SEARCH BY PRODUCT LINE
No good deed goes unpunished. In today’s litigious society, serving on a Not-for-Profit board of directors can expose individual members to unexpected legal, and financial responsibilities should someone take exception to or legal action against an organization. A good D&O policy can be a Not-for-Profit’s best friend for protecting its board members and freeing […]
It may come as a surprise that Not-for-Profits are subject to legal claims more than twice as much as private institutions. As the Not-for-Profit’s board of directors are responsible for setting organizational polices, individual board members may be held financially responsible when a claim is brought against the organization.
Here are some thoughtful statistics*: