Blog Post List

ABA Insurance Services Rolls out Enhanced D&O Liability Coverage 

ABA-endorsed Insurance Program offers new policy features

ABA Insurance Services has developed a Directors & Officers Liability (D&O) policy to protect financial institutions and their directors, officers and employees to keep pace with today’s litigious environment.

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Social Media and The Workplace 

co-written by Marquerite Irefin and Jennifer H. Gorman, Esq., ABA Insurance Services

With social media everywhere, employers face unique challenges when it comes to their employees’ use and conduct. Not surprisingly, employees have been known to share information about their employers, including negative statements and damaging information, sometimes hurting the employer’s reputation; however, challenging employee social media posts can be tricky, difficult and potentially illegal.

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Workplace hotlines in the era of Fox News 

by Laura Simmons

SafeAlert-Importance of Workplace Hotlines

In light of the recent events at Fox News, is your company providing and properly maintaining a hotline for employees to call and report harassment, discrimination or other workplace issues? Why would a company pay to provide a hotline and not publicize it to employees? Also, if they knew about it, why wouldn’t employees use this resource?

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ABMI announces 27th consecutive distribution to participating banks 

$82.7 million has been declared in total distributions since 1991.
American Bankers Mutual Insurance, Ltd. (ABMI), the reinsurer of the ABA-endorsed insurance program, has declared a $1.5 million distribution to current member banks of the American Bankers Association (ABA) that have D&O, Financial Institution

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Be aware of liability when serving alcohol at company-sponsored functions 

With summer in full swing, many companies are planning group outings with alcoholic beverages being provided by the company. Business owners and managers should recognize that there is a legal liability associated with providing alcohol at these types of events that is not entirely unlike the risks borne by your local tavern owner.

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ABMI announces 26th consecutive distribution to participating banks 

$81.2 million has been declared in total distributions since 1991.

American Bankers Mutual Insurance, Ltd., the reinsurer of the ABA-endorsed insurance program, has declared a $1.1 million distribution to current member banks of the American Bankers Association (ABA) that have D&O, Financial Institution Bond and related insurance from ABA Insurance Services.

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Community banking and the “Green Rush” 

Why banks resist the urge to service marijuana-related businesses
Dec, 2015 Categories: Legalized Marijuana SafeTalk Spotlight

The opening up of the market for recreational and medical marijuana is so lucrative that it has been dubbed the “Green Rush.” Marijuana-related businesses in these states, like most businesses, need to receive suitable banking services; however, banks are generally unwilling to establish and fulfill these banking relationships.

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