Property Damage Claim and General Liability Coverage/Denial (CA)

When there is a potential for litigation regarding property damage, your association’s legal counsel will sit down with the Board of Directors to analyze whether the alleged property damage resulted from the association’s negligence in any form. If the association is put on notice of a potential negligence claim, it is advisable to immediately report the matter to your Commercial General Liability (“CGL”) insurance carrier.     Read the article………………………………..

Editor

Recent Posts

ADUs: Strategic Solution to California’s Housing Shortage

Recent California laws enacted in 2023 and 2024, make it easier for homeowners to obtain…

14 hours ago

The Future of Condominium Living: Trends and Predictions

The condominium living experience is evolving rapidly, influenced by technological advancements, demographic shifts, and changing…

14 hours ago

HB 1203, Effective July 1, 2024, Changes HOA Fining Requirements (FL)

When Florida lawmakers concluded their 2024 Legislative Session, a number of bills passed that affect…

14 hours ago

New Requirements for Condominium Association on Inspections of Official Records

The Florida Legislature adopted House Bill (HB) 1021, which was recently signed into law by…

15 hours ago

HOA board wants to eliminate parking policy (NV)

Q: Our homeowners association has private streets and has a formal parking policy that simply…

15 hours ago