ABA recommends reauthorizing NFIP on a five-year basis
NFIP is “essential” so borrowers in flood-prone areas can access mortgage collateral and insurance to protect their properties, ABA said.
Tag: Insurance
IRS updates contribution limits for HSAs
The Internal Revenue Service today released updated contribution limits—adjusted for inflation—for health savings accounts for 2023.
ABA Announces $3 Million Insurance Distribution to Qualified Members
American Bankers Mutual Insurance Ltd.—the reinsurer for the American Bankers Association endorsed insurance program—will distribute $3 million to be shared ...
State Health Mandates Challenging Health Savings Account Eligibility
To help chronically ill Americans afford the high costs of prescription drugs, 11 states have adopted so-called copay accumulator “adjustment” ...
Survey: One in Five Millennials Have HSAs
Younger Americans are embracing health savings accounts, with about one in five people in their 30s having an account, according ...
Survey: HSA Accounts, Assets Grew in 2020
Health savings accounts saw robust asset growth in 2020, with $82.2 billion in assets held in 30.2 million accounts, according ...
Vilsack Confirmed as Ag Secretary; Trades Call for Protection of Crop Insurance
The Senate yesterday confirmed Tom Vilsack to serve as agriculture secretary by a bipartisan vote of 92 to 7. Vilsack ...
BOLI: A Stable Asset in Unstable Times
A surge of liquidity and prolonged period of low interest rates are creating new questions for balance sheet management.
ABA Announces $2.5 Million Insurance Distribution to Qualified Members
American Bankers Mutual Insurance Ltd.—the reinsurer for the American Bankers Association’s endorsed insurance program—will distribute $2.5 million to be shared ...
HUD Proposal to Allow Private Flood Insurance for FHA-Insured Mortgages
The Department of Housing and Urban Development today Read the proposal to allow mortgagors the option to purchase private floor insurance ...
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