Registration open for NCUA flood insurance webinar

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NCUA and four other federal financial regulators will host a webinar on Tuesday, June 18, at 2 p.m. that will discuss updates to the flood insurance rule and online registration is open.

Topics in the webinar will 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
  • recommended preparations for compliance with the new rule.

As previously reported, NCUA, along with four other regulatory agencies, approved a final rule that requires regulated financial institutions to accept certain private flood insurance policies to meet flood insurance requirements for homeowners and businesses.

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