THE COOPERATOR CO-OP & CONDO EXPO. TUESDAY, NOVEMBER 17TH. JAVITS CONVENTION CENTER. REGISTER NOW!
Q. If unit-owner insurance policies are supposed to be approved by a co-op board, what assurances are there that the individual board members have the necessary technical background in this area to assess each policy? As a practical matte…
According to many observers, the worst of the recession is over. We’re now several years out from the collapses and near-collapses of Lehman Brothers, Washington Mutual, Countrywide, Bear Stearns, AIG and other big-name financial firms.…
The Malvern, Pennsylvania-based Chartered Property Casualty Underwriters (CPCU) Society is a community of credentialed property and casualty insurance professionals formed in 1944 to promote ethical practices and continuing education a…
Unlike individual apartment owners’ insurance coverage, most co-op and condo buildings’ insurance policies are pretty standard—they include homeowners’ insurance, liability, and umbrella coverage. Usually, the common areas such as the ha…
One impact of climate change is being felt as natural disasters of increasing frequency and strength are causing extensive damage to homes and businesses. The four hurricanes of 2005—Katrina, Rita, Wilma and Dennis—caused more than $57 b…
The board of directors runs on volunteers. They put in hours of unpaid time and effort into making sure your condo or coop runs efficiently and effectively. And then they make a mistake and wham! There is a lawsuit and suddenly they are bei…