Missouri - Flood Insurance Training Requirements
This a 2006 Bulletin but is still current. Bulletin 06-06: Flood Insurance Training Requirements Summary; The federal law directs the Missouri Department of Insurance, Financial Institutions & Professional Registration (DIFP) to require property producers to complete a one-time course related to NFIP which will provide at least three hours of continuing education credit. These three hours are not required in addition to the normal 10 hours. NFIP flood courses are available through some approved continuing education providers. The failure to comply with this continuing education requirement may jeopardize the producer's authority to write insurance through the NFIP. All Missouri state licensed insurance producers who sell federal flood insurance policies must comply with the minimum training requirements of Section 207, and basic flood education as outlined in 70 C.F.R. Sec. 52117, or such later requirements as published by the Federal Emergency Management Agency. Effective January 1, 2007, insurance producers are encouraged to fulfill these requirements by December 31, 2009. If an insurance producer has already taken the "What's New at the NFIP?" or the "NFIP: The 2007 EC made EZ" course, these courses can be used to fulfill the minimum training requirements. Click here to read the bulletin. http://www.insurance.mo.gov/laws/bulletin/06-06.htm |