Flood Insurance Basics and Compliance Requirements

Flood Insurance Basics and Compliance Requirements

Tuesday, May 17, 2022
12:00 – 1:00 pm (Eastern Time)

The final flood rule went into effect, yet the flood insurance requirements are still the least understood and most violated. This can’t-miss bank webinar will address flood insurance regulation and compliance requirements designed for both new and experienced personnel. We start with an overview of the basic concepts, laws, and FAQs, including disclosure requirements, mapping changes and escrow requirements. The credit webinar concludes with a comprehensive review of flood insurance requirements and expert guidance for banks covering a range of flood compliance topics.

Topics include:

  • Review of Flood Insurance Program laws and regulations  
  • Notice and timing requirements
  • Which loans are covered
  • Requirements for mandatory and discretionary acceptance of private flood insurance 
  • Guidance for determining how much flood insurance is enough
  • Force-placed insurance rules
  • Mandatory escrow requirements
  • 4-step guide to avoid flood insurance compliance violations

Who Should Attend:

  • Loan Officers
  • Loan Processors
  • Compliance Personnel
  • Auditors and Audit Personnel


Dena Somers
Esq / Founder finreg PARTNERS

Dena Somers is a highly regarded bank consultant and compliance attorney. She has provided regulatory compliance and risk management consulting services to financial institutions and companies in highly regulated industries nationwide for more than 20 years. Her areas of expertise include consumer and mortgage lending compliance, Fintech and specialty finance, regulatory compliance training, business strategy and best practice advisement, and corporate governance.

Throughout her career, Ms. Somers has advised hundreds of banking and financial institutions— ranging from local community banks to $50 billion financial holding companies— to achieve operational efficiency while ensuring regulatory compliance. Previously, Ms. Somers served as General Counsel to a national mortgage servicing company, Fintech lender, national money service business, and has represented financial institutions in a broad array of complex litigation matters for more than 15 years. Additionally, Ms. Somers is a published author for Lexis Nexis in the areas of Bank Teller training, loan policies, and loan documentation training.


Attendance verification for CE credits provided upon request.

Webinar Sponsored by BankersHUB

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

 Registration (Member/Non-Member Pricing)

Webinar and Playback* ($295/$445)
*Playback has no expiration. 

Additional Hookup - Registering another banker from a different location ($185/$225)


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