Diverse groups responded however they could; securities sales, cost cuts and, for some, insurance payouts helped them surviveLottAssociations of all sizes with different missions and different revenue models executed a variety of difficult maneuvers, all to avoid being swamped by the same merciless wave: the COVID-19 pandemic.Related contentQuantifying associations' pandemic losses The Heart Rhythm Society, like so many others, had to tap reserves—sometimes selling stocks at a loss—to pay back sponsors, exhibitors and registrants of its canceled annual meeting in order to qualify for an insurance payout.The American Resort Development Association did not draw from reserves… Read More