U.S. religious centers are buying special insurance to protect them from the financial consequences of an armed intruder opening fire in their buildings. Many congregations have been reassessing coverage and buying separate “active assailant” policies as shootings at houses of worship, including churches, synagogues and mosques, become more common, religious leaders and insurance representatives said… Continue reading U.S. Religious Centers Buy More Insurance after Raft of Shootings
Tag: religious institutions insurance
Duluth Diocese Settles with Liberty Mutual to Pay for Church Abuse Claims
The Diocese of Duluth in Minnesota entered into an agreement this week that would end years of litigation over insurance coverage and provide more than $30 million to victims of child sexual abuse. Liberty Mutual Insurance Company agreed to pay $6.5 million under a settlement agreement filed this week in U.S. Bankruptcy Court. It is… Continue reading Duluth Diocese Settles with Liberty Mutual to Pay for Church Abuse Claims
Risk Management: Synagogues Across U.S. Step Up Security in Wake of Pittsburgh Shooting
Synagogues around the U.S. were tightening security procedures Sunday in the wake of the mass shooting in Pittsburgh, while police went door-to-door to some urging a lockdown. But what may be the worst attack on a Jewish community in U.S. history is only the latest assault on religious institutions in recent years. Houses of worship… Continue reading Risk Management: Synagogues Across U.S. Step Up Security in Wake of Pittsburgh Shooting
Church Mutual Now Live with CM Select, A New Online Insurer
Church Mutual Insurance Company has launched CM Select Insurance Company. CM Select is the first insurer to offer online access to a product created specifically for smaller churches and other religious organizations. These organizations can easily obtain quotes, purchase policies and manage their insurance needs online, simplifying the insurance-buying process. “As all sectors of business,… Continue reading Church Mutual Now Live with CM Select, A New Online Insurer