Best's Underwriting Report

Best's Underwriting reports describe the hazards and loss controls of nearly 600 businesses and municipal services. Each report includes a detailed description of the industry and identifies the hazards and loss controls for those companies. The Hazard Index of each report quantifies the degree of liability in applicable lines of insurance.

Report Date: 4/17/2026 6:48:47 AM

Report Type: Update

Report Description: The Banks – Commercial report helps readers assess the insurance needs of full-service financial institutions that have the primary functions of receiving and holding money for others, making loans and extending credit, and facilitating the transfer of funds. Professional Liability, Crime, Cyber Insurance, and Directors' and Officers' Liability are the insurance lines that carry the greatest degree of exposure. Special exposures include cyber theft of bank funds, employee misappropriation of funds, breach of corporate duties, and inadequate security measures, both physical and electronic. Related reports include Accounting Services, Armored Car Services, Collection Agencies, Credit Reporting Agencies – Consumer, Financial Planning Firms, Guard and Patrol Services, and Internet Service Providers.