Flood Rules for Commercial Real Estate Webinar

Will your Flood Insurance program pass the next compliance exam? The flood insurance regulations have been around since 1996, yet examiners continue to cite numerous violations and order civil money penalties. What are the sources of the top violations? What are the solutions and best practices?

Flood penalties form May of 2019 to the present have ranged from to $2,700 to $136,000. One of the largest penalties was issued in May 2017 for $1,501,00. Attend this session to help train your staff to understand the rules of coverage and the root causes for common violations, including proper completion of the Standard Flood Hazard Determination Form, controls to require adequate flood insurance coverage, and proving that the Notice of Special Flood Hazards was delivered for each type of ‘€œtriggering’€ event. Understanding the fundamentals of flood insurance requirements and adopting strong internal controls will help you to pass this portion of the next compliance exam.

Program Highlights

  • Four fundamentals:
  • Overview & Key Requirements
  • Building an Effective Compliance Management System
  • Common Violations & Consequences of Noncompliance
  • Frequently Asked Questions

Problem areas ‘€“ what are they and how can you avoid making costly mistakes? Portions of the interagency question and answers will be covered. Topics to be covered include examples for:

  • Contents coverage for commercial loans
  • Force placement of flood insurance
  • Map changes
  • Disputing flood zone determinations
  • Flood zone discrepancies
  • Notice to borrower
  • Proof of coverage
  • Flood Insurance Resources ‘€“ helpful references and tools for compliance


  1. Private flood insurance overview and problem areas
  2. Detached structures exemption

Who Should Attend?

This informative session is designed for auditors, loan officers, loan assistants, and loan administration staff. This seminar is designed for both those new to flood insurance compliance or more experienced personnel looking for a review of existing requirements.

Continuing Education (CE) Credits

This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

View Delivery Options

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Susan Costonis
Susan Costonis

Susan Costonis is a compliance consultant and trainer. She specializes in compliance management along with deposit and lending regulatory training. Susan has successfully managed compliance programs ... read more.

Course TitleCreditsStart DateStart TimeDelivery TypeDelivery OptionInstructor / LocationPrice
Flood Rules for Commercial Real Estate0.25 Any AnyWebinarSix Month On-Demand Recording Susan Costonis$295.00 Register Now
Flood Rules for Commercial Real Estate0.25 Any AnyWebinarCD-ROM Video Recording Susan Costonis$345.00 Register Now
Delivery Options

INCLUDES 7 DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time. And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!

With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The weblink will be available to you (and anyone else in the company) for up to six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.

If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.

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