Fiduciary liability insurance covers the personal financial exposure that plan administrators, investment committee members, and other designated fiduciaries face when they are accused of mismanaging an employee benefit plan. Under…
What is real estate tax tracking? Sometimes called real estate tax servicing, it is the function built to confirm taxes get paid on time, on every parcel securing a loan,…
Following Spring 2026 announcements, the HUB Financial Services (HFS) compliance team provided clients with a deeper analysis of the Fannie Mae and Freddie Mac updates to property insurance requirements and condominium project standards. With…
Understanding ALCO in Community Banks starts with what problem it exists to solve: a bank’s assets (loans and investments) and its liabilities (deposits and borrowings) do not naturally move together,…
Lender-placed insurance and blanket insurance both serve to protect a lender’s interest in collateral. While there are many differences between the two coverages, one of the primary distinctions is what…
The FDIC just issued a Threat Spotlight Special Alert as part of their Division of Risk Management Supervision (RMS) / Cyber Fraud and Financial Crimes Section. It included a warning…
I received a request to explain carrier ratings, so that is our next topic! (I love requests, so reach out to me at michelle.mcarthur@hubinternational.com if there’s an insurance term you…
Learn how a major employer reduced the cost of employee benefits without switching carries or cutting perks.
Mortgage impairment insurance is a specialized form of coverage designed to protect lenders when something goes wrong with originating or servicing a mortgage due to an error, oversight, or breakdown…
Property tax tracking services are a function that tends to be underestimated until something goes wrong. For community banks, credit unions, and mortgage servicers, we increasingly see that moment arrive as a compliance finding or a missed tax-sale…