The National Rifle Association’s former finance czar, Wilson “Woody” Phillips, has been banned for a decade from managing money for any nonprofit company in New York, the state’s attorney general said Tuesday. Phillips agreed to the ban in May, three …
A Louisiana hospital foundation’s former fundraising chief was sentenced to 33 months for stealing more than $550,000 in donations. News outlets report 49-year-old John Paul Funes was sentenced after his original sentencing hearing was pushed back because of scheduling conflicts. …
Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for high net worth individuals and families, has made several enhancements to its personal excess liability coverage, including the introduction of not-for-profit directors & officers (D&O) liability coverage. …
ACE Group has launched a new coverage component for the ACE Express package policy specifically designed to protect private and not-for-profit organizations. The updated package policy enables insureds to purchase privacy and network liability coverage in a single policy with …
West Virginia Lottery officials say “casino night” fundraisers conducted by charitable organizations are illegal but the Lottery does not have authority to crack down on such events. County prosecutors have shown little interest in pursuing charges against members of local …
QBE North America’s continues its expansion into the management liability & professional lines arena with the launch of three new products for public and private commercial companies and financial institutions and non-profit businesses. The three products currently available in the …
ProSight Specialty Insurance and Tangram Insurance Services Inc. have added a package insurance product offering for the companies’ joint Community First Insurance Program serving social service organizations. The new package lines Community First coverage, which is also paired with a …
ThinkRisk Underwriting Agency, a division of RSG Underwriting Managers, LLC, and Aspen US Insurance have launched a new national management liability package program. The product is available on an admitted basis in most states and offers multiple coverage lines for …
Crystal & Co., a worldwide risk and insurance advisor, has released the results of its Nonprofit Risk Survey, presenting a snapshot of risk awareness and exposure among U.S. nonprofit organizations, including human services, foundations, and community service, educational and religious …
Zurich North America Commercial’s Programs & Direct Markets business has entered into an agreement with Aon Affinity, the consumer, association and group program business of Aon plc to offer coverage to non-profit long-term care organizations. The program will be available …
