Nonprofits Insurance Alliance
“Despite a growing number of lawsuits challenging insurers’ decisions, the pandemic is currently considered an exclusion under a policy’s virus or communicable disease exclusion language.”
As the COVID-19 pandemic spread and took root in an unprepared world, many organizations were finding out that their insurance policies would not cover the one event that had brought global business to a standstill — communicable diseases.
Assessing Options for Managing the Risks and Insuring Communicable Diseases at Insurance Journal
Paucity of insurance for U.S. nonprofits concerning as regulatory, legal limitations persist
U.S. nonprofits are struggling to obtain affordable risk coverage due to limited options available in the market. Mainstream carriers aren't wanting to underwrite the risk, and legal limitations are hindering other nonprofit insurance groups from entering the market.
Hochul Signs Bill Allowing Out-of-State RRGs to Cover NY Nonprofits
New York Gov. Kathy Hochul recently signed legislation which will allow out-of-state risk retention groups (RRGs) to write auto insurance coverage to NY nonprofits.
Nonprofit Insurance & Conscious Leadership with Pamela Davis at NIA
In this interview, Pamela Davis discusses consious leadership on The Nonprofit Lab podcast.