Category: Insurance

Insurance Confident businessman with three umbrellas concept for more than adequate ample insurance cover or failsafe backup plan
2023 August Adequate Community Insurance Coverage

The topic of insurance can provoke fear in the most steadfast of board members. It’s both terrifying in what its purpose implies, and yet at the same time mind-numbingly boring. It’s also one of the most important components in protecting o…

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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…

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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…

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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…

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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…

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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…

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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…

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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,…

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