Nonprofit Risk Management Resource: EEOC Fiscal Year 2014 Report

One of the best ways to manage risk is to understand where other people are running into problems. The Equal Employment Opportunity Commission issues a report each year with all of its enforcement and litigation data.  This report is a powerful tool to help you understand why employees are filing complaints with the EEOC. Why […]

Nonprofit Directors and Officers Liability: Not JUST for Ds and Os

Click here to get a D&O quote for your nonprofit. One of the most frequent requests I get as an insurance agent for the nonprofit stars is this: Find me some Directors and Officers (D&O) Insurance! And now! While D&O is NOT the only coverage needed for a nonprofit organization, it is a vital line of […]

Taking the Guesswork Out of Risk Management

We definitely have to factor likelihood of various scenarios happening. If you don’t have a car, then you don’t need auto insurance. If you’re not on a fault line, you might not necessarily need to add earthquake insurance (probably). And we all have budgets. You’d be dumb to spend every penny you have on insurance. […]

What Do You Want Your Insurance To Do For You?

  Let me guess… Pay claims when called upon to do so. Be inexpensive. Be easily understood. Be simple to deal with. Those four are universal desires from my insurance clients. But let’s dig a little deeper and take those four off the table.  What do you want your insurance program to do for you? Why buy insurance […]

Data Breach, Cyberliability, and Your Nonprofit

Since I’m not talking to anyone specifically and there’s no fear that I’m trying to sell you something, I’m going to dispense with the niceties.   You do have to worry about data breach and cyberliability issues. I don’t care how small your nonprofit is. I don’t care how high-tech your IT guy is. I […]

Nonprofits, Independent Contractors, and General Liability

As a cost-saving move, many nonprofits pay employees as 1099 independent contractors. There are quite a few ramifications of this practice (which I’ll dive into in another post), but I want to point out one key insurance gap that is created. Under a general liability policy (and abuse and molestation liability and professional liability policies), […]