BOSTON -The former Commercial Union & General Accident will now be known as OneBeacon Insurance Group. Company officials say the name change will more accurately reflect its mission to provide service for personal, commercial, and specialty insurance. Bought by White Mountains Insurance Group, OneBeacon is the 17th largest property/casualty company...
PORTSMOUTH, N.H. -Cogentric, an e-solutions provider, has released a new product to study electronic-business sites for companies searching for cyber insurance policies. According to Cogentric, cyber insurance, though an estimated $14 billion emerging market, lacks the loss history and research data of other types of traditional insurance policies. Cogentric's product...
PASADENA, Calif. - Lucky members of the $1.8 billion Wescom CU may find their CU picking up the tab for some of their bills. Through June 30 the credit union is randomly selecting one bill a day of up to $1,000 that a member has scheduled to pay online using...
San Antonio Federal Credit Union, has promoted the following employees: Debra Frick, assistant vice president of real estate lending; Lesa Jay, assistant vice president of indirect lending; Brad Jones, assistant vice president of information technology; Steven Lindsey, assistant vice president of financial services; Richard Parr, assistant vice president of indirect...
Without question, one of the most significant congressional actions affecting America's credit unions was the 1% capitalization plan enacted by Congress back in July 1984 which helped make the National Credit Union Share Insurance Fund (NCUSIF) one of the strongest federal deposit insurance funds in America today. Like its counterpart...
OVERLAND PARK, Kansas - Access to another liquidity source and to cheap long-term funding is enticing a number of corporate CUs to look at joining one of the 12 Federal Home Loan Banks. U.S. Central CU, Overland Park, Kansas, has joined the Federal Home Loan Bank of Topeka, and other...
SACRAMENTO, Calif. - InsWeb has been named the best Internet insurance marketplace in Gomez Advisors' winter 2000 rankings. A few of InsWeb's features singled out by the Internet research and consulting firm included an easy-to-use platform for requesting instant online quotes, educational content, and calculators and tools for estimating appropriate...
Credit union representatives from 30 countries gathered in Killarney, Ireland June 1-4 for the World Council of Credit Unions' 2001 International Conference and Annual Meeting. For those credit unions that were unable to send representatives, here are some moments at the conference and Killarney that were captured by Credit Union...
WASHINGTON - While Washington watchdogs continue to debate whether the $1.35 trillion tax cut will ultimately help or hurt the economy and whether the cuts are too beneficial for higher-income Americans, credit unions can start gearing up for the silver lining of the bill - retirement plan enhancements. Tax rebate...
* Founded in 2001 by Craig Lassen and John Silvia, former Cavion execs, * Offers IT security, specializing in intrusion detection, firewalls, and secure form servers, * Seven employees, * 15 CU clients representing $1 billion in assets, * "It's so funny really, there was no real intention for me...