Blogs

In the world of nonprofit organizations, the term “nonprofit liability insurance” is more than just a buzzword—it’s a safeguard. Whether it’s navigating the pitfalls of operational hazards or the legalities of governance, nonprofit insurance stands as the first line of defense for nonprofit entities. Nonprofit Organizations 101: A Quick Guide Nonprofit organizations are defined by their primary goal: to address societal needs rather than generate profit for owners or shareholders. These entities vary widely in focus and function, ranging from

In the dynamic realm of fitness, where health and vigor are paramount, the significance of robust aerobics studio insurance strategies cannot be overstated. Owners and operators of fitness centers are tasked with a dual mandate. They must foster a safe, energetic environment for clients to exercise and pursue their fitness goals, while navigating the multifaceted risks associated with running such a vibrant establishment. As these studios become a staple in the fitness industry, a comprehensive understanding of aerobics studio insurance

Exploring Nonprofit Management Liability Insurance Nonprofit organizations play a crucial role in addressing social issues, supporting communities, and making a positive impact on society. However, with this important work comes a range of challenges and risks that can threaten the sustainability and success of these organizations. Unforeseen risks such as lawsuits, financial mismanagement, and accidents can have devastating consequences for nonprofits. That’s where nonprofit management liability insurance comes into play. Understanding it is essential for those involved in both leading

The Comprehensive Guide to Condominium Association Insurance In today’s fast-paced insurance world, condominium associations need solutions that are not just comprehensive but also convenient. This is precisely why understanding condo association insurance is vital. Whether you are an insurance agent looking to diversify your portfolio or a condo association board member seeking to navigate the maze of coverage options, this is designed with you in mind. From understanding what a condo association insurance policy covers to avoiding common purchasing mistakes,

Amateur sports associations are crucial for youth and adult well-being. Yet, as participation grows, injury risks and liabilities increase. Specialty insurance is vital to protect athletes and organizations in this industry. Amateur sports insurance offers tailored coverage, allowing teams, leagues, sports camps and facilities to operate confidently. It protects organizations from liabilities and legal battles, ensuring participant safety and well-being. Safeguarding Athletes and Organizations In amateur sports, liability risks are common. Sports camps, organizations, and youth and adult sports teams

 According to the dictionary, an accident is “an undesirable or unfortunate happening that occurs unintentionally and usually results in harm, injury, damage, or loss.” Simply put, accidents are unexpected—and, despite the best planning and precautions, they happen more often than you think. Someone is injured in the United States every second. And unfortunately, if injuries need medical care, they can cost thousands of dollars in out-of-pocket expenses. In 2023, that could be $9,100 for an individual and $18,200 for a

 Condos and townhomes are in a unique situation when it comes to insurance. The structure of these buildings is shared by its residents—so the answer to the question of who pays if damage occurs isn’t always cut and dried. Is it the homeowner? The community’s association? Both? LIO Insurance’s President and Chief Operating Officer Seth Hall talks with AVP of Property Claims Brian Burke to clear up the confusion of walls-in vs. bare walls coverage for brokers and property

Insurance providers come in all shapes and sizes. Some spread out their resources to include many different coverages, while others focus on a few business areas.  Whatever their size and area of specialty, it is essential that you work with the right carrier. After all, there are more horror stories about insurance providers gone wrong than there are stories about seamless claims and transactions. Even a quick Google search for “insurance provider bad experience” yields more than 500 million results. 

 Go, team, go! Sports have long been an integral part of the youth experience across the United States, with over 57% of youth participating in at least one sport a year. Along with that experience, however, comes an additional one: many young athletes also experience injuries during practices or games, with over 2 million injuries occurring each year. LIO Insurance’s President and Chief Operating Officer Seth Hall talks with SVP of Products and Amateur Sports Product Lead AJ Morgan