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

 Webinar OR Recorded Webinar + Free Digital Download

Friday, April 5, 2019

This is a morning webinar.

8:00 am – 9:30 am Pacific

9:00 am – 10:30 am Mountain

10:00 am – 11:30 am Central

11:00 am – 12:30 pm Eastern

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 rule’s requirements and present them as sample policy. Prepare your staff now with this must-attend session that will provide the training and tools needed to ensure your compliance standards are complete and correct.

HIGHLIGHTS

• Basic requirements
• Standards for requirements for coverage
• Compliance aid elements in the final rule (to help you discern a complete policy)
• Responsibilities for “discretionary acceptance”
• How to ensure the private insurance policy is similar to coverage provided under the Standard Flood Insurance Policy (SFIP)

• TAKE-AWAY TOOLKIT
  • Manual in procedural language as a template for developing policy and procedures
  • Audit procedures for private insurance requirements
  • Checklist to ensure a private insurance policy contains the required information and coverage
  • Employee training log
  • Quiz to measure staff learning and a separate answer key

WHO SHOULD ATTEND?

This informative session is designed for compliance officers, lending personnel, and auditors.

DON’T MISS THESE RELATED WEBINARS!

Flood Insurance Compliance Update & FAQs

on Monday, February 4, 2019

&

Flood Insurance Compliance for Commercial Lending: Unique Issues & Case Studies

on Wednesday, April 17, 2019

Attendance verification for CE credits provided upon request.

Please note:  The live webinar option allows you to have one internet connection (from a single computer terminal).  You may have as many people as you like listen and watch from your office computer.

    ABOUT THE PRESENTER – Ann Brode-Harner, Brode Consulting Services, Inc.

Ann Brode-Harner began her career in 1973 and has continued her service as a consultant to regional and community financial institutions through a wide range of areas including strategic planning, lending, deposits, marketing, training, compliance, and management. Ann is a well-respected presenter and has spoken to audiences across the country for over 30 years. She has presented sessions for numerous state associations and has taught at the School of Banking Administration at the University of Wisconsin as well as many other state banking schools. Ann is the author of The Bank Deposit Documentation Manual for Front-Line Personnel published by Bankers Publishing Company, and is well represented in numerous industry publications.

THREE REGISTRATION OPTIONS

Note:  All materials are subject to copyright.  Transmission, retransmission, or republishing this webinar to other institutions or those not employed by your financial institution is prohibited.  Print materials may be copied for eligible participants only.

1. LIVE WEBINAR

The live webinar option allows you to have one internet connection from a single computer terminal.  You may have as many people as you like listen and watch from your office computer.  Registrants receive a website address and passcode that allows entrance to the seminar.  The session will be approximately 90 minutes, including question and answer sessions.  Seminar materials, including instructions, passcode, and handouts will be emailed prior to the broadcast.  You will need the most current version of Adobe Reader available free at www.adobe.com. 

2. RECORDED WEBINAR + FREE DIGITAL DOWNLOAD

Can’t attend the live webinar?  This option provides a recording of the live event, including audio, visuals, and handouts.  We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar.  You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.

The recorded webinar may ONLY be ordered for 6 months following the live webinar.  In addition, the download must be completed within 6 months of the live webinar date. 

3. BOTH LIVE WEBINAR & RECORDED WEBINAR + FREE DIGITAL DOWNLOAD

Options 1 and 2 described above.

 AFFORDABLE, PROFESSIONAL TRAINING, WHEN AND WHERE YOU CHOOSE