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Tuesday, September 2, 2014
CUNA Mutual Alliance Allows CUs To Market Health Insurance To Members
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.
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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 »
ORLANDO — With margins stretched and lending still struggling to grow, credit unions need all the non-interest income they can get these days, and insurance may represent the greatest opportunity for CUs to find that revenue. more »
WAXHAW, N.C. — Advisors in credit unions are bringing in the dough. more »
WASHINGTON – A proposed overhaul of the National Flood Insurance Program introduced by the Federal Reserve last week would start to move back toward the private market, with credit unions and banks required to provide an alternative to the government program that has dominated the market for the past four decades. more »
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