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Today is: April 21, 2019  
 

Important Updates

 
The Private Flood Insurance Compliance Aid Provision: It Does Exist! March 13, 2019
 

As we discussed during the February 2019 BCG Monthly Telephone Briefing and will discuss again during the BCG Webinar on April 30, 2019, starting July 1, 2019, regulated lenders must start accepting private flood insurance (PFI) policies that meet what we refer to as the “Eight Criteria.” Read more.

 
BCG's February 15 Telephone Briefing to Cover the New Private Flood Insurance Final Rule February 13, 2019
 

As BCG members are aware, lenders currently do not have to accept private flood insurance(PFI) policies. If a PFI policy meets certain criteria, a lender may choose to accept the policy. (It is the lender’s prerogative. It can do what it wants to do.) Read more.

 
Congress Extends NFIP Until May 31, 2019 January 9, 2019
 

On December 21, 2018, a day before the federal government shutdown, Congress approved and the president signed the National Flood Insurance Program Act (S. 3628), which extended the National Flood Insurance Program (NFIP) until May 31, 2019. Read more.

 
NFIP Extended Until May 31, 2019 December 24, 2018
 

On December 21, 2018, a day before the federal government partially shut down, Congress approved and the President signed the National Flood Insurance Program Act (S. 3628), which extends the National Flood Insurance Program (NFIP) until May 31, 2019.  The law firm will continue to monitor and report on the NFIP’s status. Read more.

 
Congress Extends NFIP Until December 21st December 7, 2018
 

As BCG previously reported, the National Flood Insurance Program (NFIP) was set to expire on December 7, 2018. On that expiration date, President Trump signed Joint Resolution H.J. 143, extending NFIP funding through December 21, 2018. The law firm will continue to monitor and report on the status of the NFIP program. Read more.

 
 
 

 

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