Nonprofits News

Texas Mutual Donating $2M in Grants to Nonprofits Providing COVID-19 Relief

Workers’ compensation insurer, Texas Mutual Insurance Co., is donating $2 million in grant funding for nonprofit organizations across the state that are vital to COVID-19 relief and recovery. The grants will go to 40 nonprofit organizations, including Meals on Wheels, …

Driver Dies, Passengers Injured in Ohio Church Bus Crash

A church bus and an SUV crashed on Feb. 2 in Ohio, and the bus driver died, the State Highway Patrol said. The patrol’s Lebanon post reported the crash occurred around 9:30 a.m. on Dixie Highway in Warren County’s Franklin …

Fire Destroys Louisiana Gym, Thousands of Dollars in Donations Held There

A fire destroyed a south Louisiana gym and thousands of dollars in donations being held there ahead of a charity fundraiser. WVUE-TV reported that a fire Wednesday night destroyed the Garyville Recreation Center gym in St. John Parish. A fundraiser …

Ex-Employee of Oklahoma Nonprofit Ordered to Pay $3M in Embezzlement Scheme

A former accountant for the Oklahoma Beef Council has been sentenced for embezzling nearly $2.7 million from the nonprofit. Melissa Day Morton, 46, was ordered to pay $3 million in restitution, The Oklahoman reported. The beef council will receive $2.3 …

Attention Nonprofits: 3 Donor Retention Tips

This post is part of a series sponsored by Charity First. Every business needs loyal customers to thrive-and the nonprofit sector is no different. As they are critical components of the industry, donor relationships require a certain level of attention …

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 …

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 …

How Agents Help Nonprofits in Hard Times

Still struggling through the recession, the last thing the nonprofit sector needed is the negative publicity generated by Jerry Sandusky and Lance Armstrong. The recession was hard on just about everyone, particularly the nonprofit arena and those who provide services …

Chartis Enhances Fiduciary Liability Coverage

Chartis has introduced enhancements to its fiduciary liability product for private companies, nonprofits and financial institutions. The company’s Fiduciary Liability Edge endorsement will provide coverage to address the rapidly expanding exposures facing employee benefit plan sponsors and their directors, officers …