insuring nonprofits News

How to Serve Today’s Nonprofit Insurance Market

Nonprofits are a lot like most insurance clients. They seek trusted and consultative relationships with their agents, brokers and carriers. They seek partners that understand their mission. But they also seek agents who understand in what ways their needs differ …

Charity First to Move Nonprofit Program to Nova Casualty Co.

Property and casualty program manager Charity First has announced plans to transition its nonprofit and social service business to Nova Casualty Co., a specialty program carrier and a member of AIX Group. The move will enable Charity First to offer …

BHSI Launches Portfolio Product for Nonprofit Organizations

Berkshire Hathaway Specialty Insurance (BHSI) has launched Executive First Nonprofit Portfolio, a collection of executive and professional lines coverages tailor-made for America’s nonprofit organizations. The Portfolio offers directors & officers liability, EPLI, fiduciary liability, employed lawyers liability and commercial crime …

West Virginia Lottery to Charities: Casino Night Fundraisers Are Illegal

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 …

Diversity Within Insurance Industry Serves Expanding Nonprofits

Nonprofit and social service organizations are as plentiful and diverse as the world itself. To better serve communities, nonprofits must bend, mold and adapt to rapidly changing conditions and so must the insurance industry that serves this specialty market, the …