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Comp Blog

New- July 2: National Flood Insurance Program Suspensions / Cybersecurity

By: Danielle Wright

CommentWednesday - July 2, 2014

Community Suspensions  (NFIP)

The Federal Emergency Management Agency has published three final rules identifying communities that are pending suspension under the National Flood Insurance Program (NFIP) because of noncompliance with the floodplain management requirements of the program.

  • July 7, 2014—communities in Massachusetts, Rhode Island, Delaware, Georgia; Kentucky, North Carolina, Indiana, Minnesota, Texas, Nebraska, and Idaho
  • July 16, 2014—communities in Massachusetts, Pennsylvania, Indiana, Michigan, Louisiana, and Kansas
  • August 4, 2014—communities in Michigan, Kansas, and North Dakota

Credit unions included in FFIEC pilot program on cybersecurity

Last week, CompBlog covered the announcement of a new FFIEC  pilot program to assess how community financial institutions manage and mitigate cyber-risks. (CompBlog- June 25).   Today's NewsNow reported that credit unions are part of the cybersecurity program – about half of the 500 institutions in the pilot program are credit unions. 







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