Monday, April 11, 2016

The Need For D&O Insurance

I thought i'd share this article on the types of things that can go wrong when people in the Non-Profit world have disagreements over how the NPO should be run.

While the events that have unfolded are unfortunate it highlights the need to protect board members from suits claiming negligence while acting on behalf of the organization.

It also shines a light on the need for a more complex insurance structure including Commercial General Liability. As claims for defamation could be interpreted to be excluded from a D&O policy, a GL would respond to certain allegations.

TheStar Prank calls, lawsuits and mystery pizzas: Mississauga Humane Society in chaos

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