Board Members Sued for Mismanaging Money

About this episode

This episode discusses the implications of board members being sued for mismanagement of funds in nonprofit and corporate settings.

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 important Whether 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 Brian@jdchapmaninc.com #InsuranceClaim #DirectorsAndOfficers #BoardLiability #NonprofitBoard #BusinessInsurance #IsItCovered

People in this episode

Hosts: Bruce Chapman, Brian Chapman

Topics covered

• board member liability
• nonprofit governance
• D&O insurance
• legal claims
• personal liability
• employment practices liability

Keywords

• board members
• lawsuit
• nonprofit board
• corporate board
• D&O insurance
• personal liability
• employment practices liability

Mentioned in this episode

Organizations: Is It Covered?, nonprofit, corporate, Directors & Officers (D&O) insurance, employment practices liability

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