Insurance – General

Illinois court asked: Are defects covered by general liability insurance?

The ruling, passed down from the state’s supreme court, could affect which issues contractors choose to litigate with insurers across…

5 months ago

Could FL condo roof insurance reform become a reality with proposed bipartisan bill?

With the costs of property insurance continuing to drive up the cost of living in Florida, South Florida State Rep.…

5 months ago

HOA Homefront: Reader Questions – Who Insures What in the Planned Development? (CA)

Kelly: Can a Planned Unit Development purchase “Bare Walls” fire insurance for residences since the HOA does not own them? …

5 months ago

S. Carolina Insurer’s Bad Faith Causes $27M Loss from Policies with $2.5M Limit

A panel of the South Carolina Court of Appeals on Wednesday affirmed a trial court order requiring Pennsylvania National Mutual…

5 months ago

Soaring Hurricane Insurance Rates Leave Hundreds of Hawai‘i Condo Buildings Under-Insured (HI)

One local insurance agent estimates that the owners associations for as many as 390 buildings have renewed their policies with…

5 months ago

Bipartisan lawmakers seek to cut condo insurance costs through valuation pilot program (FL)

In a bipartisan move, Florida lawmakers have introduced legislation that seeks to establish a Condominium Windstorm Pilot Program, which would…

5 months ago

Do You Really Want to Risk Not Having Insurance? (FL)

We all know what the cost of insurance is doing to our way of life. In most condominium associations, the…

5 months ago

Florida Condo Associations: Dodging Floods and Drowning in Premiums?

Well, folks, another hurricane season in Florida has come and gone, leaving us with nothing but a collective sigh of…

5 months ago

Aging Infrastructures: Changes in Insurance Underwriting (CA)

It is no secret that the insurance industry, especially for common interest developments in California, is in crisis. After several…

5 months ago

‘It’s just not fair’: Condo residents in Daytona Beach Shores face 500% property insurance rate hike (FL)

Residents of a Daytona Beach Shores Condominium are concerned about a massive hike in property insurance rates.   Read the article.................................

5 months ago