Diary of a Bank Insurance Review
Well over 75% of the calls I get are from bankers who want a review of their bank’s insurance coverage. The process is straightforward. Send me your policies and other information. I review it, ask...
View ArticleFDIC and Professional Liability Lawsuits
I do a lot of work with banks. I subscribe to FDIC news notices. This one (2/10/2011) made my blood run cold… Something about the tone… Obviously I knew that FDIC goes after bank directors. However!...
View ArticleBank Insurance Issues – ABA Journal
The American Bankers Association’s ABA Banking Journal picked up a piece I wrote a few months ago. “In insurance, sometimes little things become big things when they aren’t addressed properly. Often...
View ArticleBank Civil Money Penalties Insurance Update
A note from a client today – to his agent, cc to me:~~~~~ Bob (not the agent’s real name), With the many new laws, regulations and agencies to enforce them, we are concerned about the possibility of...
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What Trouble Lurks Inside Your Insurance?
On average, I find more than 50 problems when I review a bank insurance program. How many are in your policies? Here’s a typical timeline for an unbiased insurance review: Day 1 – The CFO of ABC...
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Bank Directors and Officers Insurance Handbook Available on Amazon
My latest update to my Bank D&O Insurance Guide is out… The Definitive, Pragmatic, Unbiased Insurance Guide For Bank Board of Directors on The Directors’ and Officers’ Insurance Policy. Written...
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