Nonprofits Insurance Alliance
Insurance for nonprofits is under pressure from both hardening market conditions and the impact of the COVID-19 pandemic.
Hard market conditions that intensified through 2019, setting the tone early for a difficult 2020 in the nonprofit insurance sector — before the pandemic even struck. Commercial carriers began narrowing their appetite, increasing rates and, in some cases, completely exiting the market.
Insurance Business America examines what brokers can do to provide relief.
Easing the Pain for Nonprofits 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.