Insurance Business America–The non-profit insurance market is in crisis, according to the Non-profit Insurance Alliance (NIA). In what could be labeled as ‘the perfect storm’, charitable non-profits – also known as 501(c)(3) organizations – are battling against a hardening property & casualty insurance market, a restriction of appetite among insurers who have traditionally supported the space, and now additional stresses relating to the COVID-19 pandemic, through which many non-profits are providing frontline public services.
