Implementing the Final Private Flood Insurance Rules (Web)

Member Fee:  $165 per connection
Non-Member Fee:  $265 per connection

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Speaker: Jack Holzknecht and Robin Cooper, Compliance Resource, LLC

Webinar Topics:

  • The new final private flood insurance rules
  • When private flood insurance must be accepted and when it may be accepted, including "discretionary acceptance"
  • How to identify a policy as a private flood policy instead of a FEMA policy
  • How the Compliance Aid works
  • The process for verifying and documenting the presence and acceptability of the Compliance Aid statement
  • Issues related to the side-by-side policy review including:
    • When is a side-by-side review required
    • Who should conduct the review
    • How to conduct and document the review
  • The issues related to having a third party conduct the side-by-side review
  • The issues related to passing the cost of the side-by-side review, whether conducted by the creditor or by a thirdparty, on to the consumer
  • What is a mutual aid society and when can coverage from such a group be accepted
  • The content of acceptable policies and procedures for implementing the new rules
  • How to train appropriate staff to comply with the new requirements
  • The potential penalties for not complying with the new requirements
When
3/21/2019 10:00 AM - 12:00 PM
 

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