2005 Aug
Focus on... Insurance

Insurance Homeowners vs. Association 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…

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Insurance The Importance of D&O Coverage
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'…

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Insurance Specialty 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…

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Insurance Protecting Your Valuable Amenities
2005 Aug Protecting Your Valuable Amenities

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 tha…

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Insurance Insurance Upgrades
2005 Aug Insurance Upgrades

Life, wrote the British playwright Tom Stoppard, is a gamble at terrible odds—if it was a bet, you wouldn't take it. And thus was born the insurance business, an entire industry devoted to placing carefully calculated wagers on the …

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Law & Legislation Adhering to the Playground Code
2005 Aug Adhering to the Playground Code

When the weather is warm and the days are long, nothing says Summer like the sounds of neighborhood kids at play. There's safety to consider along with all the fun, however. While all fifty states have statutes on the books spelling…

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Insurance Avoiding Mold Litigation
2005 Aug Avoiding Mold Litigation

While panic and alarm are not warranted, the time is now for real estate owners, developers, lenders and borrowers to begin to pay attention to toxic mold and their potential liability for property damage or personal injury. Though the n…

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