Category: Insurance

Insurance Keep on Learning
2011 August Keep on Learning

 To be an informed board member is the goal. For both new and seasoned members,  however, there are countless challenging topics requiring specific knowledge.  With new regulations and legislation on tap, it is imperative that board  membe…

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Insurance Insuring the Extras
2011 August Insuring the Extras

Most homeowners love the idea of having a swimming pool, athletic court or health club as part of their association’s grounds because it adds value to their property and it gives them something fun to do throughout the year. But HOAs th…

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Insurance Not Your Grandfather's Policy
2011 August Not Your Grandfather's Policy

 Recent developments, both legislative and environmental, have led to  considerable changes in the New Jersey insurance marketplace. And such changes,  as managers know, often lead to added paperwork, confusing requirements, and  tricky le…

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Insurance Natural Disasters in New Jersey
2011 August Natural Disasters in New Jersey

New Jerseyans got a taste recently of Mother Nature’s wrath this spring when some of the worst flooding in decades damaged and destroyed homes and memories throughout Northern New Jersey. While some parts of the northern part o…

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Insurance The ABC's of D&O
2011 August The ABC's of D&O

 Good afternoon—and welcome to the board. Your mission should you choose to accept it is to make  decisions to better your building. The residents may not like you and, more  importantly, may not like those decisions. Nevertheless, keep do…

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Insurance Keeping It in Reserve
2010 August Keeping It in Reserve

Most people wouldn't buy a home without an attorney, or start a business without an accountant. In the same way those professionals assist with complex legal and financial processes, a civil engineer trained in the specific field of de…

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Insurance Getting Along, Getting it Done
2010 August Getting Along, Getting it Done

Sometimes, just getting two people to agree on what to have for dinner or what movie to see on a Saturday night can seem like an overwhelming task. Now imagine trying to get five, seven or nine people to make million-dollar decisions t…

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Insurance Learning the Ropes
2010 August Learning the Ropes

Co-op and condo board members are usually volunteers who give of their time and expertise to help make sure their building or HOA is well-run and their investment protected. In a perfect world, new board members are architecture graduat…

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Insurance The Proper Fit in Insurance
2010 August The Proper Fit in Insurance

For any condominium or community association, there are certain types of insurance that HOAs cannot live without. Generally those include: property, liability, umbrella, D&O (with employment practices liability (EPL) insurance embedded …

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Insurance Are They Covered?
2010 August Are They Covered?

Mistakes happen. It’s a simple fact of life and a simple fact of doing business. That’s why issues of insurance are so important for condominium managers and boards to take seriously. While it is easy enough to keep up to date on one’s o…

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