2008 August
2008 August Vol. 6 No. 8
Focus on...Insurance
Stormy Weather
The scenes are indelible: uprooted trees strewn across roadways. Windows broken. Streets flooded. Roofs torn from the homes they were designed to protect. Hurricanes are chaos machines, generating fear and destruction wherever and whenever they strike. Their after-effects can reverberate thousands of miles away and for years after they hit, especially when it comes to insurance coverage. Read More
Understanding Your Condominium's Insurance Policy
For people with no experience in managing a community, understanding the fine print and the more obvious aspects of a building's insurance policy often can be a challenge. To the uninitiated, it sometimes may seem like the details of one's coverage were written to be deliberately confusing to anyone excpet insurance industry insiders. Read More
Protecting the Board
Say you’re a new association trustee in your condo. It’s a great honor—you’ve been recognized as a leader, and now you can try to put some of your ideas into effect. However, in your new position, you could now be sued because of your fiduciary responsibility. Read More
Insuring Home and Hearth
The importance of insuring one’s personal property is rarely grounds for debate, as people regularly make out
checks in varying sums for policies they hope they will never have to make use
of. And in theory, the concept is simple: You buy insurance, something is
damaged, insurance pays for the damage.
Read More
Risk Avoidance
Insurance is a hassle and an expensive necessity for any condominium. A great
way to bring costs down and to keep them down is to reduce liability. Many
things that can help with insurance costs are along the lines of common sense,
and keeping a few basic things in mind, and in repair, can make a lasting
difference in the cost of coverage for an entire building or community. Read More
Kennebunkport:
Kennebunkport, Maine, is a destination. People visit or relocate there on
purpose. Since 1602 when colonial fishermen spent their summers along the
Kennebunk River, until the present day when former presidents and other
solace-seekers come to spend time in favorite haunts, people have been setting
their sights on the area as a haven. Some find themselves fortunate to remain
in that haven all year round, while others return like migratory birds, to
enjoy the beauty of the landscape and the architecture, as well as to escape
the stresses of their daily lives.
Read More
After an Insurance Loss
A frantic phone call is received at 2 o'clock in the morning from a condominium. Water is cascading through three floors of Building 12, a 30-unit building. At least six units (two per floor) have experienced extensive damage, and the common hallways on all three floors are also a mess. Read More
Universal Design
From fashion trends to purchasing priorities, the wants and needs of the Baby Boomer Generation have shaped American culture, industry and society in profound ways. Read More
