SACRAMENTO, Calif. – The California Credit Union League and business partner Arthur J. Gallagher & Co. are offering a workers compensation alternative for West Coast credit unions. Insurance for qualified credit unions in California, Hawaii and Nevada is now available through C-U First, Ltd., a credit union operated licensed mutual insurance company domiciled in Washington, D.C., and administered by Itasca, Illinois-based Gallagher Captive Services, Inc. According to the CCUL, with workers compensation insurance premiums soaring up to 80%, C-U First, Ltd. allows credit unions to take themselves out of the conventional workers compensation insurance marketplace. Premiums will be based on their own experience, rather than on the aggregate experience of numerous companies from a variety of industries. “California has gone through horrific workers compensation insurance rate increases in the last couple of years,” said Kevin Brady, CIC, division senior vice president, Gallagher Captive Services, Inc. “The conventional insurance marketplace all but vacated the state, creating an availability problem, and to another extent a pricing problem.” The league also said there are tentative proposals to expand coverage through C-U First, Ltd. to credit unions in other states.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.