Maryland Gov. Larry Hogan yesterday signed emergency legislation that would fix a state law inadvertently preventing hundreds of thousands of Marylanders with high-deductible health plans from contributing to their health savings accounts.
As banks continue to face threats from cyber incidents, the Federal Financial Institutions Examination Council today issued a joint statement on how it views the role of cyber insurance in banks’ overall risk management strategies.
A little after midnight this morning, the Senate voted to pass a $1.3 trillion spending bill that will fund the government through the end of the fiscal year on Sept. 30.
In a letter to lawmakers today, ABA’s Health Savings Account Council applauded a bipartisan measure that would allow HSA plans the option to cover high-value health care services and medications associated with chronic disease management without a deductible.
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.