All of the Following Statements About the National Flood Insurance

All of the following statements about the National Flood Insurance Program (NFIP) are true EXCEPT

A) the program will insure structures that were previously flooded.
B) the program is experiencing increasing competition from private insurers.
C) the program continues to generate large profits and is running at a surplus.
D) the program is now using reinsurance to protect against catastrophic loss.