P&C Minute
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New & emerging risks
We're happy to present P&C Minute. Every month, the Corporate Property & Casualty Consultant team will briefly tell you about new and emerging risks, how to use your policy, and much more.
Risk resources to help you plan
January 2023When risk management is effective, typically nothing bad happens. But, it is very difficult to measure the value of nothing. In this month’s P&C Minute, learn how to keep ahead of the ever-changing risks, litigation trends, and compliance issues, all while looking for new and better ways to serve your members.
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In case you missed it
Here are a few resources to provide you with actionable insight and proven risk mitigation guidance to help you stay on top of emerging risks.
Resources:
- On-demand Risk Forum: Fraud & Scams presentation | recording
- Don’t fall victim. Fraud & Scams eBook
- Emerging Risks Outlook web series
- 2023 Risk Management Virtual Events schedule
RISK alerts:
- Implementing trusted contacts in the fight against fraud (11/22/2022)*
- CFPB ramps up attack on junk fees (11/22/2022)*
- ACH debit fraud climbing (11/29/2022)*
- Fraudsters use BEC to target lack of protection or loose controls (12/1/2022)*
- Fair lending slated to be a regulatory priority in 2023 (12/13/2022)*
- Remote online notarization grows (12/16/2022)*
Stolen mail leads to check fraud
November 2022
While cybercrime has garnered a lot of attention, a low-tech fraud trend has emerged in recent months — a surge in stolen mail that ultimately leads to check fraud losses for credit unions. In this month’s P&C Minute, learn how thieves alter or manufacture fraudulent checks and how your credit union may be able to pursue recourse to recover losses.
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Learn more about CUNA Mutual Group's panel counsel
September 2022
Successfully defending and litigating complex claims for our insureds requires significant experience and background in commercial general liability, employment practices, and lender liability among others. In this month’s P&C Minute, learn why CUNA Mutual Group’s panel counsel is hand selected and among the most experienced insurance defense counsel in the credit union industry.
Insure to value
July 2022
Learn how supply chain disruption, including shortages and delays, are affecting CUNA Mutual Group Property & Business Liability policyholders. It is imperative to ensure each policyholder has adequate limits during this time to minimize the chance of uncovered losses.
Emerging risks outlook
May 2022
When risk management is effective, typically nothing bad happens. But, if you’re blindsided by a problem, your credit union's reputation could take the hit.
Ransomware in the cyber marketplace
March 2022
As ransomware attacks continue in both frequency and severity, credit unions are not defenseless. In this month’s P&C Minute, learn about the resources available and steps to mitigate the threat.