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CUNA Mutual Group is in the Financial Services Industry
Latest News and Analysis
Fitch Affirms CUNA Mutual Group's Ratings; Outlook Stable
CHICAGO -- Fitch Ratings today affirmed the 'AA-' insurer financial strength IFS ratings of the CUNA Mutual Insurance Society CMIS, its wholly owned property casualty subsidiary, CUMIS Insurance Society, Inc. CUMIS and its affiliate, CUNA Mutual Life Insurance Company CMLIC. At the same time, Fitch affirmed the 'AA-' medium-term note...
Fitch Affirms CUNA Mutual Group's Ratings; Outlook Stable
CHICAGO -- Fitch Ratings has affirmed the 'AA-' insurer financial strength ratings of the CUNA Mutual Insurance Society CMIS, its wholly owned property casualty subsidiary, CUMIS Insurance Society, Inc. CUMIS, and its affiliate, CUNA Mutual Life Insurance Company CMLIC, all collectively referred to as CUNA Mutual Group (CMG, or CUNA...
Fitch Affirms CUNA Mutual Group's Ratings; Outlook Stable
CHICAGO -- Fitch Ratings affirms the 'AA-' insurer financial strength ratings of the CUNA Mutual Insurance Society CUNA Mutual, its wholly-owned property casualty subsidiary, CUMIS Insurance Society, Inc. CUMIS and its affiliate, CUNA Mutual Life Insurance Company CMLIC. Fitch also affirms the long-term issuer rating of CMLIC of 'A+'. The...
Fitch Lwrs Rtgs Of CUNA Mutual Group As Part Of Industry Review
Business Editors CHICAGO & NEW YORK--BUSINESS WIRE--Sept. 19, 2002 Fitch Ratings has lowered the ratings of the CUNA Mutual Group as part of a comprehensive industry review of all North American life insurance company ratings that was initiated on August 14, 2002, and completed today. The ratings affected...
Fitch Affirms Ratings Of CUNA Mutual Group
Business Editors CHICAGO--BUSINESS WIRE--Oct. 18, 2001 Fitch has affirmed the 'AA' insurer financial strength rating of the CUNA Mutual Insurance Society CUNA Mutual, its wholly owned property/casualty subsidiary, CUMIS Insurance Society, Inc. CUMIS, and its 'permanent affiliate' CUNA Mutual Life Insurance Company CMLIC. Fitch has also affirmed CMLIC's...
Fitch Publishes Reports On The CUNA Mutual Group
Business Editors CHICAGO--BUSINESS WIRE--March 9, 2001 Fitch has just published reports on CUNA Mutual Insurance Society CUNA Mutual, CUNA Mutual Life Insurance Company CMLIC and CUMIS Insurance Society, Inc. CUMIS. CUNA Mutual, CMLIC and CUMIS are jointly referred to as the CUNA Mutual Group. Fitch currently rates the...
Fitch Assigns CUNA Mutual Life `AA-' Long-Term Rating
Business Editors CHICAGO--BUSINESS WIRE--Nov. 6, 2000 Fitch, the international rating agency formed by the merger of Fitch IBCA and Duff & Phelps Credit Rating Co., today has assigned an `AA-' long- term rating to CUNA Mutual Life Insurance Company CMLIC. The Rating Outlook is Stable. The rating...
Additional Resources
MajescoMastek Recognized for Insurance Technology Innovation
Customer Transamerica Reinsurance Named as an INNovator for Mortality Management Solution EDISON, N.J. -- MajescoMastek today announced that its customer, Transamerica Reinsurance, has been recognized with a 2008 INNovators Award for a mortality management system it co-developed that can reduce risks and increase profits for life insurers. ...
'Nobody Immune' As Analysts Tally Market's Effects On Portfolios, Options
Last week's earthquake in the financial markets was being felt throughout the credit union industry, as gyrating rates and a variety of holdings were delivering a major shock to balance sheets all over the country. "Look, nobody is immune to this," said Jeff Post, CUNA Mutual Group CEO,...
Historic Hollywood cinema for sale
LOS ANGELES AFP — The historic Hollywood cinema El Capitan, where "Citizen Kane" had its world premier, is up for sale for 31 million dollars, the owners told the Los Angeles Times Wednesday. Located on Hollywood Boulevard just opposite the Kodak theater where the Oscars ceremony is held...
Insurance Offers Members Protection, CUs New Revenue
Legislation that could negatively affect one revenue stream and the current mindset of consumers may combine to make the sale of insurance products more important sources of fee income. "There are definitely opportunities for credit unions to serve more members with their existing products, and I think insurance...
CUNA Mutual, 40 CUs In Pilot Student Loan Program
CUNA Mutual CEO Jeff Post is among those who believe student lending holds great promise for credit unions. “The most intriguing thing to me is student loans and the ability to bring in tons of new members,” he said. CUNA Mutual Group is piloting a program...
CUs Told They Can Survive Economy With Right Plan
Two leading credit union economists are cautiously optimistic credit unions will survive the tough times facing much of the economy, but urged wide use of capital and a strategic approach to serving members. Tun Wai, director of research and chief economist with NAFCU, and Dave Colby, chief economist...
One And Done? Not Necessarily, Find 13 CUs Piloting ‘Indirect’ Test
A pilot program aimed at addressing one of the most vexing issues in credit unions–turning “indirect” members into longer-term relationships, has started to show promising results. The pilot program was created by CUNA Mutual Group as a means of doing something about so-called “one-and-done” members whose only connection...
Why Every CU Should Have A Fee Income Committee
Does your credit union have a “fee income committee?” It should, according to several analysts, who offered that proposal and others for boosting non-interest income. The analysts did so while noting that although credit unions still see fees as a point of differentiation with banks, they have also...
TWO: Benefits As A Recruiting Tool
Credit unions seeking talented candidates for executive positions should take a hard look at their benefit plans, according to one analyst. Rick Boothby, executive benefits specialist for CUNA Mutual Group, told Discovery Conference attendees the number of benefits non-profit and tax-exempt organizations can offer to key executives are...
ONE: Worker Health & Bottom Line
Credit unions that commit to safety and health in the workplace from top management and the establishment of a active return to work program can help prevent workplace injuries and reduce the duration and cost of disabilities, a panel of experts told a Discovery Conference audience. Panelists included...
FOUR: Time For CUs To Raise Red Flag
Credit unions are being reminded that they have until Nov. 1 to comply with the identity theft “red flag” rules enacted by regulators. Among the requirements is that a CU must develop prevention measures based on its own ID theft situation (CU Journal, March 17). During...
CALENDAR
JUNE June 18-21 CUNA Mutual Group Discovery Conference, Westin Diplomat Resort & Spa, Hollywood, Fla. For info: www.cunamutual.com/discovery. June 18-19 Mid-Atlantic Corporate FCU Annual Meeting, Wyndham Gettysburg Hotel, Gettysburg, Penn. For info: 800-622-74494 or lphiliboatmidatlanticcorp.org. June 18-21 ...
How CUs, CUSOs Can Use 401(k) As Gateway To Other Services
The beauty of a 401k or other retirement product is that it can be a gateway product to both young, working adults and the burgeoning boomer retiree market, as well as to capturing lucrative business services. That’s why CUNA Mutual Group is expanding its existing retirement plan product...
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CUNA Mutual Group Company Info
NAICS Code
Direct Property and Casualty Insurance Carriers: 524126Brought to you by IBM
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