NonProfits-Where and Why Buy D&O

Letter from someone who found me on the internet... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ July 25, 2011 Dear Scott, I just read your article here and wonder if you might answer a few questions for me. I am a director of a newly formed citizens' group, a non-profit corporation in the state of xx. We are not a 501c(3), although we may become one in … [Read more...]

Hold Harmless Agreement

According to Ray Burnham's Insurance Dictionary (, a hold harmless agreement is a "contractual provision in which one party assumes another's legal liability, as a contractor may assume an owner's liability based on the contractor's actions; is another term for indemnity agreement."I use the phrasing, "When one party agrees to … [Read more...]