Nonprofits Insurance Alliance
Insurance Business America spoke to experts in the nonprofit insurance sector, including Nonprofits Insurance Alliance (NIA) CEO, President, and founder Pamela Davis, to find out how it’s recovering from the COVID-19 pandemic.
Nonprofits can be fragile organizations. Many have meager budgets to begin with, and after suffering fundraising losses in the midst of the COVID-19 pandemic, U.S. nonprofits are in a state of flux — some have had to cut back on programs, while others have experienced unexpected booms.
Bouncing Back at Insurance Business America
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.