community banks insurance News

Protx Risk Management Launches Bancshield+ Portfolio for Community Banks

Protx Risk Management LLC, a managing general agency that focuses on professional liability insurance, has introduced a suite of professional liability products for U.S. community banks, including directors and officers liability, employment practices liability, fiduciary liability, bankers professional liability including …

Senate Deals Blow to Bank Deposit Insurance

Efforts by small banks to protect a financial crisis-era deposit insurance program suffered a significant setback on Thursday when a bill to extend the program failed to survive a procedural vote in the U.S. Senate. The Transaction Account Guarantee (TAG) …