The National Flood Insurance Program is set to lapse on May 31. Here’s what bankers can do to prepare.
American Bankers Mutual Insurance Ltd. — the reinsurer for the American Bankers Association’s endorsed insurance program — will distribute $2 million to be shared by qualified member banks insured through ABA Insurance Services, the association announced today.
The American Bankers Association announced yesterday that American Bankers Mutual Insurance Limited—the reinsurer for ABA’s endorsed insurance program—has reached an agreement to sell ABA Insurance Services to American Financial Group.
Illinois Gov. Bruce Rauner last month signed a bill that would fix a state law inadvertently preventing hundreds of thousands of Illinoisans with high-deductible health plans from contributing to their health savings accounts.
Clay Ewing is president and chief banking officer of a community bank with a name that reflects its heritage — but German American Bank is well ahead in developing a well-rounded community bank model that thrives.
The American Bankers Association joined a number of insurance trade associations in a comment letter to the National Association of Insurance Commissioners providing feedback on the NAIC’s recently proposed insurance data security pre- and post-breach checklists.
Digging beyond the headline numbers shows that the bank insurance market is robust and growing.
With hours to spare, the Senate today passed an ABA-supported measure extending the National Flood Insurance Program through Nov. 30, providing certainty for lenders and borrowers during this year’s hurricane season.