Tag: naic
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.
The Missouri Department of Commerce & Industry sent a survey to see if insurers are offering coverages nonprofits need. Too little, too late.
Insurance Trade Association Using Clout to Hurt Nonprofits
Determined to maintain control over a market they don’t even want, NAMIC is working with regulators to kneecap nonprofits.
Insurance Regulators Unaware of Insurance Market Failure for Nonprofits
Congress can solve nonprofits insurance access issues now. Make sure your nonprofit never faces the stress of searching for insurance again.