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The Role of an HOA and Condo President

The Role of an HOA and Condo President

Dec 21, 2023 | Business Insurance, Condo Associations, Real Estate, Risk Management

Similar to the CEO of a company, the president of a homeowners association (HOA) plays the primary role in decision-making and overseeing the day-to-day administration of the association. Some HOA presidents receive compensation, but most are unpaid volunteers,...
7 Factors Driving Commercial Property Insurance Costs

7 Factors Driving Commercial Property Insurance Costs

Aug 22, 2023 | Business Insurance, Condo Associations, Real Estate, Risk Management

The commercial property insurance space has progressively hardened in recent years, evidenced by ongoing rate increases and other difficult market conditions. This is largely due to several cost-driving trends impacting the segment. As such, it’s important for...
Common Exposures All Airbnb Hosts Should Consider

Common Exposures All Airbnb Hosts Should Consider

Jun 29, 2022 | Business Insurance, Condo Associations, Real Estate

In today’s technologically advanced world, individuals have a unique opportunity to efficiently rent out their home, spare bedroom or other accommodations through Airbnb, an online hospitality company. For travelers, Airbnb is a convenient platform that provides...
NOAA Predicts Above-average 2022 Atlantic Hurricane Season

NOAA Predicts Above-average 2022 Atlantic Hurricane Season

May 27, 2022 | Business Insurance, Condo Associations, Real Estate, Risk Management

For the seventh consecutive year, forecasters at the National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center are predicting an above-average Atlantic hurricane season—which extends from June 1 to Nov. 30. According to forecasters,...
Hurricane Insurance Coverage Considerations

Hurricane Insurance Coverage Considerations

May 3, 2022 | Business Insurance, Condo Associations, Real Estate, Risk Management

Hurricanes are some of the costliest natural weather disasters, with some causing well over $30 billion in damage. According to the National Oceanic and Atmospheric Administration, tropical hurricanes caused the most damage among the $310 billion weather disasters...
Fitness Centers: Risk and Exposures

Fitness Centers: Risk and Exposures

Apr 18, 2022 | Business Insurance, Condo Associations, Real Estate

Fitness centers are popular destinations for those looking to get in shape, and the owners and operators of these facilities are passionate about helping their members better their health. However, to best serve their members, owners of fitness centers need to address...
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