The Church of the Brethren denomination has received a large insurance dividend of $174,984 from Brotherhood Mutual Insurance Company, through its Partnership Group Program. Brethren Mutual Aid is the sponsoring agency for the program, which rewards the claims experience of the congregations, camps, and districts that make up the group along with the denominational organization.
Brotherhood Mutual returns excess premiums not needed to pay losses, up to a certain level, as part of its Partnership Group Program. The company grants the dividend if the denominational group collectively enjoys a better-than-average claims experience.
The denomination’s Leadership Team--which includes the Annual Conference officers and the General Secretary--determined this year’s distribution. The bulk of this dividend will be shared directly with districts, said moderator Nancy Sollenberger Heishman in a report to the Mission and Ministry Board.
Each district will receive $2,000, with policy participating districts receiving an additional amount based on their percentage of total district premiums. The largest district distribution will amount to almost $16,000. In addition, 5 percent or $8,750 will go to the Brethren Mutual Aid Share Fund, and 5 percent or $8,750 will be given to the Compassion Fund of Ekklesiyar Yan’uwa a Nigeria (EYN--the Church of the Brethren in Nigeria) to aid to Nigerian Brethren who have been affected by violence.
Each time the Church of the Brethren receives such a dividend, part of the money is given to the Brethren Mutual Aid Share Fund, and $1,000 is given to the Finance Office to pay for administration of the funds.
Previous years in which the denomination has received a dividend are 2005 when $109,835 helped support a number of 300th anniversary events as well as a congregational membership study among other projects; 2006 when $128,290 supported the 300th anniversary Annual Conference and the Germantown Trust; and 2010 when $156,031 aided Brethren Disaster Ministries work in Haiti following the earthquake as well as debt reduction for Annual Conference. Moneys also have helped support the presence of Brethren Mutual Aid at Annual Conference.