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Many people living in common interest communities don’t consider flood insurance a priority.  Some believe their individual homeowners insurance or the insurance policy carried by the homeowners’ association will cover flood damage.  Unfortunately, these common misconceptions can leave a homeowner stranded in knee deep waters.  The following article provides answers to frequently asked questions andGo to Resource

INTRODUCTION An effective D&O loss prevention program for a non-profit association may accomplish numerous objectives, including: Reducing the liability exposure not only of the directors and officers, but also the association to the extent the association may indemnify losses incurred by management. Improving the association’s ability to recruit qualified directors and officers. Avoiding time consuming,Go to Resource

Whether it’s a slip and fall in the community or an upset owner who did not get his architectural request approved, there are numerous situations that can lead to the filing of legal action against an association.  And if such association is not adequately insured, a legal action could literally bankrupt a community. So howGo to Resource

A Colorado federal court judge recently issued an important decision addressing community association insurance issues. We expect this decision will assist community associations to secure insurance benefits under liability policies where claims are made alleging inadequate repair and maintenance. Commercial general liability (CGL) insurers occasionally deny any obligation to provide a legal defense or toGo to Resource

Homeowner associations are commonly required by their governing documents to insure common element structures.  This is especially true for condominiums where the association insures the majority of the building structures. With the passage of time, building codes and ordinances change to reflect new standards in construction.  These changes generally relate to fire safety, structural integrity,Go to Resource