To help you manage risk at your nonprofit organization, here are some helpful resources:
Learn why nonprofits need Directors' & Officers' Liability coverage.
Learn about the Volunteer Protection Act -and why you still need Directors' & Officers' Liability Insurance.
Who Sues Nonprofits and Nonprofit Boards and Why? -One of the myths associated with nonprofit D&O exposures is that there are few sources of claims since nonprofits don't have shareholders. Nonprofits serve large and varied constituencies to which their boards owe specific fiduciary duties similar to duties owed by corporate boards. These constituencies are potential plaintiffs in legal actions brought against nonprofit boards.