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How to add predictive analytics into your risk program. Risk reports are often limited to historical insights and issues and do not provide guidance and insights into the future of the organization. Adding predictive analytics can allow your organization to detect emerging risks and create mitigation plans. This can be achieved by combining internal and external key risk indicators (KRIs) and key performance indicators (KPIs) with regulatory intelligence. This ensures that risk reports can detect more issues and highlight areas of concern. Click here to learn more.


FEMA ANPR on payments to WYO companies

FEMA has published [84 FR 32371] an advance notice of proposed rulemaking seeking comment on possible approached to incorporating actual flood insurance expense data into the payment methodology FEMA uses to determine the amounts of payments to private insurance companies participating in the Write Your Own (WYO) flood insurance program. FEMA was directed to modify the way it pays WYO companies under the Biggert-Waters Flood Insurance Reform Act of 2012.

Comments are requested by September 6, 2019.

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