Insurance
The “Insurance” category contains articles and court case decisions that involve issues pertaining to a homeowners association’s insurance coverage.
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Association’s Delay in Filing Suit Against Insurance Carrier Results in Dismissal of Case Seeking Over $1,000,000 for Storm Damage
- Case Decisions, Insurance
This case involved a dispute between a homeowner’s association (“Association”) and its insurance carrier (“Carrier”) over whether the Association submitted
- Insurance
With the extremes in weather that Americans have experienced over the last few years, property damage insurance claims have caused
ASSOCIATION AND INDIVIDUAL DIRECTORS SUED BY MEMBERS FOR FAILURE TO PURCHASE FIRE INSURANCE IN AN AMOUNT REQUIRED BY THE BYLAWS
- Case Decisions, Insurance
A fire tore through a 54-unit condominium building in Brooklyn, rendering it uninhabitable. But for the unit owners, the real
HOMEOWNERS ASSOCIATIONS SHOULD PLAN FOR SUBSTANTIAL INCREASES IN THE COST OF INSURANCE
- Insurance
Homeowners associations (HOAs) should expect substantial increases in their insurance premiums due to the recent wildfires, especially in states like
- Insurance
The recent devastating wildfires that have taken place make it vital that homeowners association management personnel be proactive in safeguarding
HOAs Should Have Both “Directors & Officers” Insurance and “Crime/Fidelity” Insurance
- Board of Directors, Insurance
Notwithstanding the fact that state statutes and homeowners’ association governing documents contain specific provisions regarding insurance coverage that is necessary,
- Insurance
A common mistake made by condominium owners is not having condominium owners’ insurance. Although most condominium declarations contain provisions that
HOA Concealment of Threatened Lawsuit Results in Loss of Insurance Coverage
- Case Decisions, Insurance
This case involved a dispute between a California homeowners association (“Association”) and its management company on one hand, and Association’s
Misrepresentations to Insurance Carrier Cost Association Over $700,000.00
- Case Decisions, Insurance
United States Court of Appeals decision (February 7, 2020). The case involved a dispute between a condominium owners association (“Association”)
