Nonprofits Insurance Alliance
Small to midsize nonprofit organizations have gone from a bad situation to worse as the COVID-19 pandemic has combined with the already-rising cost of property and casualty insurance.
Even before the outbreak of COVID-19, the rising cost of property and casualty insurance in the U.S. had the potential for far-reaching economic consequences.
Now, as we cope with a national health emergency, one sector on the frontlines is facing severe impact: 501(c)(3) nonprofits — especially small to midsize organizations.
Congress Must Help In Community Nonprofit Insurance Crisis at Law360
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.