommendations for improving the NFIP system.


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