Category: IN THE NEWS
Nonprofit Insurer Pays $3 Million In Dividends
Nonprofits Insurance Alliance (NIA) approved a $3 million dividend for policyholders, the 15th consecutive year that a dividend was declared. Dividends to nonprofit members have now eclipsed $50 million since 2007
Nonprofit Alliance Launches COVID-19, Communicable Disease Coverage
Insurance policies all have exclusions from coverage. Many nonprofit executives found out the hard way that, despite buying every available coverage, COVID-19 or other such events weren't covered.
Solving the Challenge of Finding Markets for Nonprofit Organizations
The cost of property and casualty insurance has been on the rise and it now can potentially bring far-reaching consequences for nonprofits. One nonprofit may have a solution.
Nonprofits Insurance Alliance Launches Communicable Disease Coverage
Beginning January 2021, Nonprofits Insurance Alliance members can purchase NONPROFITS OWN® Communicable Disease Liability Insurance.
Easing the Pain for Nonprofits
A difficult 2020 was predicted for the nonprofit insurance sector before the pandemic even struck. Insurance Business America examines what brokers can do to provide relief.
Few Places to Turn: Community Nonprofits Collide with Insurance Availability
Many classes of nonprofits are confronting an existential dilemma because of their insurability, which some argue is based on misconceptions.
How to Build an Insurance Company — or Any Business — with Community at the Center
Nonprofits Insurance Alliance President, Founder, and CEO Pamela Davis shares how she was able to create an insurer designed to serve the community and the entire nonprofit sector.
Why Risk Retention Groups are Critical for a Healthy Insurance Marketplace
Congress is considering legislation that would allow risk retention groups to insure more types of risks. Here's what lawmakers need to know.
With COVID-19 and a Hardening Market, Captives Respond to Challenges
As the current hardening of the insurance market continues, captive insurance companies stand to gain many new clients and opportunities that are being shut out of the traditional markets.
Why it’s Time for the Insurance Industry to Live Up to its Promise
During the COVID-19 pandemic, Alicja Grzadkowska says, it’s critical that the insurance industry remains committed to offering solutions for the nonprofit space.
Nonprofit Insurance Sector ‘In Crisis’
In what could be labeled as "the perfect storm," nonprofit organizations are battling against a hardening property and casualty insurance market, a restriction of appetite among insurers who have traditionally supported the sector, and now the COVID-19 pandemic.
Steven Salar named Chief Risk Officer at Nonprofits Insurance Alliance
Nonprofits Insurance Alliance (NIA) announced that Steven Salar has joined NIA as Chief Risk Officer (CRO) responsible for compliance, risk management, internal audit, employment risk consulting, loss control, and member support.