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BANK INSURANCE NEWS IN BRIEF U.S. COMMUNITY BANK INVESTMENT PROGRAM INCOME UP 12.6% IN FIRST QUARTER MORE SECOND QUARTER VARIABLE ANNUITY SALES CONTINUE UP; FIXED ANNUITY SALES CHOPPY MORE U.S. THRIFT EARNINGS UP YEAR OVER YEAR, DOWN QUARTER TO QUARTER MORE FIRST NIAGARA LOOKS TO NEW ENGLAND WITH NEWALLIANCE MORE NY AG CUOMO SUBPOENAS MORE LIFE INSURERS’ RETAINED ASSET ACCOUNTS MORE CRITICAL ILLNESS INSURANCE APPEALS MORE AMERICAN COLLEGE TO HOLD FINANCIAL SERVICES DIVERSITY SUMMIT MORE HSBC HOLDINGS WANTS 70% OF OLD MUTUAL’S NEDBANK GROUP MORE INDIA’S IDBI, FORTIS AND FEDERAL BANK PARTNERSHIP RENAMED MORE EMPLOYEE BENEFITS AND TRUST-ASSOCIATED EARNINGS GROW AT COMMUNITY BANK SYSTEM MORE BENEFICIAL MUTUAL GROUP REPORTS RISING INSURANCE AND ADVISORY EARNINGS MORE GROWING INVESTMENT SERVICES AND TRUST REVENUES CONTRAST WITH NET LOSS AT PINNACLE MORE WEALTH MANAGEMENT AND BOLI INCOME UP AT INDEPENDENT BANK CORP. MORE WEALTH MANAGEMENT AND INSURANCE BROKERAGE EARNINGS COMPRISE 34% OF NONINTEREST REVENUE AT S&T MORE HEARTLAND FINANCIAL REPORTS GROWING TRUST, SECURITIES/INSURANCE BROKERAGE AND BOLI INCOME MORE	Serving the bank and insurance industries through consulting, research and tailored products since 1991.
	RECENT AND NOTEWORTHY ADDITIONS . . . August 24, 2010 - Community bank investment programs are off to a better start in 2010 thanks to an increase in annuity commissions, according to the Michael White Community Bank Investment Programs Report. Click here to read more. August 9, 2010 - Marking the highest quarterly results achieved, first-quarter bank holding company insurance brokerage income soared 9.6% higher than a year ago to $3.32 billion, according to the Michael White-Prudential Bank Fee Income Report. Click here to read more. August 2, 2010 - Bank-owned life insurance (BOLI) assets reached $135.8 billion in the first quarter of 2010, reflecting a 1.6% increase from the same period in 2009, according to the 2010 edition of the Michael White-Meyer-Chatfield Bank-Owned Life Insurance (BOLI) Holdings Report. Click here to read more. July 20, 2010 - Income earned from the sale of annuities at bank holding companies fell 20.7% to $582.6 million in first quarter 2010, according to the Michael White-ABIA Bank Annuity Fee Income Report. Click here to read more. June 1, 2010 - The nation’s bank holding companies experienced an increase of 38.5% in their total insurance revenue to a record $15.08 billion in 2009, according to a new report from Michael White Associates and the American Bankers Insurance Association. Click here to read more.

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