OSC Offers Final Flood Insurance Regulations Webinar for CRCM Credits

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Lending institutions, mortgage servicers or property investors will benefit from this OSC and H2O Partners' flood compliance webinar to be held on Tuesday, September 29th at 11:30 a.m. EST.

We know these flood regs can be particularly challenging and we will offer some insights that can help demystify the implications - Kirk Stephens, Chief Compliance Officer of OSC, a Breckenridge Insurance Group company

OSC, a leading lender-placed insurance, tracking and compliance services provider, is providing a free compliance webinar on the recent Final Flood Rules on Tuesday, September 29th from 11:30 a.m. to 12:45 p.m. EST. The webinar is in collaboration with H2O Partners who are experts in training on flood insurance and flood compliance issues. The webinar is eligible for 1.25 Certified Regulatory Compliance Manager (CRCM) credits upon completion of the webinar* and registration is now open here.

The webinar will provide lenders, mortgage servicers and property investors with key takeaways of the 189-page final flood rules regarding Loans in Areas Having Special Flood Hazards jointly published in June of this year by the Office of the Comptroller of the Currency, Treasury; Board of Governors of the Federal Reserve System; Federal Deposit Insurance Corporation; Farm Credit Administration; and the National Credit Union Administration. The main topics to be addressed in the webinar include: Escrows and Exceptions; Detached Structures; Force Placement; and a Private Flood Insurance Update. The 60 minute presentation will be followed by 15 minutes of questions and answers.

Presenting the webinar training will be Rich Slevin and Dorothy Martinez, senior trainers of H2O Partners and Kirk Stephens, chief compliance officer of OSC and Breckenridge Insurance. Slevin has 39 years of experience in property/casualty insurance industry with an emphasis on flood insurance and flood compliance for nearly 25 years. Martinez brings more than 26 years of experience as a subject matter expert on the National Flood Insurance Program, specializing and flood insurance and flood compliance training. Stephens has more than 25 years of bank regulatory experience and is a 20 year veteran and former bank examiner executive of the FDIC and recognized industry speaker.

“OSC is pleased to be offering this webinar to our clients and industry-peers as staying in compliance with changing regulations is critical,” Stephens commented. “We know these flood regs can be particularly challenging and we will offer some insights that can help demystify the implications.”

Final Rules in 60 has been approved for 1.25 CRCM credits. This statement should not be viewed as an endorsement of this program or its sponsor. ICB members must report these credits at http://www.icbmembers.org.

About OSC
OSC, a Breckenridge Insurance Group Company, is a financial risk management and compliance technology service provider based in Kennesaw, Ga. For more than thirty years, OSC has set the benchmark for delivering risk management and technology solutions to financial institutions of all sizes, serving more than 1,000 clients nationwide. OSC was among the first of its industry peers to successfully complete the SSAE16 SOC1 audit. The company’s reputation as a compliance expert and technology innovator is exemplified in OSC’s proprietary IrisX (Informed Risk eXchange) suite of cloud-based software solutions. The proprietary system is designed to meet the complex compliance and multi-collateral tracking demands of the 21st century consumer and commercial lender. For more information please call 800-432-1258

About Breckenridge Insurance Group:
Breckenridge Insurance Group, headquartered in Atlanta, Ga., is a nationally known specialty wholesale insurance broker, program manager, MGA and insurance services provider. The company serves independent insurance agents and brokers and financial institutions with 14 offices nationwide. Companies include Blue River Underwriters, Breckenridge Insurance Services and OSC. The team provides access to diverse commercial insurance products, programs and contract binding authorities for varied industries, businesses and professionals through its national and international carrier partnerships. Areas of specialty include: property and casualty, products liability, professional liability, workers’ compensation and lender-placed insurance, tracking and compliance. For more information, please call 678-322-3535. CA Insurance License #0G13592.

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