Category: Insurance

Insurance
2018 August The Risks of Being Un(or under-)Insured

Insurance can seem like a mundane administrative afterthought – right up to the moment you need coverage. In a community association, just because a responsible board handles the lion’s share of maintaining the policy covering common areas …

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Insurance
Common Insurance-Related Mistakes Boards Make

Insurance may not be the most exciting topic facing boards in multifamily co-ops and condos, but decision-makers neglect it at their peril. Here, an insurance pro outlines some of the more common mistakes he sees boards make when it comes t…

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Insurance
How Important is D&O Insurance?

Every board knows how important it is to have adequate, up-to-date insurance coverage to protect their community from liability, disaster, and other expensive situations -- but what about board members themselves? Directors & Officers (D&O)…

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Insurance
2017 August Encouraging Board Participation

With so many people leading busy, sometimes hectic, lives that revolve around work, kids, social functions, and other obligations, it’s often very difficult for co-op/condo/HOA administrators to find residents willing and able to serve thei…

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Insurance
2017 August Avoiding Conflicts of Interest

Successful association or cooperative living requires harmony between all parties involved, from management to staff to board to residents. Should one of these groups put their own self-interests above the common good, the wheels can come o…

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