CUNA Mutual Insurance Society News

Black Hills Federal Credit Union in South Dakota and a Wisconsin-based insurance company have agreed to pay $3 million to settle a class-action lawsuit claiming they improperly raised insurance premiums on thousands of loans. A judge is expected to consider …

A lawsuit alleging a Rapid City credit union and an insurance company improperly raised the rates for insurance that makes loan payments if borrowers become disabled should be handled as a class action, a lawyer for those borrowers told the …