Directors’ & Officers’ Insurance
Posted On: October 13, 2010
With growth in the number and popularity of farmers markets comes increased exposure to risk, and not only the risk of tripping and falling, or getting sick from a producer’s products. Allegations from vendors of unfair management (such as discrimination, insufficient or biased farm inspections), or allegations from customers about false advertising or perceived price-fixing, can be extremely costly for a market organization whether or not they are found to have legitimate standing in a court of law. These are just a few of the numerous allegations a nonprofit farmers market board could be at risk to defend.
Recognizing the potential risks faced by both farmers markets and farmers market associations, the Farmers Market Coalition announces a new service for its members: Directors’ and Officers’ (D & O) Insurance designed specifically for farmers market organizations that are members of FMC.
You can access this insurance by logging in to your member account, or Join Today to get started.