Certified Floodplain Manager (CFM) Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Unlock your potential as a Certified Floodplain Manager (CFM) with our expertly crafted practice test. Designed to simulate the real exam, our quiz offers a comprehensive review of floodplain management principles, preparing you for success.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What program does the Insurance Services Office (ISO) run?

Community Service Program
Community Rating System (CRS) program
Federal Assistance Program
National Risk Assessment Program

The correct answer is: Community Rating System (CRS) program

The ISO is a company that collects and analyses data about risk and risk management for various kinds of insurance companies. The data gathered by the ISO is used to generate ratings for different types of insurance policies. These ratings are important for both insurers and their customers because they provide a measure of the risks associated with the insurance policies, and help determine fair pricing for insurance coverage. Option A, the Community Service Program, is incorrect because the ISO does not run any community service programs. Instead, they focus on analyzing risk and providing ratings for insurance policies. Option C, the Federal Assistance Program, is also incorrect. The ISO is a private company and does not receive funding from the federal government to provide assistance programs. Option D, the National Risk Assessment Program, is incorrect because the ISO does not run any national programs specifically related to risk assessment. They provide data and ratings for insurance companies, but do not run