We Are In This Together! Hawley & Associates’ 1st Quarter Newsletter

1st Qtr. Newsletter - 2020

Giving Tuesday Is Here! What Will You Give?

 

Giving Tuesday

GivingTuesday is a global generosity movement unleashing the power of people and organizations to transform their communities and the world on December 3, 2019 and every day.

One of the best ways to give is to get involved is in your own community. We have supplied a link to a directory to help you find organizations, events, and ways to give back in your own community.

Thank you for giving! 

Happy 125th Anniversary Labor Day!

Happy Labor Day. USA flag. American holidayThis year we celebrate the 125th anniversary of the Labor Day holiday. Has it really been around that long?!

Labor Day officially became a federal holiday in June 1894 and was enacted to honor the American labor movement.  Oregon was the first state to make Labor Day an official public holiday.  By the time it became a federal holiday, thirty U.S. states officially adopted and celebrated Labor Day.

Labor Day has often been called “the unofficial end of summer”. Many families take their yearly vacations around this time of year, just to have one last ‘fling’ before the kids go back to school and the season changes. 

So, here’s to the hard-working American; the backbone of our country! Enjoy the long holiday weekend! 

Far and away the best prize that life offers is the chance to work hard at work worth doing. – Thomas Jefferson

Does Your Nonprofit Need Professional Liability Insurance?

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In a world where lawsuits seem to be commonplace, it is more important than ever to have the appropriate commercial insurance coverage in place.  Every nonprofit is unique and there is no ‘magic’ online button, or a one-size fits all insurance program for your nonprofit.

If your agency offers advice or provides professional services, it is imperative to carry Professional Liability Insurance (also known as Errors & Omissions or E&O). If your organization is sued for negligence for errors and/or omissions while performing your professional services, your professional liability policy can help cover settlements and judgement expenses and attorney fees up to your policy limits.

Professional Liability vs. Directors & Officers Insurance:

There is a common misconception that a Directors and Officers (D&O) policy may be all you need. These two types of coverage may seem similar on the outside, but the main difference is who is covered.

Your D&O policy provides insurance brought on by a ‘breach of duty’ or wrongful act allegations and lawsuits arising out of the managerial decisions of board member(s), officers, employees and sometimes volunteers. Professional Liability insurance provides insurance for claims arising from errors and/or omissions made against the organization.

About Hawley & Associates

Hawley & Associates is solely in existence to provide specialized insurance solutions for social service and nonprofit organizations across the country and the world.

Our mission is to empower your mission by providing the most comprehensive and cost-effective insurance program and tailored risk management solutions that perfectly align with your unique operations and exposures. Less time and money spent on insurance means more of both to dedicate to the children, families and communities in which you serve.​

We strongly believe in the industry we serve, and to us it’s much more than insurance – it’s about relationships. We are an extension of your organization and an unwavering champion in supporting the great work that you do.

April Fool’s Day – How Did It Start Anyways?

April Fools' Day

“Everything is funny, as long as it’s happening to someone else.”– Will Rogers

April Fools’ Day (sometimes called All Fool’s Day) is one of the most widely recognized non-religious holidays in the Western world. How the custom of playing practical jokes or pranks on April 1 came about is still a bit hazy.

There are many theories out there, with one dating back to the 1500’s, when the Julian calendar was replaced by the Gregorian.  Those who forgot (or even refused) to observe the change and attempted to celebrate New Year’s (previously celebrated on the 1st of April) on the original date were teased as “April fools.”

There are no ‘official’ rules, but superstition says the joking period must end at noon on the 1st of April.  Anyone pulling a prank after this time is considered to be a ‘fool’ themselves because they don’t know the ‘rules’, or have failed to follow them.

Happy pranking!

 

 

Hawley & Associates ~ 2018 All Star Award Winner!

We were just named a Constant Contact All Star for 2018. Thanks to our subscribers for reading and responding to our emails!

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Nonprofits—Third Largest Workforce in U.S.

Group of people holding the NON PROFIT written speech bubble

Nonprofits play a vital role in the social and economic well-being of the United States.  According to an April 2018 report by Johns Hopkins Center for Civil Society Studies, titled “Nonprofits: America’s Third Largest Workforce“, there are 11.9 million nonprofit jobs in the U.S., making the nonprofit sector the third largest employer in the country. Only two other industries -retail trade (15.7 million) and manufacturing (12.3 million) account for a larger workforce.

While nonprofit workers are employed in a wide variety of fields, 54.3% of nonprofit workers are employed in the health field- encompassing hospitals, clinics and home health services, followed by education (15.6 percent), social assistance (12.1 percent), other services (6.7 percent), arts and recreation (2.5 percent), and professional services (2.2 percent).

Employment is just one factor in determining the importance of the nonprofit to the U.S. economy. Tracking and charting economic trends is imperative in assisting the nonprofit sector with increasing challenges – on both a local and federal level.  Their ability to respond to these challenges has been greatly restricted by a lack of information and data in their sector and how it relates to other industries.

The John Hopkins Nonprofit Economic Data Project (NED), in collaboration with other local and federal agencies is collecting and providing vital data related to and for the nonprofit sector.

How One Agent Adopted a Niche within a Niche ~ Insurance Journal – Feb. 2019

Insurance Journal

Hawley & Associates is in existence for just one reason; to provide specialized insurance solutions for the nonprofit and social service community.  It has always been and will continue to be our sole focus.

We would like to share a wonderful article recently published by the Insurance Journal about the founding of Hawley & Associates, our niche market and the roots of our unique mission.

We would like to thank our clients for allowing our mission to empower your mission!

Read Full Article

Source: Insurance Journal, February 4th, 2019 | Volume 97 No. 3

Cyber Extortion Up in 2018

Theft.

According to Proofpoint’s newest Quarterly Threat Report, Q4 2018, the threat of Ransomware did decline at the end of 2018, but has opened the door for out-right cyber extortion.

Extortion is an age-old crime that has found its way into the cyber world.  This threat continues to gain traction as a multi-million-dollar criminal industry. The newest trend is in the form of “sextortion,” in which a cyber-criminal threatens to reveal compromising information (i.e. photos, videos or visits to questionable websites) if the victim does not pay a fee. They may even claim to have “evidence” of compromising activities. These emails generally do not contain malware or a malicious link and rely solely on fear, emotion and the human factor to trick victims into paying.

As the threat of cyber extortion continues to grow, staying one step ahead is your best recourse in combating this ever-increasing threat. Addressing your organizations’ vulnerabilities, developing appropriate policies and procedures, using up-to-date technology to secure your networks and securing the right insurance coverage are integral parts in your risk management arsenal.

For more information on cyber insurance, and how it can help protect your organization, please contact Hawley & Associates at www.hawleyandassociates.com.

Our New Website Is Here!

Computer Screen

Hawley & Associates is excited to announce the launch of our new website at www.hawleyandassociates.com! We wanted our new site to truly reflect who we are as an agency; a caring, innovative and customer-focused insurance brokerage who is dedicated in serving the social service and nonprofit community.

The site has a fresh clean look, is user friendly and responsive on all devices, even on the go!