In a comment letter to the Department of Defense today, ABA called on the Pentagon to repeal a section of the amendments to its Military Lending Act interpretive rule relating to service members’ ability to finance the purchase of Guaranteed Acceptance Protection insurance with a loan used to purchase the vehicle.
As part of the short-term deal to fund the government until mid-January, Congress has extended authorization for the National Flood Insurance Program until Jan. 19, 2018.
The Federal Emergency Management Agency last week published guidance for Write Your Own private insurance companies on how to how to handle a potential lapse in National Flood Insurance Program authority.
The ABA Health Savings Account Council today applauded proposed changes by Department of Health and Human Services to further incorporate health savings accounts and high-deductible health plans into the health insurance plans available from health care exchanges in 2019.
American Bankers Mutual Insurance Ltd. — the reinsurer for ABA’s endorsed insurance program — will distribute $1.6 million to be shared by qualified member banks insured through ABA Insurance Services Inc., the association announced tod
In a bipartisan vote today, the House passed H.R. 2874, which would reauthorize the National Flood Insurance Program for up to five years.
ABA today urged the House to pass H.R. 2874, which would reauthorize the National Flood Insurance Program for up to five years.
The House is expected to vote Thursday on a flood insurance reauthorization bill.
The National Flood Insurance Program has depleted its capacity to borrow from the Treasury Department following the destruction of Hurricanes Harvey, Irma and Maria, according to the Federal Emergency Management Agency.