Flood Series: Flood Insurance Rules, Best Practices & Liability

Date:

Jan 20, 2021

3:00 pm – 4:30 pm EST
(90-minute webinar – recording also available)

Hurricanes and floods have wreaked havoc across the country.  Millions of properties have been affected and people are trying to pick up the pieces.  Do you have answers?  Can you determine what is covered?  Are your communications with borrowers compliant?  Learn the ins and outs of flood insurance rules before the next deluge.

WEBINAR DETAILS

Do you understand the flood insurance rules and why examiners continue to cite institutions for violations and assess fines?  Although these rules have been around a while, they have evolved somewhat.  It’s important to understand your duties and obligations and how to maintain compliance.  This webinar will review flood insurance rules and regulatory issues, concentrate on current issues involving flood compliance, and provide best practices to keep your portfolio covered.

Agenda

WHO SHOULD ATTEND?

This session is designed for anyone involved in or responsible for dealing with flood insurance issues for financial institutions.


Topics

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Use the flood insurance rules to determine what is covered and the insurable value
  • Comply with determinations, notifications, and other requirements
  • Deal with privately issued flood insurance policies
  • Ascertain how to bridge the lapse of flood insurance coverage
  • Identify when penalties for noncompliance will be assessed

        TAKE-AWAY TOOLKIT

        • Checklist for compliance
        • Certification and waiver of flood insurance
        • Waiver of flood insurance based on Letter of Map Amendment
        • Waiver and acknowledgement for use of private flood insurance
        • Employee training log
        • Interactive quiz
        Speaker

        Phillip Buffington, Adams and Reese, LLP

        Phil Buffington is a partner with Adams and Reese LLP.  For over 30 years he has served as a trusted advisor to community, regional, and national financial institutions on a wide range of topics, including regulatory issues, mergers and acquisitions, lending, bankruptcy, litigation, arbitration, and more.  Now he focuses on counseling and transactions, including regulatory issues, M&As, securities, and commercial lending.  In addition, he brings the experience of a seasoned litigator.

        Fees

        MEMBER

        Live Webinar
            $255.00 Up to three locations
            $155.00 Each additional location

        Recorded Webinar & Free Digital Download (Available two business days after Live Webinar date)
            $255.00

        Premiere Package (Live & Recorded Webinar with Free Digital Download)
            $375.00

        Association Contact

        If you have any questions or need additional information, please contact Marcy Borden at 317-387-9380 or mborden@indiana.bank

        Cancellation Policy

        Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. If your bank is unable to participate after registering, you can select to purchase the on-demand presentation.