insurance losses

• Driven by Weather, Insured Losses in 2012 Hit $77 Billion Globally

  By Mark Ruquet  |  March 28, 2013

  Nine of 10 most expensive events were in the United States, including $35 billion from Sandy and largest drought claims ever.

• Improving CAMEL Scores Prompt Reduction of SIF Reserves: Onsite Coverage

  By Heather Anderson  |  October 18, 2012

  ALEXANDRIA, Va. — The NCUSIF was hit with $147.2 million in insurance losses during the third quarter, the NCUA Board learned at Thursday’s board meeting.

• Onsite Coverage: NCUA’s $2 Million Surplus Will Be Applied to 2013 Budget

  By Heather Anderson  |  July 24, 2012

  ALEXANDRIA, Va. — The NCUA Board Tuesday approves adjustment to 2012 operating budget that will apply $2 million in savings to 2013 spending.

• Parsing the Possible Harm Awaiting NCUSIF

  By Sarah Snell Cooke  |  August 17, 2011

  Every now and again it’s interesting to study the statistics of the credit union industry. Some we find merely satisfy an idle curiosity, while others can have far more serious implications.

• Parsing the Possible Harm Awaiting NCUSIF

  By Sarah Snell Cooke  |  August 12, 2011

  Every now and again it’s interesting to study the statistics of the credit union industry. Serious implications sometimes emerge.

• All Hands on Deck to Shore Up NCUSIF

  By Claude R. Marx  |  August 11, 2010

  Credit unions are bracing to dig even deeper into their pockets. An increase in CAMEL 3, 4 and 5 credit unions and more credit union closings are causing strains on the NCUSIF.The fund's equity ratio is 1.21% assuming all credit

• CUNA Predicts Six to 10 Basis Point Increase In NCUSIF Premium

  By Claude R. Marx  |  July 2, 2010

  When the NCUA announces the NCUSIF assessment to cover losses at natural person credit unions in September, it will probably be between six and 10 basis points of insured shares, according to CUNA Chief Economist Bill Hampel.