New Private Flood Insurance Rules Effective July 1, 2019: Policy, Procedures & Compliance

After a five-year wait, the final rules on private flood insurance have finally been released The rules implement a portion of the Biggert-Waters Flood Insurance Reform Act that defines private flood insurance. This is meant to provide borrowers with more flood insurance options - which also brings more compliance requirements. Compliance and lending staff must be ready by the July 1, 2019, effective date - before regulators start focusing on this area. Examiners will be expecting sample policy, written procedures, and monitoring checklists. This webinar will cover the final rules requirements and present them as sample policy. Prepare your staff now with this mustattend session that will provide the training and tools needed to ensure your compliance standards are complete and correct.