Category: Insurance Issues for Nonprofits
5 Reasons the Nonprofit You’ve Started Needs Insurance
The best way to understand why insurance is important to nonprofits is to understand to consequences of not having it.
Specialty Carrier Exiting Nonprofit Insurance Marketplace?
The appetite of some for-profit commercial carriers change from time to time for financial reasons. The bottom line can be tough to manage.
The Changing Environment of Sexual Abuse and Liability Insurance
Increased statutes of limitations, the #MeToo movement, and social inflation of jury awards affect the availability and cost of insurance.
How Does the Liability Flow? A Discussion of Contractual Liability
You need to make sure you’re not being forced to cover someone else’s liability because of onerous contract language.
4 Tips for a More Rewarding Nonprofit/Broker Relationship
Here are some key considerations to ensure you are getting the best coverage for your nonprofit at the best price.
Liquor Liability 101: How to Serve Alcohol at Your Nonprofit Events
Whether your nonprofit is serving alcohol to staff and guests, or selling it in order to raise money, here are some questions to consider.
Nonprofit Overhead – What’s All the Fuss About?
In the nonprofit sector, overhead refers to the amount spent annually on management and general expenses, and fundraising expenses.
300 nonprofits were surveyed on how they hold raffles and their views on raffle policy. Here's the results.
What Makes a Nonprofit Look Unattractive to an Insurance Company?
How to put your best foot forward as a nonprofit to an insurance carrier that is already inclined to offer insurance to a nonprofit.
Nonprofit Insurance Explained: The Difference Between an Insurance Carrier and an Insurance Broker
An explanation of both a broker and a carrier, as well as the relationship between the two in regards to your nonprofit’s insurance coverage.
Indemnification Agreements with Third Party Vendors or Nonprofit Program Funders
Many nonprofits contract with third party vendors to provide services essential to their operation as a business. These services run the gamut and typically include services such as janitorial, technological systems, building contractors, and transportation providers or something occasional like a bounce house provider for your fundraiser. A key to evaluating the risks of your nonprofit’s […]