CUNA Mutual Group is expanding its digital capabilities by acquiring CuneXus, an online and mobile lending platform. CUNA Mutual Group became an early-stage investor in CuneXus through its venture capital entity, CMFG Ventures, in 2017. Terms of the transaction were …
Renter SafetyNet, the newest insurance program to spin out of CUNA Mutual Group’s innovation lab, has launched in Wisconsin. Renter SafetyNet gives landlords a lump-sum payment to cover a tenant’s rent after a layoff, illness or injury. For as little …
CUNA Mutual Group, headquartered in Madison, Wis., has hired David (Dave) G. Brown as its new chief investment officer. He will replace David Marks, who retires at the end of the year after 10 years at CUNA Mutual Group. Brown …
HCC Insurance Holdings Inc. said has agreed to acquire Producers Ag Insurance Group Inc. (ProAg) from CUNA Mutual Group in an all-cash purchase of ProAg’s capital stock for $110 million. The transaction, which is subject to regulatory approvals, is expected …
Arch Capital Group Ltd., through its U.S.-based subsidiaries (Arch U.S. MI), will acquire all outstanding equity interests in San Francisco, Calif.-based CMG Mortgage Insurance Co. from bankrupt Arizona-based PMI Mortgage Insurance Co. and CUNA Mutual Group, it was announced on …
