CNJCG Seminar – Understanding Federal Flood Insurance Laws

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flooded home

Date: Wednesday, November 29, 2017 | 9:00 AM - 11:00 AM

Venue: Mercadien’s Offices, 3625 Quakerbridge Road

Hamilton, NJ 08619 United States

Description: Floods are the most common and costly natural disaster in the U.S, according to the Federal Emergency Management Agency (FEMA). Between 1980 and 2013, the U.S. suffered more than $260 billion in flood-related damages. These significant losses translate to a large volume of flood insurance claims.

The costliest include Hurricane Katrina in 2005, with claim payments of $16.3 billion from the National Flood Insurance Program; Superstorm Sandy in 2012, resulting in more than $8 billion in claim payments; and, in 2017, flood damage from Hurricane Harvey is expected to top $30 billion!

These are stark reminders to lenders about the importance of understanding and complying with federal flood insurance laws and regulations.

Join us at this complimentary seminar and learn to:
• Familiarize yourself with the flood laws and requirements
• Identify lender responsibilities via case studies to help maintain your compliance

1.5 CPE credits in Specialized Knowledge and Applications are offered at this free, group-live seminar. Program level – basic. No advance preparation or prerequisites required.

Presenter: Raji Sathappan, MBA, CRCM, CAMS, Director, of Mercadien’s Financial Institutions Services Group

Refund/Cancellation Policy: Since this program will be presented free of charge, there will be no refunds issued.  For more information regarding complaint and/or program cancellation policies, please contact our office at 609-689-9700.

Please note: Attendance may be limited. If you have any questions or would like more information about this event, contact us by emailing events@mercadien.com or calling 609-689-9700.

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