Board Members Sued for Mismanaging Money

16/09/2025 8 min Temporada 1 Episodio 135
Board Members Sued for Mismanaging Money

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Episode Synopsis

You volunteer your time to serve on a nonprofit board, helping a cause you care about. But when the organization is accused of mismanaging funds, suddenly every board member is named in a lawsuit.In this episode of Is It Covered?, Bruce and Brian Chapman unpack what happens when boards—and their members—get sued. From nonprofit volunteers to corporate directors, these claims are more common (and more personal) than many realize.✓ Why serving on a board can expose you to personal liability✓ What Directors & Officers (D&O) insurance actually covers✓ The difference between nonprofit boards and corporate boards in claims✓ Why employment practices liability is often just as importantWhether you sit on a nonprofit board, run a business, or are simply curious about what happens when board decisions go wrong, this episode will open your eyes to the protections you need.🎧 Listen now—and learn why even the best intentions don’t keep you out of court.Have a claim scenario you’d like us to cover? Email [email protected]#InsuranceClaim #DirectorsAndOfficers #BoardLiability #NonprofitBoard #BusinessInsurance #IsItCovered