In light of the recent condominium collapse in Surfside, Florida, condominium associations may find themselves questioning whether they are adequately insured for catastrophic casualty events and/or allegations of mismanagement of the condominium. There are several types of insurance that condominium associations are required to have under the Louisiana Condominium Act, and several other types of insurance that associations should seriously consider obtaining in order to respond to large scale disasters. Read the entire article……………………………….
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