Many of my readers are bankers who manage their bank insurance program...
The American Bankers Association and Progressive Insurance announced major changes to their bank insurance program.
In short, Progressive's share of the program is being bought out. It seems that all current staff and operations will stay the same. Coverage forms and the program structure will apparently stay the same.
Here is the press release - http://banks.progressive.com/Main/ABPFIC_announcement.asp.
Scott Simmonds, CPCU, ARM, CMC
The Insurance Assurance Consultant
The American Bankers Association and Progressive Insurance announced major changes to their bank insurance program.
In short, Progressive's share of the program is being bought out. It seems that all current staff and operations will stay the same. Coverage forms and the program structure will apparently stay the same.
Here is the press release - http://banks.progressive.com/Main/ABPFIC_announcement.asp.
Scott Simmonds, CPCU, ARM, CMC
The Insurance Assurance Consultant
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