St. Theodore Guerin Council 14057 St. Alexander Parish   •    Palos Heights, Illinois   •    (708) 448-4861 Ext. 400
	Field Agent's Report The Financial Beacon - Summer 2010 The Financial Beacon - Spring 2010 The Financial Beacon - Winter 2010 The Financial Beacon - Fall 2009 The Financial Beacon - Summer 2009 The Financial Beacon - Spring 2009 The Financial Beacon - Winter 2009 The Financial Beacon - Fall 2008 Knights of Columbus Insurance Receives Highest Ratings Two top rating firms have reaffirmed giving their highest ratings for the Knights of Columbus insurance program. Both A.M. Best and Standard & Poor's concluded that the 127-year-old Catholic fraternal order's financial strength and stability remains strong despite a slumping economy. This marks the 34th consecutive year in which the Knights of Columbus has earned A.M. Best's A++ (Superior) rating, and the 17th successive year the Order has earned the AAA (Extremely Strong) rating from S&P. Supreme Knight Carl A. Anderson declared that renewal of the Order's top ratings is especially significant in the current economic environment. "Our history of careful management and our conservative investment practices made all the difference when the severe downturn of 2008 and into 2009 punished virtually every financial services company. The wisdom of that approach is now affirmed by the decision by A.M Best and Standard & Poor's to reaffirm their highest ratings for us. Our mission, to provide financial security for our members and their families with top-quality insurance products, remains our number one priority." Over the past decade, the amount of Knights of Columbus insurance in force has more than doubled, to $74 billion. The Knights of Columbus is also certified by the Insurance Marketplace Standards Association (IMSA) for ethical and honest business practices. It is one of only three U.S. insurers with both IMSA certification and top ratings from S&P and A.M. Best. Additionally, the Knights of Columbus has donated more than $1.325 billion to charity, and provided nearly 626 million hours of volunteer service in support of charitable initiatives worldwide. To learn more or for help with your existing Knights of Columbus insurance, contact: D. Todd Minard, PGK, FICF Phone (708) 955-2362 toddwithkofc@gmail.com or todd.minard@kofc.org Membership not required to call.
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