American Bankers Mutual Insurance Ltd. (ABMI), the reinsurer for the insurance program co-endorsed by the American Bankers Association and Indiana Bankers Association, declared a $4.2 million annual distribution to be shared by qualified ABA-member banks through ABA Insurance Services, a member of Great American Insurance Group.
Indiana banks collectively received $84,861 as part of the distribution.
This is the 36th consecutive year for ABMI to declare a distribution for qualified banks that purchase their directors and officers (D&O), bond, cyber, property & casualty and related insurances from the program.
