Last week, five federal agencies – the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation (FDIC), the Farm Credit Administration (FCA) and the National Credit Union Administration (NCUA) – issued a Notice of Proposed Rulemaking that would amend regulations outlined in the Biggert-Waters Flood Insurance Reform Act of 2012 to "establish requirements with respect to the escrow of flood insurance payments, the acceptance of private flood insurance policies, and the force-placement of flood insurance." The OCC is also proposing to "integrate its flood insurance regulations for national banks and federal savings associations." The proposed rule has a 60-day comment period that ends on December 10. For more, read the full press release.