1989 7.1LomaPrietaearthquakehitsSanta
Cruz,CaliforniaonOctober17th.
NIACwrites firstpolicyonNovember1.
1991 Autophysical damage, directorsand
officersandumbrellacoveragesare
introduced.
Audiovisual lending library is launched.
1993 Firstbill is introduced inCongress to
enable taxexemption for charitable
riskpools.
1994 ReinsurancearrangementwithSwissRe
isestablished.
Companionpropertyprogram isdevel-
oped formembers.
1996 CongressaddsSection501(n) to the tax
codeenablingNIAC tobea501(c)(3).
Free labor andemployment consultation
service is introduced.
StateofCaliforniaaddsSection23701z
to theTaxCode, enabling state tax-
exemption forNIAC.
1997
NIACbecomesfederallytax-exemptunder
section501(c)(3) in Januaryof1997.
Freedriver training is introduced.
NIAC is featured inPBSseries
Visionaries
,
whichairsonPBSstationsnationwide.
1998 $150,000grant is received fromPackard
Foundation todevelopbusinessplan
toexpand theNIACmodel outside
California.
Handlingof claims ismoved in-house
—substantial savings!
1999 Nonprofits’OWNenhancedpolicy form
is introduced.
$5milliongrant is received from theBill
&MelindaGatesFoundation for capital
forANI.
2000
NIACpurchasesand renovatesanew
headquartersbuilding indowntown
SantaCruz.
$5milliongrant is received from the
David&LucilePackardFoundation for
capital forANI.
PamelaDavis, Founder, President and
CEO, isnamedoneof the100Leading
Women in the Insurance Industryby
Business Insurance.
2001 TheNonprofits InsuranceAlliance
Group startsoperation:AllianceMem-
berServices (AMS),NationalAllianceof
Nonprofits for Insurance (NANI), and
AllianceofNonprofits for Insurance,
RiskRetentionGroup (ANI) joinNon-
profits’ InsuranceAllianceofCalifornia
(NIAC) to form theGroup.All compa-
niesare501(c)(3)nonprofits.
ANIbeginsofferingcoverage inColorado,
Delaware,DistrictofColumbia,Mary-
land,NevadaandVirginia.
NorthAmericanElite (NAE)property
program is introduced.
A.M. BestWeighs in!
NIAC receivesA- (Excellent)A.M. Best
rating,ANI andNANI receiveB++ (Very
Good)A.M. Best rating.
2002 NIACBoardapproves$1million in
returnedpremium toNIACmembers.
ANI expands intoConnecticut,Michi-
gan,NorthCarolinaandPennsylvania.
PamelaDavis is listed in
NonprofitTimes
Power and Influence50.
14
Awalkdownmemory lane
