ABIA and ABA have produced communications materials to help bankers communicate with customers about key changes to the National Flood Insurance Program. The changes, mandated by last year’s Biggert-Waters Flood Insurance Reform Act, could result in significant increases in flood insurance premiums.
The materials – free to ABA and ABIA members – include a fact sheet and sample cover letter as well as two customizable news releases that bankers can distribute to local media. These resources complement a letter that ABIA had previously provided to members following Hurricane Sandy.
Download the press release.
Download the Hurricane Sandy-specific press release.
Download the fact sheet.
Download the cover letter.