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Webinar: Flood Insurance Compliance Update: Overview of New Biggert-Waters Rules Effective June 1, 2014 & FEMA Mapping Changes

 

Tuesday, March 25, 2014

2:00 - 3:30 pm CST

 

Speaker: Ann Brode, Brode Consulting Services, Inc.

 

Financial institutions play a vital role in ensuring that the provisions of the National Flood Insurance Program are carried out. Examiners are inspecting flood compliance procedures with a microscope and penalties are quick to be issued. In addition, examiners want to ensure you are ready to implement sound procedures to address the new and proposed changes under the Biggert-Waters Act.

 

This must-attend session will address these rules, proposals, and FEMA mapping/pricing changes. The sample procedures and tools provided will assist with compliance and make your next flood exam a non-event.

 

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?
  • Force placing insurance: what are your procedures?
  • Overview of new Biggert-Waters Insurance Reform Act requirements effective June 1, 2014
  • Mandatory escrow requirements effective July 6, 2014
  • The Homeowner Flood Insurance Affordability Act being considered by Congress


Related Files
Printable Brochure (Adobe PDF File)

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