Anatomy of a D&O Policy

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

Insurance – Are You Adequately Insured?

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

Important Insurance Coverage Decision

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

What is Ordinance and Law Coverage and Why Associations Need It

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

Protecting Your Association’s Name and Good Will

With the increase in use of the internet for the posting of blogs, the reputation of it is now more critical than ever to protect the Association’s name and in some cases trademarks from harm.  Disgruntled owners can now, very easily place all of their grievances on line with great ease.  In communities that surviveGo to Resource
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