A better question is: Why were churches blindsided by one of the most severe hard-market cycles in recent memory? It was this downturn that led to non-renewals and higher rates. Maybe the answer lies in churches’ DNA. Most churches don’t think of themselves as businesses or entities susceptible to market cycles. By and large, they […]
Read More >
Whether it’s employment practices, cyber liability, security, or financial protocols in a church, each risk must be viewed through a risk management prism — Reduce, Insure, Stop or Keep (R.I.S.K.) The same is true for child sexual abuse, the No. 1 risk churches face right now. REDUCING the risk Incidents of abuse in the Church […]
Read More >
In recent years, as headlines raise awareness on this important issue, churches are doing more than ever to protect the children in their care. Despite the best efforts to perform background checks and follow best practices to protect children and churches, insurance claims for sexual misconduct persist. Accordingly, the amounts and availability of insurance coverage […]
Read More >
Proper documentation is essential to the defense of future claims and in the insurance underwriting process. One of the challenges insurance carriers face is defending organizations in lawsuits involving alleged abuse. Sexual abuse and misconduct claims are unique in that the claim is most often brought years after the alleged activity. Given the extended […]
Read More >
Navigating new challenges related to abuse and insurance coverage By Gregory Love & Kimberlee Norris, Church Executive Guest Editors The limits and availability of insurance coverage for churches is growing more and more difficult to access as insurance underwriters become more disciplined, deductibles get higher, and premiums grow. Child sexual abuse coverage has become […]
Read More >
In 2024, America has witnessed 172 mass shootings resulting in 256 deaths and 625 injuries. This alarming statistic highlights an urgent need for improved safety measures in public spaces, including places of worship. A recent report from VOA News reveals that more than 17% of mass shootings are motivated by religious hate — nearly double […]
Read More >
By Rev. James R. Cook, CFP®, RICP® You might have heard retirement referred to as “the golden years.” Some people view retirement as a chapter in life when they can spend more time with family, on leisure travel, or starting a new hobby. Some retirees engage in activities they’ve always wanted to do but […]
Read More >
By RaeAnn Slaybaugh With decades of sustained growth, leaders at Faith Fellowship were looking to add space and connect their existing facilities. And they did — under budget. Since 1999, Faith Fellowship in Wirtz, Va., has enjoyed consistent growth. How church leaders accommodated the expanding church family took varying forms. Over decades, it became clear […]
Read More >
By Peter Mahler Over the last six to 12 months, churches across the United States have been noticing significant increases in their insurance premiums. Inevitably, leaders start to shop around for a more affordable policy — only to find that rising prices are everywhere. So, it’s a trend — not a specific company’s individual practices. […]
Read More >
By Cary Mayo Each individual church is unique because of its members and the surrounding community. As organizations, church staff and volunteers work tirelessly to maintain a healthy church that accomplishes their mission by serving their congregation, pouring into their communities, and reaching the world for the gospel. However, church attendance has declined throughout the […]
Read More >