Flood Insurance

Avoid Noncompliance Fines.

In 2022, banks paid $337,650 in penalties for flood insurance compliance violations. Are you next?

 

Compliance Requirements

What You Need to Be Compliant

Coverage

Property Determination

Determination Fees

Notice Requirements

Insurance Requirements

Escrow Requirements

Force Placement Requirements

Notice to FEMA Administrator

Find your Compliance Gaps

This bank was fined $3.6M by the OCC over flood violations

Newbold Advisors Flood Insurance

We Can Help

Get your Flood Insurance Program on track in three easy steps:

1) Assess your flood insurance plan

2) Identify compliance gaps

3) Remediate to avoid risk and penalities

About Newbold

Newbold Advisors, LLC is a consulting and professional services company serving institutional clients in the private and public sectors.

The firm’s mission is to deploy qualified people at competitive rates to achieve tangible results. Our goal is to earn every client’s trust by delivering results with integrity.

Headquarters Office

25400 US 19 N. #124
Clearwater, Florida 33763
info@newboldadvisors.com
(727) 535-2102

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