CUNA Mutual Insurance Society

• Hurricane Isaac: CUNA Mutual Says No New Damage Reports

  By Michelle A. Samaad  |  September 4, 2012

  Reports of loss stemming from Hurricane Isaac continue to be on the low end thus far, CUNA Mutual Group said Tuesday.

• CMFG Life Insurance Receives Top Financial Strength Rating

  By Michelle A. Samaad  |  February 14, 2012

  While financial ratings agency A.M. Best has affirmed CMFG Life Insurance Co.’s financial strength as excellent, the firm still lists the company’s outlook as stable.

• CUNA Mutual’s New Structure Opens the Door for Acquisitions

  By Michelle A. Samaad  |  February 12, 2012

  While the 550,000 policyholders of the newly restructured CMFG Life Insurance Co. may not see any substantial changes, the firm’s parent company is looking forward to how the move will help it diversify and expand beyond the credit union industry.

• CUNA Mutual’s New Holding Company Makes Debut

  By Michelle A. Samaad  |  February 1, 2012

  CUNA Mutual Insurance Society has completed its reorganization to a mutual insurance holding company structure, according to CUNA Mutual Group.

• Fallen MBS Prompts CUNA Mutual Suit

  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.

• CUNA Mutual Seeks $72 Million in Mortgage-Backed Securities Suit

  By Michelle A. Samaad  |  January 18, 2012

  Company accuses RBS Securities of "inducing" it to buy certificates through false representations.

• PMI Group Files for Bankruptcy

  By David Morrison  |  December 4, 2011

  The ongoing saga involving PMI Mortgage Insurance and CUNA Mutual Group Mortgage Insurance entered into a new stage on Thanksgiving Eve when the PMI Group, PMI MI's holding company, filed for bankruptcy in federal court.

• CUNA Mutual Gets Green Light for New Corporate Structure

  By Michelle A. Samaad  |  October 17, 2011

  A plan from CUNA Mutual Group for a new mutual ownership structure recently received approval from the Iowa Insurance Commissioner.

• CUNA Mutual Restructuring Gets Final OK

  By Michelle A. Samaad  |  October 12, 2011

  Iowa regulator's approval opens door for new mutual insurance holding company structure to take effect Jan. 31.

• CUNA Mutual MHC A Go

  By Michelle A. Samaad  |  September 14, 2011

  At its Sept. 7 annual policyholders meeting Sept.7 CUNA Mutual Group said 93% of them approved a new mutual ownership structure for the company.