Webinar: Flood Insurance Compliance Update: Requirements, Issues & FAQs

Tuesday, March 19, 2013

Speaker: Ann Brode, Brode Consulting Services, Inc.

About the Program

The regulatory agencies are monitoring flood compliance more than ever before and have been quick to issue penalties. This session will review flood basics and the most-recent, frequentlyasked questions (FAQs). This must-attend session will provide tools and sample procedures to help ensure your next flood exam will be seamless.

In addition, the Biggert-Waters Insurance Reform Act was finalized and has been signed into law. Although no implementation date has been published, this webinar will address the required changes so you will be prepared.

HIGHLIGHTS

What loans are covered by this regulation?
Flood determinations: complete, accurate, and timely
Notice for flood properties – timing is imperative
How much flood insurance is enough? A worksheet to test insurance coverage.
The most-recent FAQs focus on determining the appropriate amount of insurance
Force placing insurance: What are your credit union’s procedures?
New requirements of the Biggert-Waters Insurance Reform Act

Related Files

Printable Brochure (Adobe PDF File)