Condominium associations in Michigan play a crucial role in managing residential communities and ensuring compliance with state laws and regulations. Condominium insurance is an integral part of this ecosystem, providing financial protection against liabilities and property losses for both associations and individual unit owners. Understanding how Michigan’s Condominium Act (the “Condominium Act”) shapes these insurance requirements and how various factors influence policy issuance and premiums is essential for associations, insurers, and policymakers    Read the article (PDF)…………………………….