Is Property Damage Caused by a Subcontractor’s Faulty Workmanship an Occurrence for Purposes of a Commercial General Liability Insurance Policy?

loading… A Colorado federal appellate court recently issued a significant decision which should guide community associations and contractors to make helpful contract and insurance decisions.  This court decision addressed the recurring issue of liability insurance coverage for construction projects In the recent Greystone case, the Tenth Circuit Court of Appeals, a federal court based inGo to Resource

Snow Removal Contracts

loading… To guard against problems and liability, associations need to know the ins and outs of snow removal contracts, what to do when a slip-and-fall occurs and when a frozen pipe breaks. The following guidelines and tips will help associations prepare for the winter season. Snow removal contracts Your snow removal contracts should: Have aGo to Resource

What Is Fidelity Insurance And Why Your Association Needs It

loading… Many community associations are required by their declarations to carry “fidelity insurance,” but what exactly is fidelity insurance? What does it cover and, perhaps more importantly, what doesn’t it cover? In order to fully protect an association, it is important to understand the limitations and exceptions of an association’s fidelity insurance. In simple terms,Go to Resource

Maintenance and Insurance Charts

loading… An association’s maintenance and insurance obligations are typically set forth in the association’s declarations of covenants.  However, in many instances, simply reading the maintenance and insurance provisions of the declaration will not give boards and managers clear answers.   Often times, many provisions of the declaration need to be cross referenced and read in conjunction,Go to Resource

Winter, The Broken Pipe Season: Who Pays for Water Damages Resulting from Negligence?

loading… It’s now winter, the season of broken pipes and water damage. In our September newsletter, we discussed how to analyze a situation when water damage has occurred, and how to develop a policy to handle insurance claims and allocation of deductibles. In this article, Part 2, we’ll dig deeper into the question of howGo to Resource
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