Insurance News by CBIS Powered by: Arthur J. Gallagher & Co.

Potential Civil Money Penalties on Horizon for Non-Compliance with TRID - June 24, 2015

Do your community bank’s directors and officers carry personal protection policies against Civil Money Penalties assessed by bank regulators? Unfortunately, at Community BancInsurance Services, powered by Nicoud Insurance, we’re finding “no” is too often the answer to that question.

The reasons for not addressing this area of exposure range from “It won’t happen to us” to a fundamental misunderstanding of D&O policies. Read More.


CBAI Launches New Health Insurance Plan for Members - May 15, 2015

The Community Bankers Association of Illinois (CBAI), through its exclusive partnership with CBIS Nicoud, the premier provider of insurance products and services to Illinois community banks, has teamed with Cigna, a global health insurance company, to offer CBAI member banks a self-funded health insurance plan that can save them money on health care expenses. CBAI members will receive an exclusive 10% discount on premium costs that is not available to non-member banks. Read More.


CBSC and CBIS Nicoud Introduce New Health Insurance Assessment Program - October 21, 2014
Helps Bankers More Effectively Manage Rising Health Benefit Costs

Community BancService Corporation, Inc (CBSC), the business services affiliate of Community Bankers Association of Illinois (CBAI), the state’s largest banking trade organization exclusively representing community banks, today announced that it has partnered with CBIS Nicoud, the premier provider of insurance services and expertise to community banks in Illinois and Missouri, to deliver a new health insurance assessment service that will help banks better manage their health care costs. Read More.