InsurBanc is offering a summary of federal deposit insurance and current issues that affect an agency’s business and personal accounts on its Web site.
InsurBanc’s site reflects the most recent changes in limits of Federal Deposit Insurance Corp. coverage. In September 2008, limits on standard insurance were increased from $100,000 to $250,000 through Dec. 31, 2009. Those higher limits were recently extended until Dec. 31, 2013.
“All banking customers are wise to take a second look at the basics of safety and soundness of banks and get an update on the expanded safety net of federal deposit insurance,” explained Mary Grazen, InsurBanc’s executive vice president and chief operating officer.
The Web site includes important updates to insurance coverage, answers to frequently asked questions, and links to key FDIC information and to “EDIE the Estimator,” an FDIC tool that calculates deposit insurance coverage.
Source: InsurBanc
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
