How Banks Should Prepare for a Flood Insurance Lapse
If not reauthorized, the National Flood Insurance Program will lapse on Sept. 30. Here’s what bankers can do to get ready.
Browsing: Insurance
Fed Proposes Risk-Based Capital Requirements for Insurance Firms It Oversees
The Federal Reserve today proposed to establish risk-based capital requirements for the eight depository institution holding companies it oversees that are significantly engaged in insurance activities.
Opportunities for Growing Today’s Bank-Insurance Business
Three insurance products where banks are finding success with customers—and the bottom line.
ABA Supports Legislation to Ease Health Care Costs for Seniors
The American Bankers Association’s Health Savings Account Council today applauded the introduction of H.R. 3796, the Health Savings for Seniors Act, a bipartisan bill that would help ease the burden of rising out-of-pocket expenses for seniors on Medicare.
New Treasury Guidance Offers Greater Flexibility for Americans with High-Deductible Plans
Following an executive order by President Trump, the Treasury Department and IRS today issued guidance expanding the preventative care benefits that may be provided by high-deductible health plans linked to Health Savings Accounts for a range of chronic conditions.
Waters to Prioritize Affordability in Long-Term NFIP Renewal
As House Financial Services Committee members continue preparing a much-anticipated long-term reauthorization of the National Flood Insurance Program, Chairwoman Maxine Waters (D-Calif.) said today that she is focusing on affordability of NFIP premiums.
How to Help Customers Save Up for Their Well-Being
Like it or not, medical banking is here and growing where other features of banking are simply stagnant.
Podcast: A Small-Town Bank That Serves Small-Town Banks
Kristie Holoch’s bank is not just in the business of serving farmers, families and small businesses in the 33 Nebraska towns where it has branches — it also serves its fellow Nebraska community banks.
Compliance in 2019: What to Expect and Where to Focus
From HMDA to CRA and from fair lending to anti-money laundering, 2019 promises to be a busy year in the world of compliance.
ABA Seeks Safe Harbor for Banks in Insurance Model Law
The American Bankers Association last week urged the National Association of Insurance Commissioners to provide a safe harbor for banks and their affiliates in the insurance distribution business in its “suitability in annuity transactions” model law.