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 $3.8 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 $65,290 as part of the distribution.
This is the 35th 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.
