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Forrest T. Jones & Company Launches National Professional Liability Insurance Program

November 27, 2018December 4, 2020 PR Article

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Kansas City, MO – Forrest T. Jones & Company (FTJ) announced that it has completed an agreement with Arch Insurance Company to serve as the Program Administrator for Arch’s accountants professional liability insurance program. FTJ will market, underwrite and administer the program under its ProDefender™ product line to CPAs and CPA firms with annual revenues up to $5 million. The program will be offered to eligible accountants on an admitted basis in 28 states. ProDefender’s comprehensive coverage is designed to meet the needs of CPAs and CPA firms performing a…

Transaction Account Guarantee program up for extension

December 14, 2012January 9, 2014 Dan

Senate debates extending Transaction Account Guarantee program The U.S. Senate has taken up legislation regarding the Transaction Account Guarantee program, a federal initiative designed to protect certain non-interest bank accounts with insurance coverage. The program was developed in the height of the economic recession as a way to protect small banks while larger institutes either failed or were bailed out by the federal government. The program has been considered a boon for small, community-based banks that would have collapsed without adequate insurance protection. Program could continue to protect small banks…

Rates for Medicare Advantage to fall as enrollment soars

September 16, 2011May 8, 2013

Rebuking the notion that health insurance premiums will reach new highs as a result of the Affordable Care Act, the Obama administration spoke with reporters on Thursday and insisted that premiums for Medicare Advantage policies will fall in 2012. Medicare Advantage is one of the more popular federal health care plans and boasts of lower deductibles than other insurance programs. The program accounts for only a quarter of the 48 million policies currently in effect through Medicare. Officials also noted that they expect to see enrollment rates for the program…