Category: Insurance

Insurance Common Insurance-Related Mistakes Boards Make
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?
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 Encouraging Board Participation
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 Avoiding Conflicts of Interest
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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Insurance Insurance Law
2017 August Insurance Law

Insurance liability is a very important issue for a condo or HOA association or a condo board. Most have built up a good relationship with their insurance agents or brokers, and many are content to leave the details to the pros.  However, …

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