Flood Insurance Requirements (2020) (Webinar)

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Air Date: June 18th, 2020

CE Credits: CRCM 1.25, CLBB 1.25

Description: This webinar will be focused on the requirements of the Flood Disaster Protection Act (FDPA).  It governs federally regulated financial institutions from making, increasing, extending or renewing a loan secured by improved real estate or real property. We will discuss the requirement to purchase flood insurance, when available, what exemptions apply, a breakdown of the NFIP coverage requirements, along with flood determinations and required notices and forms.  This webinar will also cover insurable value breakdown requirements, force placed insurance, and the recent private flood insurance changes.  

People who should attend: New Account Personnel, Loan Personnel, Audit Personnel, Compliance Officers

Presenter: John S. Berteau, Associate General Counsel

John S. Berteau serves as Associate General Counsel for Compliance Alliance. He has over fifteen years of experience in the financial services industry, specifically in risk management and compliance. He holds Bachelor’s and Master’s Degrees in History from the University of New Orleans, a Juris Doctorate from Loyola University New Orleans and is a licensed attorney in the State of Louisiana. As one of our hotline advisors, John helps C/A members with a wide range of regulatory and compliance questions and he is one of our featured authors.