Category: Insurance

Insurance
2009 August Missing Money

 With the economy in the throes of the worst financial crisis in decades, it’s no wonder that the world’s second oldest profession – thievery – is on the rise. The nefarious Bernie Madoff and others of his ilk have highlighted the  vulnera…

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Insurance
2009 August Injured on the Job

 The roof of your condominium survived relatively unscathed through yet another  New England winter (OK, there was that one leak), but the condominium board has  unanimously agreed that it's time to reshingle.    You’ve taken bids a…

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Insurance
2009 August Riding Out the Storm

 As homeowner insurance costs continue to escalate in the coastal regions of New England, it has become harder to successfully wade through the morass of deductibles and  policy lingo on storm insurance coverage. But with a little knowledg…

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Insurance
2009 August Filling the Gaps

Afire sweeps through a row of condominiums, some of them partially-built units that were caught in the financial downturn. What happens when empty condo units, finished or otherwise, suffer damage? Who pays to rebuild them? Ac…

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Insurance
2008 August 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. As members of this influential demographic sell their large s…

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Insurance
2008 August 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 co…

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Insurance
2008 August 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 …

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Insurance
2008 August 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…

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Insurance
2008 August 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 b…

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Insurance
2008 August 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 fi…

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