Mississippi insurance commissioner makes that observation, while FEMA says agency continues to eye NFIP privatization.
Bill would slow rate of increase in NFIP premiums in areas that had been declared disasters.
The $2 billion credit union in Westbury, N.Y., said it provided $50 million in low-cost loans to the Long Island community.
Rating service says more than 230,000 automobiles affected by super storm.
Lower approval rates seen from banks, credit unions and alternative lenders.
Moody’s Investors Service says the U.S. property and casualty personal-lines sector remains stable despite expected Hurricane Sandy losses.
Downed phone lines, tall order of accounting for 2,000 credit unions in affected areas complicating the job, agency says.
Some connect it to hot topics such as federal risk management, insurers' disaster responses and climate change.
California-based air transportation credit union offers post-Sandy loan terms to members affected by storm.
As Credit Union Times was going to press last week, Hurricane Isaac was bearing down on the Mississippi Gulf area. We are hopeful that credit unions and their employees stay hunkered down and safe through this stressful time. Like the rest of the country, we’re awaiting reports back from colleagues,...