article thumbnail

Lessons from the 2024 Atlantic hurricane season: What philanthropy can do better

Candid

And as a result of repeated storms, insurance companies have been leaving Florida or increasing insurance rates, creating a crisis of underinsurance that Milton will exacerbate. Insurance companies also treat flooding differently, so philanthropic funding is needed even more. In the U.S.,

article thumbnail

Insurance in a Climate-Changed World

NonProfit Quarterly

The first place that most of us will experience the direct costs of climate change is in the insurance market, and the problem has already emerged. Loading the Dice” In many areas, property insurance premiums have soared, and finding coverage has become extremely difficult. This escalation is our new normal.

Insurance 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Restore Community Economies: Reestablishing the Right to Associate

NonProfit Quarterly

These farmers also successfully advocated for a system of federally backed cooperative banks and joined together to form farmer-owned insurance pools, allowing agriculture cooperatives to form, including prominent brands like Land O’Lakes and Ocean Spray. Before the Affordable Care Act, it was the only good option for health insurance.

article thumbnail

The Next Generation of Mutualism

Stanford Social Innovation Review

The left has often undercut a notion of a mutualist future by insisting that every problem needs a large centralized government solution. In what is now the United States, Benjamin Franklin created the first mutual bank and mutual insurance company in 1752, after a devastating fire destroyed much of Philadelphia.

article thumbnail

Learning from peers to refine your nonprofit funding strategy

Candid

These include categories like grants, donations from individuals, support from companies, and earned income from services or products.

article thumbnail

Is Your Health Insurer Breaking the Law?

NonProfit Quarterly

Image credit: AntonioGuillem on istock.com Despite hundreds of state laws meant to protect health insurance consumers—patients, in other words—from denials of legitimate claims for coverage, health insurers are routinely flouting these laws and illegally denying coverage in even life-threatening situations.

Insurance 103
article thumbnail

Challenges, Opportunities, and Insurance Buying Trends in the Nonprofit Industry – 2021

NonProfit PRO

During this informative webinar attendees will learn the impacts of COVID-19 on the nonprofit sector, the trends influencing nonprofits’ growth plans, the actions and investments nonprofit organizations are taking to expand services, and critical factors determining insurance requirements and provider preference.

Insurance 130