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NATIONAL FLOOD INSURANCE PROGRAM THE WRITE YOUR …

NATIONAL FLOOD INSURANCE PROGRAM THE WRITE YOUR OWN PROGRAM financial control plan requirements AND PROCEDURES (FCPRP) Original Printing February 21, 1984 (Provisional) Second Printing June 1, 1984 Third Printing October 1, 1984 Fourth Printing October 1, 1988 Fifth Printing December 1, 1999 TABLE OF CONTENTS PAGE A plan TO MAINTAIN financial control FOR BUSINESS WRITTEN UNDER THE WRITE YOUR OWN PROGRAM -OVERVIEW ..1 PART 1 - financial AUDITS, AUDITS FOR CAUSE, AND STATE INSURANCE DEPARTMENT AUDITS ..1-1 A. BIENNIAL financial AUDIT ..1-1 B. BIENNIAL UNDERWRITING AUDIT ..1-2 C. BIENNIAL CLAIMS AUDIT ..1-4 D. AUDITS FOR 1. Underwriting ..1-5 2. Claims ..1-6 3. financial E. STATE INSURANCE DEPARTMENT AUDITS ..1-7 PART 2 -TRANSACTION RECORD REPORTING AND PROCESSING plan RECONCILIATION PROCEDURES.

NATIONAL FLOOD INSURANCE PROGRAM THE WRITE YOUR OWN PROGRAM FINANCIAL CONTROL PLAN REQUIREMENTS AND PROCEDURES (FCPRP) Original Printing February 21, …

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