liability insurance

• Boston Insurance Firm Looks to Tap More Into CU Industry

  By Michelle A. Samaad  |  May 14, 2013

  Risk Strategies Co. hires executive team, leader for its Credit Union Health Benefits operation.

• Atlantic Financial Adds ACI as SEG

  By Marc Rapport  |  October 3, 2012

  Approximately 2,800 potential new members for Maryland credit union from American Career Institute's eight locations.

• Corporate Prepayment Plan Unveiled by NCUA Board

  By Claude R. Marx  |  May 23, 2011

  ALEXANDRIA, Va. — Credit unions could prepay between $10,000 and 36 basis points of insured shares toward their assessments to pay the costs of the rescue of corporate credit unions under a proposal announced at the May 19 NCUA board meeting.

• On-Site Coverage: NCUA Approves Golden Parachute Ban for Executives at Troubled CUs and Ad Rule Changes

  By Claude R. Marx  |  May 19, 2011

  ALEXANDRIA, Va. — The NCUA ruled Thursday that federally insured credit unions that are insolvent, in conservatorship or have ratings of CAMEL 4 and 5 are prohibited from offering golden parachutes to executives.

• NCUA General Counsel Defends Agency Rules on Director Duties

  By Claude R. Marx  |  April 5, 2011

  The NCUA’s rules regarding director responsibilities won’t increase the likelihood of litigation and won’t create a conflict between the interests of the credit union and individual members, NCUA General Counsel Robert Fenner said in an opinion letter.

• Brooklyn Businesses Reiterate Urgent Need for Credit and Loan Access

  By Michelle A. Samaad  |  March 10, 2010

  Samira Rajan is being realistic about the possible shift in small business activity likely to occur when the economy returns to a robust and healthy state.

• A Director's Duty Is to Act Prudently

  March 3, 2010

  The notion that volunteer directors generally underperform has no more credibility than the idea that financial rewards for individual directors is the driving force and significant difference between healthy corporations and failed corporations.

• Brooklyn Businesses Yearn for Insurance, Credit Access

  By Michelle A. Samaad  |  March 1, 2010

  Credit unions based in the Brooklyn borough may be able to form more relationships with small businesses who say the cost of insurance is among the top reasons hampering their growth.