Posts in Category: Bank Program

Blog Post List

Webinar: What is your bank doing to manage risk? 

Monday, October 29, 2018

Webinar for banks and their agents: ABA Insurance Services with BakerHostetler is presenting a FREE educational webinar hosted by the American Bankers Association. What are the latest and common online, email, or social media scams out there that your employees or customers may fall for, and what can you and they do to avoid becoming another victim?

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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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Court rules in bank’s favor in an account takeover case. 

What does this mean to you?

In a relatively high profile court case, an appellate court ruled in favor of the defendant/bank rather than the plaintiff (the bank’s customer) in a dispute over an account takeover claim and reversed a lower court opinion, ruling that the bank may seek attorney’s fees from the plaintiff. In many respects, the decision handed down will be a significant influence on future court cases and also on security/verification procedures a bank mandates or places on accounts regarding account transfer requests.

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