policy was due to expire August 1, and the company would not be renewing it. “It took our longtime brokers two months to get us coverage,” said Thom Harrington, the association’s executive director.
Coverage, Claims, & Consequences: an Insurance Handbook for Nonprofits is designed to help nonprofit organizations gain a deeper understanding of their insurance needs, options, and opportunities.
Insurance commonly referred to in the insurance industry as "directors and officers" or "D&O" insurance is insurance that is payable to directors and officers of a corporation, or to the corporation ...
D&O insurance is required wherever individuals make decisions on behalf of an organization. Directors and officers insurance exists because leadership authority creates personal legal exposure. When ...