American Bankers Mutual Insurance surpasses $100 million in total distributions
ABA announced that American Bankers Mutual Insurance—the reinsurer for the ABA-endorsed insurance program—has declared a $3.5 million annual distribution to ...
Tag: Insurance
Treasury Department urges insurance regulators to incorporate climate risks
State insurance regulators should prioritize efforts to adapt their regulatory and supervisory tools to incorporate climate-related risks, the Treasury Department ...
$3 million insurance distribution declared for eligible ABA members
It is the 33rd consecutive year that this resource has been available to eligible ABA member banks, a total of ...
ABA, Devenir survey: 67M Americans covered by an HSA
An estimated 67 million Americans were covered by health savings account, according to a survey released today by ABA’s HSA ...
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.
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 ...
