Wednesday, May 6, 2015
Tenn. Insurance CUSO Opens for Business
OAK RIDGE, Tenn. — CU Insurance Services of Tennessee, LLC, opened for business just two months after the joint venture was announced.
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SELCO Insurance Services, a wholly owned subsidiary of SELCO Community Credit Union, said Wednesday it has completed acquisition of Hillsboro, Ore.-based M & M Insurance LLC. more »
MADISON, Wis. — CUNA Mutual Group said it has reached an agreement to sell Producer's Ag Insurance Group — its crop insurance business better known as ProAg — to HCC Insurance Holdings, Inc. more »
MADISON, Wis. — CUNA Mutual Group is expanding its credit union member-facing insurance options through an alliance with private health insurance marketplace GoHealthInsurance, which will allow CUs to market health insurance directly to members. more »
Much like healthcare.gov struggled on its way to signing up 7.1 million Americans, Credit Union Journal reported in part 1 of this series that private health insurance exchanges working with credit unions are experiencing similar frustrations. The final installment of this series explores why CUs are taking a wait-and-see approach when it comes to private insurance exchanges. more »
ATLANTA — Much like healthcare.gov struggled on its way to signing up 7.1 million Americans, private health insurance exchanges partnering with credit unions are reporting their own enrollment challenges. more »
WASHINGTON -- To help protect against rising litigation costs that are coming at credit unions from new angles, CUNA Mutual Group has introduced coverage that reimburses certain defense costs associated with claims that are commonly not covered by liability policies. more »
MADISON, Wis. -- CUNA Mutual Group and State National Companies are collaborating to let members know that if they need auto insurance when taking out car loans they can get it from their credit unions. more »
MADISON, Wis. -- Although CUNA Mutual Group has spun off its CMG Mortgage Insurance Company to Arch Mortgage Insurance Company, the sales team that will be distributing the mortgage insurance product to credit unions will remain employees of CUNA Mutual Group under the acquisition deal that was finalized Thursday. more »
BAD AXE, Mich. -- Three area credit unions have teamed up to create a new CUSO called Strategic Income Solutions LLC, which will focus on offering bottom-line-building products and services to cooperatives. more »
COLORADO SPRINGS, Colo. -- The $150-million Aventa Credit Union here has begun offering a health insurance marketplace to its members. more »
WAXHAW, N.C. — Americans trust their credit unions but are less inclined to trust their credit union advisors. That's one of the key findings of a new study from Kehrer Saltzman & Associates. more »
WAXHAW, N.C. — Credit union advisors are stretched too thin. more »
EAST WINDSOR, Conn. — Though some credit unions may not be thinking about insurance, the major insurance companies are definitely thinking about those basic PFI services credit unions offer, and may be poised to swoop in and steal that business. more »
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Spring Has Sprung at PenFed
This spot from Pentagon FCU focuses on how the CU can help members "do better," including car loans, mortgages, personal loans and more, as well as how easy it is to join the CU.
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