Insurance claims coverage in danger following Minnesota Archdiocese charges

St Mary's Catholic Church Minnesota insurance claims companies

Lawyers are cautioning that the criminal charges laid against the corporation could endanger coverage. Attorneys for the Archdiocese of St. Paul and Minneapolis have cautioned that the criminal charges that have been laid against the corporation could potentially place coverage insurance claims in danger. This could cause the archdiocese to have to come up with the money to pay some of the victims of clergy abuse. At the moment, the archdiocese is facing a number of different counts of alleged failure to provide protection to victims of a former priest…

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State Farm pulls out of church market in Florida, as well as others

State Farm has announced that it will no longer be offering insurance coverage to churches in Florida. The company’s exit from the market leaves hundreds of churches throughout the state looking for new insurance companies. The move is part of the company’s desire to focus more on the property market in the state, a plan that sees the insurer pulling out of other markets in the coming years. The insurer has not released estimates of how many churches will be affected by the decision, but has said that at least…

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