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By Michelle A. Samaad |
April 5, 2013
Latest in ongoing court fight over $72 million in failed securities rated by S&P and sold by RBS Securities to CUNA Mutual.
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By Michelle A. Samaad |
March 8, 2013
Insurer seeking to recover $72 million from RBS Securities.
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By Marc Rapport |
December 18, 2012
Ratings agency cites company’s capitalization, diversification in issuing stable outlooks
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By Michelle A. Samaad |
June 4, 2012
Over the past few years, CUNA Mutual Group has focused on bolstering a number of areas to weather the most recent financial crisis.
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By Michelle A. Samaad |
May 24, 2012
CUMIS Insurance Society’s and Producers Agriculture Insurance Co.’s financial strength ratings both now have "A" ratings from A.M. Best.
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By Michelle A. Samaad |
February 28, 2012
Deal approved nearly three years after members filed a class action suit against IBM Southeast Employees FCU for the sale of fraudulent investments.
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By Michelle A. Samaad |
January 22, 2012
CUNA Mutual Insurance Society, CUMIS Insurance Society and MEMBERS Life Insurance Co., have filed suit against RBS Securities Inc. claiming that the firm made false representations of its offering documents at the time that more than a dozen residential mortgage-backed securities were purchased by the three plaintiffs.
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By Michelle A. Samaad |
January 18, 2012
Company accuses RBS Securities of "inducing" it to buy certificates through false representations.
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By Michelle A. Samaad |
January 9, 2012
An attorney representing the members who filed suit against IBM Southeast Employees Federal Credit Union confirmed that a settlement had been reached regarding alleged fraudulent investments sold through a third-party broker dealer that was working with the credit union.
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By Michelle A. Samaad |
September 7, 2011
Nearly a year after the NCUA filed a proof of loss claim to recover alleged monetary damages connected to the collapse of St. Paul Croatian FCU, the CUMIS Insurance Society has denied it.
