There are more than 1.9 million nonprofits in the U.S. In the first of a two-part series, a nonprofit expert examines this booming market and the risks it faces.
Recently, an insured approached First Nonprofit about an event it wanted to host for participants in one of their youth programs at a recreation facility called Xtreme Trampoline. First Nonprofit's risk-management VP checked it outand persuaded the client persuaded that this was not a good idea.
Recently, an insured approached First Nonprofit about an event it wanted to host for participants in one of their youth programs at a recreation facility called Xtreme Trampoline. First Nonprofit's risk-management VP checked it outand persuaded the client persuaded that this was not a good idea.
A California business owner has been arraigned in San Francisco Superior Court for 57 felony counts related to payroll theft and workers' comp premium fraud.
Market conditions for insurance in the nonprofit sector have shown sure signs of a hardening over the past six months, with prices stabilizing overall and slowly inching upward for some classes of risk.
Market conditions for insurance in the nonprofit sector have shown sure signs of a hardening over the past six months, with prices stabilizing overall and slowly inching upward for some classes of risk.
With a still-shaky economy limiting donations to social-service organizations, many of these groups are being forced to radically reduce spending or to branch out into new and untested revenue-raising watersa move which can pose unexpected and even catastrophic risks.
With a still-shaky economy limiting donations to social-service organizations, many of these groups are radically reducing spending or branching out into new and untested revenue-raising watersa move that can pose unexpected and even catastrophic risks.
Thanks to the ever-increasing popularity of youth sports--and the desire of kids of all ages to stay fit and have fun--the amateur-athletics market is a relatively healthy segment of the property/casualty arena, providing areas of opportunity for agents experienced in this field to grow their business.