> Webinar: Flood Insurance Compliance Update: Including New Biggert-Waters Rules

Tuesday, March 25, 2014
3:00 PM Eastern Daylight Time
4:30 PM


Credit Union Web Training Webinar:
Flood Insurance Compliance Update: Including New Biggert-Waters Rules Effective July 6, 2014 & FEMA Mapping Changes


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 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.

Continuing Education: Attendance verification for CE credits upon request


  • 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 requirements of the Biggert-Waters Insurance Reform Act effective June 1, 2014
  • Mandatory escrow requirements effective July 6, 2014
  • The Homeowner Flood Insurance Affordability Act being considered by Congress


  • Sample written flood procedures, including the new Biggert-Waters requirements
  • Monitoring and tracking tools
  • Tools for reviewing your files for flood compliance
  • Worksheet to test whether you have enough insurance coverage
  • Employee training log
  • Quiz you can administer to measure staff learning and a separate answer key

This informative session will benefit lenders, loan processors, compliance officers, and auditors.

Webinar content is subject to copyright and intended for your individual credit union’s use only.

Ann Brode, Brode Consulting Services, Inc.

View Registration Options and Pricing