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Recent Posts in Director & Officer Insurance Category

Do You Need Directors and Officers Liability Insurance?

Directors and officers (D&O) insurance protects decision-making executives and personnel in the event they are personally sued by investors, employees, vendors, volunteers, and other such parties. ...
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Rising Claims for Non-Profit D&O Coverage

The board of a nonprofit faces the same risk of personal financial loss as the directors and officers of privately-held corporations. Financial-based claims can come from many different claimants, and ...
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Understanding the Basics of Directors and Officers Liability Insurance

Most nonprofits understand the value and importance of general liability insurance, especially given the litigious nature of our country. Unfortunately, the same can’t always be said about ...
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Should Your Nonprofit Insure Your Directors and Officers?

While some people believe that nonprofit organizations are exempt from lawsuits due to charitable immunity, the reality is that nonprofit insurance in New York City is very important for both the ...
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Important Questions to Ask When Selecting a D&O Insurance Policy

Non-profit organizations do a lot of good for a lot of people, but that doesn’t mean can’t be sued or held financially responsible for loss or personal injury. For the men and women who ...
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Understanding D&O Insurance Exclusions

Like the officers and directors of for-profit companies, the officers and directors of non-profit organizations have fiduciary responsibilities. This means that non-profit board members may be ...
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What Kind of Cases Can D&O Insurance Protect Against?

Property insurance can protect your nonprofit organization should you experience a fire flood, or other natural disaster. General liability insurance is key if a volunteer trips and suffers a fracture ...
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Breaking Down D&O Insurance [INFOGRAPHIC]

Most non-profit companies have general liability insurance, but many don’t know that this kind of insurance still leaves them vulnerable. Without directors’ and officers’ liability ...
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What Are the Insurance Needs of a Nonprofit?

Nonprofit insurance in New York City can be very similar to the liability insurance necessary for a commercial enterprise. Like a major corporation, nonprofits typically have physical locations and ...
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Why D&O Insurance Is Important for Nonprofits

D&O liability insurance in New York City is a critical form of financial protection that can safeguard nonprofits big and small from the substantial financial fallout that even a single lawsuit ...
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How to Inspire Your Nonprofit Board

A successful nonprofit organization depends on many components, including its board of directors and D&O liability insurance. This video discusses how to get the most from your board members to ...
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A Non-Profit's Guide to D&O Coverage

As if running a successful non-profit organization wasn’t hard enough, you and your colleagues have to constantly be wary of legal actions from individuals and other organizations. To prevent a ...
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Are Non-Profits Eligible for a Health Insurance Tax Credit?

Although non-profits are not required to purchase health insurance for employees, your organizations is eligible to purchase health insurance through state-specific “SHOP” programs which ...
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What is Group Health Insurance?

Group health insurance is an umbrella health insurance policy that includes all eligible members of a specific group. Most often these policies are purchased for employees. A group health insurance ...
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Defining D&O Coverage

Are you a nonprofit organization looking for D&O insurance in New York City or any other city in the U.S.? At Gross & Company Insurance, we specialize in providing nonprofit insurance such as ...
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Understanding the Types of D&O Coverage for Non-Profits

Directors and officers liability insurance, also known as D&O insurance, is considered one of the most important types of insurance for nonprofits. Officers and directors of nonprofit boards have ...
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Defining D&O Insurance

As the director or officer of a non-profit organization, you may be held personally responsible for any actions that lead to personal injury or financial ruin. As such, you can be sued directly for ...
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Answering Commonly Asked Questions about Director & Officer Insurance

Running a non-profit organization is demanding. In addition to performing your normal daily function, you and your executive colleagues have to constantly be wary of legal action from individuals or ...
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