News

SAN DIEGO - For North Island Financial CU, the decision to sign up for Deluxe Corp.'s full program of DeluxeSelectT came down to one thing: a way to increase the CU's penetration rate among its more than 183,000 members of NIFCU's share draft services and boost members' use of their...

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Former CUNA Mutual Group President/CEO Bob Curry and former Navy FCU President/CEO Tom Hughes have retired from the industry, but certainly aren't sitting around and watching the grass grow. Find out what they're up to.

KANSAS CITY, Mo. - With a goal of helping insurers better compete in the marketplace, the National Association of Insurance Commissioners is working on an Interstate Compact Working Group. Still in the draft stage the working group provides uniform standards and a single point of filing for annuity and life...

ST. PAUL, Minn. -Minnesota Life Insurance Company, an affiliate of Securian Financial Network, has launched a major wholesaling initiative to expand annuity distribution and sales. "Annuities are a scale and risk management business," said Kerry Geurkink, director, Annuity Marketing. "Minnesota Life very much understands the risk management side. We currently...

CHICAGO -Fitch Ratings has affirmed CMG Mortgage Insurance Company's `AA' insurer financial strength rating. As part of its review process, Fitch stress tested CMG's insured mortgage portfolio to estimate the impact a severe economic downturn and the resulting mortgage loan defaults could have on the company's capital position. The results...