ABA announced that American Bankers Mutual Insurance—the reinsurer for the ABA-endorsed insurance program—has declared a $3.5 million annual distribution to be shared by qualified ABA-member banks insured through ABA Insurance Services, a member of Great American Insurance Group.
State insurance regulators should prioritize efforts to adapt their regulatory and supervisory tools to incorporate climate-related risks, the Treasury Department said in a new report.
It is the 33rd consecutive year that this resource has been available to eligible ABA member banks, a total of $97.3 million since the program’s inception.
An estimated 67 million Americans were covered by health savings account, according to a survey released today by ABA’s HSA Council and Devenir.
NFIP is “essential” so borrowers in flood-prone areas can access mortgage collateral and insurance to protect their properties, ABA said.
The Internal Revenue Service today released updated contribution limits—adjusted for inflation—for health savings accounts for 2023.
American Bankers Mutual Insurance Ltd.—the reinsurer for the American Bankers Association endorsed insurance program—will distribute $3 million to be shared by qualified member banks insured through ABA Insurance Services, the association announced today.
To help chronically ill Americans afford the high costs of prescription drugs, 11 states have adopted so-called copay accumulator “adjustment” laws.
Younger Americans are embracing health savings accounts, with about one in five people in their 30s having an account, according to a new HSA market survey released today by consulting firm Devenir and the American Bankers Association’s Health Savings Account Council.
Health savings accounts saw robust asset growth in 2020, with $82.2 billion in assets held in 30.2 million accounts, according to a year-end HSA market survey conducted by consulting firm Devenir.