Flood Insurance Fundamentals – Passing the next Compliance Exam - 2019
Recorded on September 17, 2019. — 2.0 hours
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Flood penalties in 2019 have ranged from to $2,700 to $69,000. Attend this session to help train your staff to understand the rules of coverage and the root causes for common violations, including proper completion of the Standard Flood Hazard Determination Form, controls to require adequate flood insurance coverage, and proving that the Notice of Special Flood Hazards was delivered for each type of “triggering” event. Understanding the fundamentals of flood insurance requirements and adopting strong internal controls will help you to pass this portion of the next compliance exam.
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Who Should Attend: This informative session is designed for auditors, loan officers, loan assistants, and loan administration staff. This webinar is designed for both those new to flood insurance compliance or more experienced personnel looking for a review of existing requirements.
Flood Insurance Fundamentals
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