A Focus on Flood Insurance Issues for Commercial Lenders
Many lenders continue to struggle with flood insurance regulation compliance, and especially in connection with commercial loans. It also remains a hot button issue in examinations. In this session we will focus on flood insurance issues that commercial lenders struggle with, such as determining what is a designated loan, when contents coverage is triggered (even inadvertent triggers, such as security interests taken in deeds of trust), and how to calculate coverage. Our discussion will include examples and case studies.
Principal, Practice Group Manager and Attorney
Aldrich & Bonnefin, PLC