Latest NonProfits Headlines
All the headlines from our NonProfits Topic Page, ordered by recency.
Insuring Nonprofits as Markets Harden
Nov 19 2001 // As recession looms and claims costs associated with the terrorist attacks on September 11 add up, insurance markets are beginning to harden for the first time in nearly a decade. Many major property and casualty carriers,...
Charity Begins at Home
Nov 19 2001 // As a nation we face a great many uncertainties, stemming not only from the recent terrorist attacks on New York and Washington and the anthrax-related deaths and illnesses, but also from the current economic picture—so...
D&O Liability: Executives Bear the Weight of Success or Failure
Nov 12 2001 // Directors and Officers liability, commonly known as D&O, is a complicated type of risk. While it covers corporate activities, a corporation is a legal person, as are the directors and officers...
Hardening Market Heralds Rush to Alternatives
Nov 12 2001 // During the last hard market, much of corporate America wasted little time in stepping up the search for risk transfer alternatives to traditional commercial insurance. The current hard market appears to be no different if...
IICF Honors Those ‘Bridging’ the Gap between Industry and Community
Nov 12 2001 // Of the many occasions the insurance industry has been called upon to come together as a whole, this past year was especially impressive for the way in which its members made contributions of both money and time to those in...
D&O Liability Insurance: A Complicated Risk
Nov 5 2001 // Directors and Officers liability, commonly known as D&O, is a complicated type of risk. While it covers corporate activities, a corporation is a legal person, as are the directors and officers...
Apply for Federal, State Help Even If Insured
Oct 16 2001 // The Federal Emergency Management Agency urged New Yorkers who’ve suffered losses related to the WTC disaster to register with it, and seek emergency assistance even if they are covered by insurance. FEMA Coordinating...
IICF to Kick Off Bridge Week Oct. 13-21
Oct 10 2001 // The Insurance Industry Charitable Fund is kicking off its annual Bridge Week event, aimed at making a significant difference in the quality of life of California residents. The state-wide nine-day event involves teams of...
National Insurance Task Force Appoints New Chair, Works to Expand Accessibility in Lower-Income Comm
Oct 1 2001 // The National Insurance Task Force (NITF) appointed Clayton Adams, vice president of Community Development of State Farm Insurance Companies, as its chair. The NITF, which was convened by Neighborhood Reinvestment...
Chubb Introduces Comprehensive EPL Loss Prevention Program
Sep 28 2001 // The Chubb Group of Insurance Companies is rolling out a comprehensive loss prevention program that will help more than 100,000 customers protect themselves against employment-related lawsuits. The program offers policies...
NAIC Supports Urban Markets Workshop
Sep 19 2001 // The Chicago-based Urban Insurance Partners Institute (UIPI) is organizing a national workshop to help insurers gain the tools necessary to compete effectively in urban areas. Local Initiatives Support Corporation (LISC), a...
Nonprofits Growing Fast, But Still a Tough Classto Cover
Sep 17 2001 // Nonprofit organizations are among the fastest growing sectors of the U.S. economy and while many companies try to steer away from writing policies for nonprofits, there are a few that thrive on the business. Those who do...
Nonprofits Especially Need Protection Against D&O Liability Risks
Sep 17 2001 // Although Directors’ and Officers’ liability insurance (D&O) often is associated with large for-profit companies, they are not the only ones that need it. Many people hold the common misperception that...
Insuring The Children to Host 8th Annual Golf Tournament
Sep 10 2001 // Insuring the Children (ITC) is holding its Eighth Annual Golf Tournament on Oct. 15 at Dove Canyon Golf Course in Newport Crest, Calif. According Chairman Bill DeMeulle, everyone is invited to participate in this annual...
SEiP to Host Environmental Insurance Forum in L.A. Tomorrow
Sep 5 2001 // The Society of Environmental Insurance Professionals (SEiP) is presenting the “Environmental Insurance Forum” on Sept. 6-7 at The Wilshire Grand in Los Angeles. The conference will focus on solving the...
Hardening Market Heralds Rush to Alternatives
Aug 20 2001 // During the last hard market, much of corporate America wasted little time in stepping up the search for risk transfer alternatives to traditional commercial insurance. The current hard market appears to be no different if...
ePolicy Launches Nonprofit D&O Liability Product Via the Internet
Aug 14 2001 // ePolicy.com Insurance Services Inc. announced the launch of its nonprofit directors and officers (D&O) liability product, which the company states is the first in the industry allowing a nonprofit organization to...
RIMS Opposes Reinsurance Tax Equity Act
Aug 13 2001 // The Risk and Insurance Management Society Inc. (RIMS) announced its opposition to the proposed Reinsurance Tax Equity Act of 2001 (HR 1755). The decision to oppose the legislation was based on concerns that it could...
‘A-‘ for NIAC
Aug 13 2001 // A.M. Best Co. assigned an “A-” financial strength rating (FSR) to Nonprofits’ Insurance Alliance of California (NIAC) and “B++” ratings to Alliance of Nonprofits for Insurance, Risk Retention...
Insurers To Be Reimbursed for Cerro Grande Fire Claims
Aug 9 2001 // The federal government is working to reimburse insurance companies for all claims they paid to their customers for damage caused by the Cerro Grande fires in New Mexico last year. Payments are expected to begin in January...
