The New Private Flood Insurance Rule: Compliance Tips and Unanswered Questions

Review open questions in the rule and continued challenges to wider use of private flood insurance

On-Demand Webinar Available Until June 27, 2020

Register Now

The new interagency private flood insurance regulations take effect on July 1, 2019 and will require credit unions and other regulated entities to accept certain types of private flood insurance policies. This webinar will provide you with an overview of the new rule, address the rule’s requirements, and identify unanswered questions that may affect the growth of the private flood insurance market.

Key Takeaways:

  • Learn more about the role of private flood insurers
  • Gain insight on the difference between mandatory and discretionary acceptance
  • Analyze the difference between private flood insurance and NFIP policies
  • Understand when a credit union must accept a private flood insurance policy and when it has discretion to accept a private flood policy

Register Now
$295 Members | $395 Nonmembers
(Additional $50 for CD) 
One registration gives your entire credit union access to the on-demand recording until June 27, 2020.
Already registered? Go to the Online Training Center to view live.

Who Should Attend?

  • NAFCU Certified Compliance Officers (NCCOs)
  • NAFCU Certified Risk Managers (NCRMs)
  • Compliance Staff
  • Risk Staff
  • Credit Union Staff Attorneys
  • Open to all credit unions, regardless of membership or charter type!

Education Credits

  • NCCO credit information is below; recommended 1.5 CPE credits.
  • NCRM credit information is below; recommended 1.5 CPE credits.
  • CPA credit information is below; recommended 1.5 CPE credits.

CPA Certification Credit Information

  • Reviewer: Josie Collins, Associate Director of Education, NAFCU
  • Learning Objectives: Learn more about the role of private flood insurers. Gain insight on the difference between mandatory and discretionary acceptance. Analyze the difference between private flood insurance and NFIP policies. Understand when a credit union must accept a private flood insurance policy and when it has discretion to accept a private flood policy.
  • Program Level: Basic
  • Prerequisites Needed: None
  • Advance Preparation Needed: None
  • Delivery Method: Group Internet-Based
  • Recommended CPE Credits: 1.5 credits
  • Recommended Field of Study: Regulatory Ethics - Technical

NASBA Sponsor Logo

National Association of Federally-Insured Credit Unions (NAFCU) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Learn more.

About Our Webinars

Our webinars are streamed live from NAFCU headquarters near Washington, D.C. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer.

About the Presenter

Jed Mayk
Jed Mayk

Partner, Hudson Cook, LLP