• 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. Directors and officers can be sued for any number of reasons, even those who serve a non-profit. To protect yourself and other board members from personal loss resulting from […]

  • 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 it’s not unusual to see seven-figure losses resulting from such claims made against directors and officers of corporations and nonprofits. Although this video was intended […]

  • 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 Directors and Officers (D&O) insurance. The men and women who run nonprofit organizations are just as likely to face litigation as board members of for-profit corporations, but very […]

  • 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 organization and its directors and officers. Although D&O insurance may not be necessary in every case, it can be a very important element in […]

  • 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 oversee these organizations, directors and officers insurance (D&O) provides protection against litigation and personal financial ruin. D&O insurance policies in New […]

  • 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 required to defend themselves against claims of wrongful or tortious conduct, and may also face substantial liability exposure. D&O insurance in New York City can certainly limit the risk […]

  • 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 at your offices. D&O insurance may prove invaluable for a wider range of unanticipated events, such as the following scenarios. If you do not currently […]

  • 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 insurance, or D&O insurance, company directors and officers can be personally sued and held liable in lawsuits against the non-profit. There is a long list of reasons why directors and […]

  • 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 employees. Because buildings can suffer damage, and employees can get hurt on the job, nonprofit insurance companies often recommend both property insurance and workers compensation insurance. […]

  • 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 could bring. The goal of many nonprofits is to aid the demographics that they serve. The various objectives of these nonprofits attract individuals with […]