We’ve been waiting for a few years now but the Interagency Questions and Answers Regarding Flood Insurance were finalized on May 11, 2022. Of the 144 Flood Insurance Q & As that are included, some are new, some were reworded, and some provide more clarity than we had before.
Flood Insurance is one of those compliance requirements that are just difficult to get right. There are so many rules and moving parts, that it’s a constant struggle. These finalized Q & As provide a wealth of information and guidance to help you meet your compliance requirements.
One of the Q & As addresses flood zone discrepancies. Jerod Moyer talked about this recently during our Monthly Connection on May 13, 2022.
Ready to learn more? Plan to JOIN US! Featured topics include:
- Interagency Issued - FDIC, OCC, FRB, NCUA & FCA
- New & Updated Flood Insurance Questions & Answers
- Plain English Explanations & Scenarios
- Coverage, Force Placement, Multiple Structures,
- Condominiums, Escrows
- Private Flood Insurance
- Answers to Your Questions & Much More!
Published
2022/05/19
