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NFIP Issues New Flood Insurance Manual

The latest National Flood Insurance Program Flood Insurance Manual, with revisions effective Oct. 1, is now available...
August 27, 2014

NFIP Manual CoverThe latest National Flood Insurance Program (NFIP) Flood Insurance Manual, with revisions effective Oct. 1, is now available. NFIP Flood Insurance Manual is used primarily by insurers and agents selling and servicing Federal flood insurance.

Subsequent to the release of the new Flood Insurance Manual, a string of NFIP iService Bulletins were issued that act as supplemental information to the October 1 manual. These bulletins do not supersede one another; rather, they form a more complete expression by NFIP of what is included in the manual. We have organized these by subject area for ease of your reference:

w-14045 – NFIP October 1 Manual

w-14026 – 10-01-14 Rate Tables
w-14031 – Revised Table 2A (to be corrected to w-14026)

w-14035 – Refunding Amounts to Insureds
w-14035 – October 1 Refund Procedures

w-14033 – Deliberate Creation of Duplicate Policies
w-14047 – Address Reporting Duplicate Policy Reports.

w-14038 – Guide for WYO Counsels – This refers to processing claims; for your internal reference only.

w-14043 – Limitations on Credit Cards – Both BW12 & GW14 call for providing installment payments. This memo alerts all to the several additional challenges facing FEMA/NFIP if this option is pursued. PIA has outlined the many challenges still to be addressed by FEMA/NFIP on this matter. It will require further rulemaking.

w- 14046 – Extension to 12-01-14 on Large Font Policies.

Please note that all bulletins are located at www.nfipiservice.com/bulletin_2014.html.

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