Latest Church Headlines
All the headlines from our Church Topic Page, ordered by recency.
Insurers Seek Delay in Pa. Church Abuse Trial
Sep 29 2004 // Insurance companies being sued by the Altoona-Johnstown Catholic Diocese are seeking a delay in the trial until the state Supreme Court rules whether the diocese must pay $1 million in punitive damages for not properly...
BOSTON DIOCESE FACES MORE CLAIMS:
Sep 20 2004 // The Archdiocese of Boston has received at least 140 new reports of sexual abuse by priests, but said it will not negotiate the claims until it resolves disputes with its insurers over payment of last year’s $85...
Toledo Catholic Diocese will Pay $1.19M to Alleged Abuse Victims
Aug 24 2004 // The Roman Catholic Diocese of Toledo said it will pay $1.19 million to settle lawsuits filed by 23 people who said they were sexually abused by priests. The diocese is paying the settlements with money from an insurance...
Monument LLC, Forms Cornerstone Comp to Serve Faith-based Schools
Aug 17 2004 // Monument LLC, a California-based design, implementation and management firm of self-insured workers’ compensation groups, announced that it has formed Cornerstone Comp Inc., a new, self-funded California-based...
Neighbors, Volunteers and Faith Groups Spring into Action as Charley Bears Down on Southeast
Aug 13 2004 // by Susan Kim By Friday morning, two million residents and visitors had evacuated Florida as Hurricane Charley edged its 110-mph winds closer to the state’s west coast. The storm could send parts of Tampa and its...
Ala. DOI Files Complaint Against Goff Group
Jul 30 2004 // The Alabama Department of Insurance has filed an administrative complaint against a well-known Montgomery-based insurance company and its president, accusing the Goff Group and John W. Goff of wrongdoing involving...
Md. Agent Charged in Fraud Case
Jul 27 2004 // Maryland Attorney General Joseph Curran, Jr., announced the filing of criminal insurance fraud charges against Dorothy Faye Mortimer, 61, of Waldorf, Maryland. In a forty-four (44) count criminal indictment filed in the...
Miss. Insurance Official Traces Frankel Insurance Scam From Conn. to Vatican Bank
Jul 19 2004 // The torching of financier Martin Frankel’s $3 million mansion in Greenwich, Conn., was meant to destroy evidence of an insurance scam that cost Mississippi and other states millions, police said. But not everything...
INSURER SUES BOSTON CHURCH:
May 17 2004 // Lumbermens Mutual Casualty Co., accused by the Archdiocese of Boston of failing to cover payments to priest abuse victims, has filed a counter suit, claiming it should not have to cover damages from crimes. The Kemper...
NEW JERSEY EYES CHARITABLE IMMUNITY:
Mar 22 2004 // Sex abuse victims in New Jersey would be able to seek damages from churches and other nonprofit organizations under terms of a bill approved by a state Senate committee. The Senate Judiciary Committee also added an...
Boston Archdiocese Sues Insurer
Mar 8 2004 // The Archdiocese of Boston is suing one of its insurers, accusing the company of fraud and breach of contract for failing to cover settlement payments to victims of clergy abuse. Last September, after the archdiocese agreed...
Moody’s Affirms Winterthur Insurance Ratings
Jun 16 2003 // Moody’s Investors Service has affirmed its A1 insurance financial strength and A2 senior debt ratings on the Winterthur Insurance Group (A1 insurance financial strength at Winterthur Swiss Insurance Company, A2 debt...
Royal Bank of Scotland Buys Churchill from CSG’s Winterthur
Jun 12 2003 // The Royal Bank of Scotland (RBS) and Winterthur, the insurance arm of the Credit Suisse Group (CSG), have concluded a deal for RBS to acquire Churchill Insurance, CSG’s principle U.K. general insurance division, for...
Mo. DOI to Counsel Storm Victims in 7 Towns
Jun 9 2003 // Missouri Department of Insurance Director Scott B. Lakin said consumer service representatives will counsel victims of the state’s May tornados in seven communities later this month. The counselors will visit...
Report Credit Suisse to Sell Churchill
Mar 17 2003 // Credit Suisse is reportedly planning to put its U.K. subsidiary, P/C insurer Churchill Insurance, up for sale. The company is Britain’s fifth largest non-life insurer, and posted a pre-tax profit of £83 million...
SIO Inducts New Members into the Tiger Trust
Jun 5 2002 // The Surety Information Office (SIO) inducted John D. Schramm, Michelle V. Orlando, Lawrence F. McMahon and Martin R. Brady, Jr. into the Tiger Trust, an honorary society of surety industry professionals who persuade...
Nonprofits Growing Fast But Still a Tough Class
Nov 26 2001 // Nonprofit organizations are among the fastest growing sectors of the U.S. economy and while many companies try to steer away from writing policies for nonprofits, there are a few that thrive on the business. Those who do...
IIAA Announces 2002 National Executive Committee
Nov 2 2001 // The Independent Insurance Agents of America (IIAA) confirmed Thomas B. Ahart, as president; installed W. Cloyce Anders and Louise “Bebe” Canter to key executive leadership positions and added Alex Soto, ARM,...
Nonprofits Growing Fast, But Still a Tough Classto Cover
Sep 17 2001 // Nonprofit organizations are among the fastest growing sectors of the U.S. economy and while many companies try to steer away from writing policies for nonprofits, there are a few that thrive on the business. Those who do...
GuideOne Insurance Sells Tulsa Operations to Home State
Jun 18 2001 // GuideOne Insurance announce that the company signed a definitive agreement, effective Aug. 1, 2001, to sell GuideOne Casualty Insurance Company, the organization’s Tulsa, Okla., operation, to the Home State Insurance...