Category: Insurance

Insurance
2005 Aug Specialty Insurance

A condo or co-op development is a community, but it's also a business. And like anyone else who runs a business, an association or board needs to protect itself with the right insurance. If someone slips in the community room and gets in…

Read More
Insurance
2005 Aug The Importance of D&O Coverage

In 1997, a racially mixed couple wanted to sublet a co-op apartment at the Beekman Hill House Apartments in New York City. Nicholas A. Biondi, then-president of the Beekman Association's board of directors, refused to approve the couple'…

Read More
Insurance
2005 Aug Homeowners vs. Association Insurance

Living in a co-op or condo means shedding many of the worries that come with renting or owning a single-family home. There are no worries over mowing the lawn or fixing that crack in the driveway. The doorman looks after your packages an…

Read More
Insurance
2005 Apr Finding the Right D&O Insurance

By now, you have already heard about the "dramatic" changes in the Directors & Officers insurance marketplace. You have also most likely heard about the increasing number of lawsuits against directors and officers, and why associations t…

Read More
Insurance
2004 Aug Understanding Risk Purchasing Groups

In today's uncertain world, insurance costs can pose a hefty burden for homeowner's associations and co-op and condo boards trying to keep budgets balanced and costs lows. One potential solution to that burden may be a risk purchasing gr…

Read More
Insurance
2004 Aug The Ins and Outs of HOA Policies

Unless you are in the business, understanding insurance can seem complicated—but for association boards, management companies, shareholders, and unit owners, it's important that everyone is aware of the insurance that is needed and provi…

Read More
Insurance
2004 Aug General Contractors and Insurance

Imagine that your condominium association calls in a general contractor to do some renovation work on one of the buildings in your development. Or one of the unit owners calls in a contractor of his own to do some work on his kitchen or …

Read More
Insurance
2004 Aug The Value of Directors and Officers Insurance

Imagine you sit on a board of directors that makes a mistake or error in judgment that results in a lawsuit. Imagine the case goes to trial, and the judge awards the plaintiff hundreds of thousands of dollars in damages. Now imagine that…

Read More
Previous 1 6 7 8