Recent events in financial markets in general and the Excess Deposit Bond (EDB) marketplace in particular have resulted in an enormous increase in the volume of EDB applications. Based on this overwhelming response, we are unable to accept new applications at this time. We understand the inconvenience that this may cause and regret the need to take this action.

Progressive's long-term goal continues to be to provide a stable source of insurance for community banks. We continue to be a leading market for Directors & Officers Liability, Financial Institution Bond and other related products and welcome the opportunity to be of assistance with these coverages.

Questions? Please contact Progressive at 800-274-5222.

For information about our D&O and Financial Institution Bond program, please visit banks.progressive.com or call 800-274-5222.