Category: Insurance

Insurance Wooden houses with yellow arrows up. housing boom, property market growing, high demand for real estate, house prices rising concept
Insurance Premiums Skyrocket

Inflation has hit the insurance building insurance industry in a big way.  And according to a recent survey conducted by the Foundation for Community Association Research (FCAR), skyrocketing premiums are putting serious financial pre…

Read More
Insurance Tiny wooden houses and question mark. Home valuation and selection.
2022 August Insurance in the Multifamily Setting

Insurance coverage and the inevitable claims that coverage defends against are a fact of life for multifamily residential communities. In that setting, it’s critical for all parties to understand whose policy covers what, and under what cir…

Read More
Insurance Yellow caution sign with black hurricane symbol, stormy sky in background
Hurricane Season is Here

From flood waters and property damage to power loss and spoiled food, coping with the aftermath of a powerful storm can be very troublesome for co-op and condo community board members, owners, and tenants. Therefore, during the Atlantic Hur…

Read More
Insurance Hurricane season incoming
Hurricane Season is Here

From flood waters and property damage to power loss and spoiled food, coping with the aftermath of a powerful storm can be very troublesome for co-op and condo community board members, owners, and tenants. Therefore, during the Atlantic Hur…

Read More
Insurance Magnifying glass focussed on the word 'insurance' on the page of a generic dictionary.
2021 November Insurance Basics

While insuring your association against potential catastrophes can be a daunting proposition for a board made up of volunteers, it’s a crucial part of the job. Fortunately, there are delineated starting points, ample resources, and industry…

Read More
Insurance Insurance Coverage  vs. COVID-19
2020 August Insurance Coverage vs. COVID-19

By its very definition, insurance coverage is planned protection against both the expected and the unexpected. Life insurance clearly provides financial security in the event of death, which of course is an eventual certainty. But at the sa…

Read More
Insurance Parsing the Insurance Market
2020 February Parsing the Insurance Market

Insurance is cyclical; there are hard markets and soft markets, and insurance companies typically make money in two ways: underwriting profit, and investment income. When the market is soft, insurance companies are looking for market share,…

Read More
Insurance Insurance Rates to Rise in 2020
2019 December Insurance Rates to Rise in 2020

Economists often say that markets love consistency. So do condos and HOAs – and they share that preference for stability with another important group: insurance companies. Residential communities seek to keep their costs stable, and insuran…

Read More
1 2 3 7 Next