CFR Cullen Frost Bankers Inc

AUSTIN, Texas, Jan. 30 /PRNewswire/ -- Frost Insurance is partnering with the Texas Association of Business (TAB) to offer liability insurance to its members who serve as directors and officers of for-profit and non-profit organizations, including chambers of commerce. (Logo: http://www.newscom.com/cgi-bin/prnh/20080728/LAM010LOGO) At the association's request, Frost Insurance a subsidiary of San Antonio-based Frost worked to find the right partner for the products, which will help mitigate liability exposure for the association's members. "At a time of increased attention to corporate governance and heightened regulatory and shareholder scrutiny, board members and officers of companies and nonprofits face increasing liability exposure," said Dennis Northington, senior vice president for Frost Insurance. Bill Hammond, TAB president, added, "We are pleased to be able to offer our members this specialized Directors' and Officers' coverage, through Frost Insurance, to provide them with access to the protection they need." Frost Insurance, the insurance subsidiary of Frost, ranks among the top 40 in bank-owned agencies in insurance revenue in the nation, providing a full range of property and casualty, group employee benefits, estate planning and business succession and personal insurance needs throughout Texas. Frost is the banking operation of Cullen/Frost Bankers, Inc. (NYSE:CFR), a $14.1 billion financial holding company, headquartered in San Antonio, with more than 100 financial centers across Texas. Frost provides an array of business and consumer banking products, investment and brokerage services, insurance products and investment banking services. Founded in 1868, Frost is the largest Texas-based banking organization that operates only in Texas, with a legacy of helping clients with their financial needs during three centuries. Founded in 1922, the Texas Association of Business is a broad-based, bipartisan organization representing more than 140,000 small and large Texas employers and 200 local chambers of commerce. Contacts: Renee Sabel, Frost 210.220.5416 Enrique Marquez, TAB 512.477.6721 ext. 104 http://www.newscom.com/cgi-bin/prnh/20080728/LAM010LOGO http://photoarchive.ap.org/ DATASOURCE: Frost Insurance CONTACT: Renee Sabel of Frost Insurance, +1-210-220-5416, ; or Enrique Marquez of TAB, +1-512-477-6721, ext. 104, , for Frost Insurance

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