All About Flood Insurance Compliance All Day Streaming
When it comes to flood insurance compliance, there is a lot to remember and even more ways to mess it up.
There are determinations to pull, notices to provide, calculations to make, timing requirements to follow, and more that you must get right. There’s little to no room for error!
That’s just the federal regulatory requirements. You also have to deal with insurance industry requirements which can muddy the waters ever more. Failure to comply can also result in hefty civil money penalties. This is an area you want to ensure your financial institution gets right!