The PMI Group is a holding company whose primary subsidiary is the PMI Mortgage Insurance Co. (PMI). The company was founded in 1972 by Preston Martin and is headquartered in Walnut Creek, California .
12-582: PMI has a 50% equity ownership in CMG Mortgage Insurance Company, founded in 1994 as a JV with C UNA M utual G roup , and CMG Mortgage Assurance Company (collectively CMG MI), a provider of p rivate m ortgage i nsurance to the credit union industry. In October 2011, Arizona insurance regulators seized PMI's main subsidiary and reduced claim payouts to 50% of the claim made with the balance of each claim being deferred. Shortly afterward, PMI filed for bankruptcy. This article about
24-808: A financial services corporation of the United States is a stub . You can help Misplaced Pages by expanding it . CUNA Mutual Group TruStage Financial Group, Inc. , formerly known as CUNA Mutual Group, / ˈ k juː n ə / is a mutual insurance company that provides financial services to cooperatives , credit unions , their members, and other customers worldwide. TruStage Financial Group sells commercial and consumer insurance and protection products. TruStage Financial Group provides retirement plan services to small businesses and credit union employees. The Madison, Wisconsin -based company also provides auto, home, life and loan protection products to credit union members through its TruStage brand. The "CUNA" in
36-605: A quarter of the union as early as the 1970s but in 2003 the OPEIU chose not to appoint a Canadian to the position of Secretary-Treasurer, the second-highest union rank. In March 2004, OPEIU President Michael Goodwin concluded that the American locals of the union had subsidized the Canadian locals by approximately $ 10 million. Goodwin proposed raising the per capita dues of Canadian OPEIU members by $ 2.00 per member per month, which, accounting for
48-479: A successor labor agreement to replace the previous agreement that expired March 31, 2022. Talks broke down in January 2023, with the union alleging the company was no longer engaging in good faith bargaining over union member priorities including fair compensation, pay equity, job security assurances against outsourcing, remote work protections, retirement security, and affordable health care. In February and March 2023,
60-656: Is a trade union in the United States and Canada representing approximately 88,000 white-collar working people in the public and private sectors . It has members in all 50 US states , the District of Columbia , and Puerto Rico , as well as in one local in Canada. Clerical unions began forming in the early 1900s. By 1920, the American Federation of Labor (AFL) had issued charters to more than 50 clerical unions. In 1942,
72-687: Is the brand name of a group of insurance products provided by TruStage Financial Group. TruStage is the insurance arm of TruStage Financial Group, which is rated "A" (Excellent; 3rd highest out of 16 possible ratings) by credit rating agency A.M. Best as of February 2017. TruStage Financial Group first registered the TruStage brand trademark in 2010, and it was first used commercially in 2013. The TruStage brand first sold insurance products commercially in 2013. It exceeded $ 1 billion in consumer coverage in 2017, and exceeded $ 6 billion in 2018. TruStage also offers community service awards to students, such as
84-550: The Community Spark Award. TruStage offers a range of insurance products, including whole and term life insurance , accidental death and dismemberment insurance , auto insurance , and property insurance . All products have various coverage amounts and age requirements. TruStage life insurance products include: Additional TruStage insurance products include: Since February 2022, TruStage Financial Group and 450 employee members of OPEIU #39 have been negotiating
96-515: The United States. There are 1,900 employees working in Madison, Wisconsin, the company's world headquarters. The company's international locations include the Dominican Republic , Jamaica , Puerto Rico , and Trinidad and Tobago . TruStage Financial Group sells a variety of insurance and investment products designed for credit unions and their members, including the following: TruStage
108-961: The company's name originally stood for " Credit Union National Association ". TruStage Financial Group is the marketing name for CMFG Life Insurance Company, its subsidiaries, and affiliates. TruStage Financial Group was founded in 1935 as the CUNA Mutual Insurance Society. Its purpose was to offer financial protection to Americans during the credit union movement. After World War II , TruStage Financial Group grew rapidly and expanded many of its services. TruStage Financial Group began selling insurance products in 1983. It now serves over 30 million consumers across its lending, retirement, and wealth management products. TruStage Financial Group employs nearly 3,700 people in offices in Waverly, Iowa ; Great Bend, Kansas ; Fort Worth, Texas ; and Madison, Wisconsin ; as well as field employees located throughout
120-751: The locals banded together to form the International Council of Office Employee Unions . In 1945, this union received a charter from the AFL as the Office Employees International Union . In 1992, the union absorbed the Leather Workers' International Union of America . In 2010, the Association of Minor League Umpires, the national labor union that represents Minor League Baseball umpires voted to join OPEIU. Canadian members made up nearly
132-657: The union filed unfair labor practice (ULP) charges with the National Labor Relations Board (NLRB) against the company asserting refusal to bargain, bad faith bargaining, refusal to furnish information, subcontracting unit work, retaliation against workers for union activity, all of which are prohibited by federal law. All of the ULPs filed during that time were later determined to be without merit and either dismissed or withdrawn, according to NLRB case data. On April 19, 2023, 87% of union members voted on whether to allow
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#1732870085438144-535: The union's bargaining committee to authorize a strike within 30 days if no labor agreement is reached. The measure was approved with 92% member support. Workers ratified a new contract in December 2023 that runs through March 2028 and includes pay raises of 15.5% retroactive to 2022 and a 13.25% pay raise over the four year contract period. Office and Professional Employees International Union The Office and Professional Employees International Union ( OPEIU )
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