Category: Insurance

Insurance
2012 August Mind the Gap

 Too often, association boards—and condo residents—discover serious coverage gaps in their insurance policies in the face of a  claim. And often, the gap occurs when neither group wants to pay a high  deductible.    In recent years,…

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Insurance
2012 August Insurance Fraud!

 When fraud is discovered in the context of community associations, or any  non-profit, it usually takes shape as embezzlement over many years by a trusted  member or employee. Insurance companies that defend non-profit clients from  fraud…

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Insurance
2012 April The Insurance Puzzle

 Insurance sounds like a simple concept: you pay a premium to your insurer, and  then when you file a claim, your insurer pays you. Simple. Insuring a  condominium or association property shouldn’t be much different than insuring yourself—…

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Insurance
2011 August Value Engineering

 During the 1940s, Willie Sutton developed a lucrative niche of robbing banks.  During his unapproved withdrawals, he sometimes made use of ingenious  disguises. Those were the days when grand larceny took place in a bank lobby  rather tha…

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Insurance
2011 August NAMIC

 The National Association of Mutual Insurance Companies is the largest and most  diverse national property/casualty insurance trade and political advocacy  association in the United States.    “We are a full-service trade associatio…

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Insurance
2011 August Getting the Facts

 Congratulations. You have been chosen to help lead your community on a small  governing body that will determine the major policy decisions affecting  everyone who lives in your community. From finances to rules enforcement to  selection …

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Insurance
2011 August On Your Side

 Imagine the panic that sets in when a home is lost or damaged. Now imagine  navigating through that fear alone. Whether it’s fire or flooding or the violent effects of a storm, anything that damages or  destroys a home will have a lasting…

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Insurance
2011 August Protecting Your Valuable Amenities

 Most homeowners love the idea of having a swimming pool, athletic court or  health club as part of their association's grounds because it adds value to  their property and it gives them something fun to do throughout the year. But  HOAs t…

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Insurance
2011 August Not Your Grandfather's Policy

 Recent developments, both legislative and environmental, have led to  considerable changes in the New England insurance marketplace. And such  changes, as managers know, often lead to added paperwork, confusing  requirements, and tricky l…

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Insurance
2011 August The Sky is Falling!

 New Englanders got a taste recently of Mother Nature’s wrath when a series of tornadoes touched down in Springfield, Massachusetts  and surrounding areas, leaving devastation and death in their wake.    While devastating tornadoes …

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