Events Calendar

The Nonprofit Insurance Crisis: What You Need to Know and What You Can Do
Wednesday, September 30, 2020,  1:00 -  2:00

In February, even before the COVID-19 pandemic reached crisis levels, The Wall Street Journal wrote about the steady rising cost of insurance for U.S. businesses, highlighting Alliance member, The Children’s Shelter in San Antonio, noting that their coverage premium went from $176,000 to an astonishing $750,000. In the same month, the Insurance Journal outlined how carriers are getting out of certain markets in the nonprofit sector—including those who serve children and adults.

In August, 300 brokers in the U.S. were polled by the Nonprofits Insurance Alliance (NIA) about the insurance market for nonprofit businesses and their responses were alarming on the difficulty of ensuring programs and services like foster care, homeless shelters, residential treatment centers, and more. 

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