AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Church Mutual Insurance Company, S.I. The outlook assigned to these Credit Ratings (ratings) is negative. These ratings apply to …
AM Best said it has assigned and placed under review with negative implications a Long-Term Issue Credit Rating of bbb+ (Good) to the $40 million, 9.5% surplus notes due 2044 issued by Church Mutual Insurance Company, S.I. Additionally, AM Best …
The Rev. John Parks was taking his first sabbatical in 40 years of ministry when he got a call from his church’s accountant with some bad news. Church Mutual, the church’s insurance company, had dropped them. “This does not make …
The United States Fifth Circuit Court of Appeals earlier this month upheld a 2022 decision against Church Mutual Insurance Co. in favor of Sugartown United Pentecostal Church in Dry Creek, Louisiana, which sits about 50 miles northeast of Lake Charles. …
Church Mutual Insurance Co. has partnered with The Hartford Steam Boiler (HSB) Inspection and Insurance Company, part of Munich Re, to provide eligible customers temperature and water sensors connected to a 24/7 monitoring system. This technology is designed to alert …
Church Mutual Insurance Co., a provider of insurance to religious organizations and schools, announced that Michael E. Ravn, chief executive officer, will retire effective January 8, 2016 and will be succeeded as CEO by Richard V. Poirier, current president. Ravn, …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and downgraded the issuer credit ratings (ICR) to “a” from “a+” of Wisconsin-based Church Mutual Insurance Company. The outlook for both ratings is stable. The rating actions …
An insurance company specializing in policies for churches is asking a federal court to absolve it from paying a claim by the widow of a central Nebraska pastor who died of carbon monoxide poisoning in a house owned by the …
South Carolina law enforcement officers said they hope a new state law will cut down on thieves destroying air-conditioning units, farm equipment and other property to sell the copper inner parts for scrap. Most of the state’s 46 sheriffs are …
