Latest NonProfits Headlines

All the headlines from our NonProfits Topic Page, ordered by recency.

Venture Programs’ Latest Offering: Professional and Management Liability

Dec 12 2006 // Venture Insurance Programs of West Chester, Pa., (www.ventureprograms.com), a national program administrator, has launched Venture Professional, a professional and management liability solution featuring Directors &...

Experts Warn Insurance Regulators About Dangers of New Madrid Fault

Dec 11 2006 // Earthquake, insurance and building code experts from across the country today warned state insurance regulators of the catastrophic consequences when middle America experiences a replay of the 1811 and 1812 New Madrid...

Understanding D&O risks, exposures and insurance options

Dec 11 2006 // What do a parent advisory board, parish council, the United Way and local athletic club have in common? They are all nonprofit organizations. Most people serving on the board of such organizations are volunteers who...

Violence in schools–having a plan

Dec 11 2006 // Indiana Insurance, a member of the Liberty Mutual Group and an insurer of public and private schools throughout the Midwest, hosted a free, day-long seminar this fall to help Ohio school officials develop better school...

Zurich agrees to terms to close multi-state bid-rigging probe

Dec 11 2006 // In separate but related move, N.Y., Conn., Ill. tell four insurers contingent commissions no longer an option Ten states, led by Texas and its Attorney General Greg Abbott, have come to terms with Zurich American, closing...

Understanding D&O risks, exposures and insurance options

Dec 10 2006 // What do a parent advisory board, parish council, the United Way and local athletic club have in common? They are all nonprofit organizations. Most people serving on the board of such organizations are volunteers who...

Zurich agrees to terms to close multi-state bid-rigging probe

Dec 10 2006 // News Currents Ten states, led by Texas and its Attorney General Greg Abbott, have come to terms with Zurich American, closing their probe into the insurer’s involvement in alleged bid-rigging and unfair compensation...

AMIS Offers Policies for Real Estate Appraisers, Investigators, Adjusters

Dec 7 2006 // San Diego-based AMIS, Alliance Marketing and Insurance Services, has announced it is offering broader package policies for real estate appraisers handling residential and commercial property. This policy is underwritten by...

Zurich Agrees to Terms to Close Multi-State Bid-Rigging Probe

Dec 4 2006 // Ten states, led by Texas and its Attorney General Greg Abbott, have come to terms with Zurich American, closing their probe into the insurer’s involvement in alleged bid-rigging and unfair compensation practices in...

Ill. Arthur J. Gallagher Acquires William H. Connolly

Dec 4 2006 // Itasca, Ill.-based Arthur J. Gallagher & Co. recently announced the acquisition of William H. Connolly & Co. of Montclair, N.J. Terms of the transaction were not disclosed in the written release. William H....

Pa. High Court Revives Suits on Non-Profit Insurers’ Surplus

Dec 4 2006 // Pennsylvania’s highest court has breathed new life into lawsuits that ask the state’s four nonprofit Blue Cross and Blue Shield insurers to use some of their cash surpluses to lower health-insurance...

Ill. Director Looks at New Options for Insurers to Serve Urban Markets

Nov 28 2006 // Regulators want to make sure that insurers are serving the urban market appropriately, according to Illinois Insurance Director Michael T. McRaith, who spoke at a recent workshop sponsored by the Urban Insurance Partners...

Arthur J. Gallagher Acquires South Carolina’s Adams & Associates

Nov 22 2006 // Arthur J. Gallagher & Co. reports it has acquired Adams & Associates International, Ltd. of Columbia, South Carolina. Terms of the transaction were not disclosed. Adams & Associates International, Ltd. is a...

Understanding D&O risks, exposures and insurance options

Nov 20 2006 // What do a parent advisory board, parish council, the United Way and local athletic club have in common? They are all nonprofit organizations. Most people serving on the board of such organizations are volunteers who...

Understanding D&O risks, exposures and insurance options

Nov 19 2006 // What do a parent advisory board, parish council, the United Way and local athletic club have in common? They are all nonprofit organizations. Most people serving on the board of such organizations are volunteers who...

Hawaii Quake Disaster Loans Run into the Millions

Nov 16 2006 // The U.S. Small Business Administration said Tuesday that it has approved more than $5.4 million in disaster loans in the wake of the Oct. 15 earthquake off the Big Island, Hawaii. The loans were made to homeowners, renters...

N.Y. City Loses Quick Bid to Block Health Insurers’ Merger

Nov 15 2006 // A judge on Tuesday refused a request by New York City officials to immediately stop the merger of two nonprofit insurance companies that provide coverage to city workers because it violates antitrust laws. U.S. District...

Charity-Focused GoodWorks Agency Offers Business Model Nationwide

Nov 14 2006 // GoodWorks Insurance, a new insurance ageny that gives half of its profits to local non-profits in accordance with a unique charitable contract, is expanding its business model to permit its use by established insurance...

Ohio Medical Mutual Investigator Wins National Fraud-fighting Award

Nov 13 2006 // Financial Investigator Jeff Leovic, a member of Medical Mutual of Ohio’s Financial Investigations unit, is among the winners of the 2006 National Health Care Anti-Fraud Association’s (NHCAA) Investigation of...

Social services agencies need extra care and an agent’s helping hand

Nov 5 2006 // Few independent agents recognize that they can make profits from not-for-profit organizations, says Dan Mogelnicki, president of Manhasset, N.Y.-based NIF Underwriting Facilities, a program administrator and wholesale...