Outlook Live
Interagency Flood Insurance Update on Private Flood Insurance Rule
June 18, 2019
Event Details
The federal financial regulatory agencies are hosting an interagency discussion of recent updates to the agencies’ flood insurance regulations concerning acceptance of private flood insurance policies. This webinar is open to all interested parties.
Staff from the Board of Governors of the Federal Reserve System, the Farm Credit Administration, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency will discuss the flood insurance rule issued in February (84 FR 4953, February 20, 2019). Topics that will be discussed include:
- mandatory acceptance of private flood insurance;
- mandatory acceptance compliance aid;
- discretionary acceptance of private flood insurance;
- flood coverage provided by mutual aid societies; and
- preparations to comply with the rule.