Flood Insurance Rules, Best Practices & Liability

Flood Series: Flood Insurance Rules, Best Practices & Liability 

Wednesday, January 20, 2021
3:00 pm – 4:30 pm Eastern

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.


  • 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


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. 


This informative session is designed for mortgage loan officers, loan operations personnel, managers, compliance officers, internal auditors, marketing staff, and attorneys.


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



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. 

Attendance verification for CE credits provided upon request.

Webinar Sponsored by Financial Education & Development

If you are having issues with registering online, please contact CBAO's Education,Training & Special Events Coordinator, Patti Webb, (614) 610-1877.

Registration Options
Live Webinar– The live webinar option allows you to have one internet connection from a single computer terminal. You may have as many people as you like listen and watch from your office computer. Registrants receive a website address and passcode that will allow entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, passcode, and handouts will be emailed to you prior to the broadcast. You will need the most-current version of Adobe Reader available free at www.adobe.com.

Recorded Webinar + Free Digital Download– Can’t attend the live webinar? This option provides a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address for follow-up questions. You will receive an email with the recorded webinar link, which can be viewed anytime 24/7, beginning 6 business days after the webinar. You will also receive instruction on how to download a free digital copy of the webinar to your PC, which you may keep and use indefinitely.

Additional Live Webinar Connections– Registering another banker from a different location

Both Live Webinar & Recorded webinar + Free Digital Download– Includes Live Webinar and Recorded Webinar options above.


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