Insurance Activities of Banks LL

As more and more banking organizations enter the insurance business, the line between banks and insurance agencies has virtually disappeared - in practice and in the eyes of federal and state legislators. The need has never been greater for a clear guide that explains the legal and regulatory limits placed on banks involved in insurance sales activities. Insurance Activities of Banks provides authoritative coverage of insurance products now offered by banks, plus the latest judicial and legislative developments - including the landmark Gramm- Leach-Billey Act - that affect their activities. It clearly explains vital topics such as:

- The many types of insurance activities now being handled by banks, including retail sales of insurance and underwriting risk
- Major state insurance regulatory issues and how banks are affected
- State banks, national banks, and thrifts, and the insurance activities permissible for each type of institution
- The various organization structures, such as bank holding companies, financial holding companies, financial subsidiaries, and how to choose the
right entity for conducting insurance activities
- Offshore insurance activities