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Read a hypothetical example of how a church could jeopardize its 501(c)(3) status. Learn why cool heads and sound judgment must prevail in decision-making. Election years come and go, but when is the last time one started at a simmering boil?? Simmering boil is an oxymoron, but American politics are saturated in one now. Eventually,…
Read MoreWhere is Your Check & Balance?
Jim’s shop is a thriving retail business that almost wasn’t thriving any longer. Jim received a call from his bank that his business checking account was overdrawn and they were transferring money from his savings account to cover a $4,300.00 overdraft. Jim never overdraws his account! He may not check balances regularly but he always…
Read MoreHappy New Year!
As the owner of a business, this is a great time to look ahead and make some New Year’s Resolutions as well as review and update your records. Below are some items to consider at the start of 2020. Review your insurance coverage. New coverage regarding cyber-security and workplace violence has become necessary coverage for…
Read MorePreparing for Catastrophe
If you did not hear about the terrible shooting at the West Freeway Church of Christ in White Settlement, Texas, 2 parishioners were shot to their death during Sunday morning’s service. The church’s volunteer security team then fatally shot the gunman within six seconds, preventing additional casualties. All of us here at Richey-Barrett Insurance offer…
Read MoreCelebrating the New Decade with Richey-Barrett!
Our offices will be closed Wednesday, January 1st, 2020. Between inventions of self-driving cars and the rise of Google, the decade is coming to a close with a slew of innovations, new technologies, and plenty of concerns for your safety and insurance needs. Ten years ago, who would have predicted we would be concerned about…
Read MoreGifts to your Church…Is it just the Thought that Counts?
Ben and Pen are long-time, members of ABC Church (All ‘Bout Church), a hypothetical church located on the outskirts of a large town with just over 100 members. Ben and Pen have decided to donate to ABC Church two acres of land they own near the center of town. ABC is excited and accepts the…
Read MoreA Different Kind of Floater
How many times have you driven by a worksite and seen a load of lumber left by a carpenter for a new deck, or several bundles of shingles laying there for a new roof, or even a furnace or air conditioning unit waiting to be installed by an HVAC contractor at a later date? How…
Read More5 Snow Removal Contract Requirements
Winter weather is coming and now is the time to start thinking about who you might hire as your snow removal contractor for your apartment complex. It’s no secret winter weather creates more opportunity for liability claims, especially slips and falls. If you own or manage an apartment building, contracting with a reputable snow removal…
Read MoreThe Inspector is Coming! The Inspector is Coming!
I received a frantic call last Friday from a longtime client that the insurance inspector was coming. No, he did not tell me one if by land and two if by the sea like in Longfellow’s poem but he was concerned, to say the least. The Insured owns about 100 apartment units in 5 buildings…
Read More‘Tis the Season … for Your Church to “Check Off” a Safety/Security List
The holiday season, particularly the week of Christmas, is always a time of packing the pews. While more visitors and out-of-town guests provide extra fellowship and church life activity, the spike in auto and foot traffic may bring in added risk. Church pastors, administrators, and members alike should be mindful and vigilant to safeguard people…
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