Categories: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Riding Out the Hard Insurance Market
What Your Nonprofit Can Do to Survive and Thrive in Deteriorating Market Conditions Across the country nonprofit managers are expressing dismay and frustration about deteriorating insurance market conditions. Having enjoyed a long period of “soft” market conditions, where insurers were...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Risk eNews
The Weather Outside is Frightful
And shivering at work is not delightful. Here in Leesburg, VA, we are experiencing bone-deep cold weather and shocking gusts of wind. Though weather is part of our unpredictable, uncontrollable context, we can resolve to be better prepared for cold...
Topics: HR Risk and Employment Practices, Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Protecting Your Nonprofit and the Board
New Book on Nonprofit D&O Insurance Suggests Multi-Faceted Strategy The Nonprofit Risk Management Center offers a comprehensive text on insurance for nonprofits, Coverage, Claims and Consequences, that includes a chapter addressing Directors and Officer’s Liability Insurance. The chapter is available for...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Professional Liability and Governance Exposures: A Closer Look
Of the myriad of exposures encountered by nonprofit organizations, two are frequently unappreciated and confused: exposures resulting from the consequences of corporate governance and exposures resulting from errors and omissions associated with the delivery of professional and paraprofessional services. The...
Topics: Governance, Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Four Quick Tips to Understand Commercial Insurance Policies
1. Take Advantage of Electronic Formats — Many insurance companies now issue policies in an electronic format with headings that can be clicked on to zero in on a particular policy section or particular endorsement. This makes it much easier to...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Love Those Deductibles!
Love? Shouldn’t it be “Hate Those Deductibles?” — those devilish clauses in many property and liability insurance policies that make us as insureds pay the first part of almost every loss? Isn’t it because of deductibles that insurance never seems...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Do You Need a New Broker? Here’s Your Sign!
This article first appeared in riskVue, the Webzine for risk management professionals, and is reprinted with permission. In 1997 Comedian Bill Engvall released the best-selling comedy album of the year, a work that introduced millions of Americans to the comedian’s favorite...
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
The Kids Are All Right
The beginning of the school year offers a reminder to children and teens that learning isn’t always easy, that hard work generally pays off, and that rules and limits often exist to keep us safe. The same can be said...
Topics: Insurance and Risk Financing, Youth Protection and Child Safety
December 2, 2016
Resource Type: Articles
“Everything’s Fine? We’ve Got Insurance!”
Have you heard these jubilant words from your staff or board lately? Even worse, do you comfort yourself with this thought whenever some accident strikes your nonprofit? If so, then everything definitely is not fine within your risk management program....
Topics: Insurance and Risk Financing
December 2, 2016
Resource Type: Articles
Myths of Volunteer Risk Management, Part 2
This is the second of a series on common myths associated with the risks of using volunteers in nonprofit organizations. We’ll look at each myth for its impact on liability assessment, the purchase of insurance, and risk management planning. Myth...
Topics: Insurance and Risk Financing, Volunteer Risk Management